EQS-News

ProCredit group reaches key milestones in its comprehensive sustainability strategy in 2023 and defines further targets

EQS-News: ProCredit Holding AG / Key word(s): Sustainability/ESG ProCredit group reaches key milestones in its comprehensive sustainability strategy in 2023 and defines further targets 20.03.2024 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. ProCredit group reaches key milestones in its comprehensive sustainability strategy in 2023 and defines further targets

 

• Publication of the Impact Report Package for the 2023 financial year
• Opening of the ProCredit “ProEnergy” solar park in Kosovo demonstrates the group’s commitment to achieve climate neutrality
• Head office of ProCredit Bank Ukraine awarded EDGE certification for green buildings, bringing the total number of our head offices receiving this distinction to six
• Development of Gender Action Plan and the first steps for an inclusive finance concept strengthened by joining the 2X Global initiative
• Strategy to achieve net-zero emissions and SBTi-validated near-term science-based emission reduction targets defined

 

Frankfurt am Main, 20 March 2024 – The ProCredit group, which operates mainly in South Eastern and Eastern Europe, evaluates its activities not only in terms of client needs and profitability, but also in terms of the potential impact of its actions on society and the environment. The Impact Report published today documents the ProCredit group’s ESG performance and initiatives in 2023 in accordance with the standards set by the Global Reporting Initiative (GRI). In addition to its compliance with these standards and the UN Sustainable Development Goals (SDGs), the group also took into account other voluntary initiatives, such as the UN Global Compact, the Principles for Responsible Banking (UNEP FI), the Partnership for Carbon Accounting Financials (PCAF) and the Joint Impact Model (JIM), when preparing the Impact Report Package for 2023. The structure of this year’s report focuses on economic, social and environmental priorities, such as job creation and investment, diversity and inclusion, green energy and climate action, and is based on the following five UN SDGs, which are particularly relevant to the ProCredit group: SDG 5 Gender equality, SDG 7 Affordable and clean energy, SDG 8 Decent work and economic growth, SDG 9 Industry and innovation, and SDG 13 Climate action.