French bank Societe Generale says it will give away more than $100 million through its new Societe Generale Philanthropy program, which will focus on three areas: education, culture, and the environment, the BBC reports.
"With our Corporate Foundation and local initiatives, and thanks to the commitment of our staff, we want to act purposefully with our partners to create together projects with a strong impact on society and the environment," CEO Slawomir Krupa says in a press release.
The bank says the new philanthropic policy "reflects our ambition to have a positive impact on society and to be a leader in ESG commitments."
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The granddaughter of President George H.W. Bush, Lauren Bush Lauren, she launched the FEED Projects back in 2007 to address world hunger. FEED has contributed over 75 million meals worldwide through consumer goods sales like the “1” bag that feeds one child in school for an entire year for every bag sold.