Société Générale announced on Monday that it had launched its first digital green bond, a further illustration of the services developed by the French bank in the digital securities segment.

The three-year, €10 million investment is in the form of a 'security token' directly registered on the Ethereum blockchain, with the aim of promoting ESG data transparency.

The main new feature is that information on the carbon footprint linked to the bond's digital infrastructure will be freely available 24 hours a day, seven days a week.

The operation, conducted by its digital asset services subsidiary SG-Forge, aims to meet issuer and institutional client demand for digital assets incorporating ESG considerations, explains SG.

The banking group points out that these 'tokens' have been fully subscribed by two leading institutional investors, AXA Investment Managers and Generali Investments, via a private placement.

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