On March 12, 2018, the French President Emmanuel Macron and the Indian Prime Minister Narendra Modi inaugurated the ENGIE photovoltaic park in Mirzapur, during the official visit of the French State to India, in the presence of Isabelle Kocher, CEO of ENGIE.

Sustainable finance encompasses:

  • SRIs (Socially Responsible Investments) that take into account CSR performance criteria in their analyses and their decisions;
  • solidarity finance for projects with a significant social impact, generally in developing countries;
  • participatory finance involving the use of zero-intermediary crowdfunding tools and methods via Internet platforms and social media;
  • green finance for projects with a significant environmental impact to address or adapt to global warming. ENGIE is involved in initiatives to promote this method of financing by actively supporting the green bond market or initiative “Finance for Tomorrow” led by Paris-Europlace to whose board Anne Chassagnette was elected in 2018 for two years.

Moreover as part of its project development process, ENGIE has developed twelve CSR criteria that must be applied to all major projects, and at least to those examined by the Group Engagement Committee. These criteria are: climate change mitigation, climate change adaptation, environmental management, water stress, protection of biodiversity, social license to operate, stakeholder engagement, community involvement and human development, ethics and human rights, responsible procurement, global protection of people, tangible and intangible assets, and quality of employment conditions.

Evaluations are implemented and reviewed by project managers to enable decision-makers to measure the CSR impact of new projects based on these twelve criteria.