Société Générale / Risk report 2021 - Pillar 3 2020

16 OTHER RISKS CONDUCT RISK | SOCIETE GENERALE GROUP | PILLAR 3 - 2021 231 CONDUCT RISK 16.5 The Group is also exposed to conduct risk through all of its core businesses. The Group defines conduct risk as resulting from actions (or inactions) or behaviours of the Bank or its employees, inconsistent with the Group’s Code of Conduct, which may lead to adverse consequences for its stakeholders, or place the Bank’s sustainability or reputation at risk. Stakeholders include in particular our clients, employees, investors, shareholders, suppliers, the environment, markets and countries in which we operate. See also “Culture and Conduct programme” (pages 280 and 281 of the 2021 Universal Registration Document).