ESG specialized team at Hellenic Bank

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17:26 Tuesday
March 29, 2022 INSIDER • GOAL • IN-CYPRUS • PROPERTY • CYPRUS-IS • CAREER LIKE • GOING OUT • XRYSES SYNTAGES • ACTIVE • PHILGROUP NEWS & nbsp; SOCIETY & nbsp; INSIDER & nbsp; OPINIONS & nbsp; GOING OUT & nbsp; CULTURE & nbsp; SPORTS & nbsp; AUTO & nbsp; GOOD LIFE & nbsp; USEFUL & nbsp; PRINTED EDITION & nbsp;

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Hellenic Bank is leading the green transition, investing in the implementation of sustainable practices and in supporting “green” initiatives and businesses & nbsp;

Believing that the future is green, Hellenic Bank is leading the transition to a green economy through the adoption of sustainable operating practices, the financing of “green” companies, but also its participation in green initiatives.

In particular, the Bank has established specific criteria for assessing social and environmental risks in the process of approving new financing, while it has set up a specialized team for sustainability and ESG (Environment, Society, Governance). By offering quality products and integrated services with advice and incentives to its customers, it encourages them to improve their environmental performance through sustainability measures.

By investing in sustainable development, Hellenic Bank consistently plans its actions, reducing its environmental footprint and contributing to social welfare and corporate governance (ESG). As one of the leading banking institutions in the country, Hellenic Bank looks forward to becoming the largest ambassador of the rapid transition to the Green Economy, which is one of the five main pillars of the National Recovery and Sustainability Plan (NAP). Aiming at a green and sustainable future and reversing the effects & nbsp; of climate change, Hellenic Bank is committed to green and social business financing, offering quality options and solutions.

Environmental protection over time guides every aspect of the operation of Hellenic Bank. It is worth noting that it was the first bank in Cyprus to join the Priceless Planet Coalition, an environmental initiative under the auspices of Mastercard, in which leading banking institutions from around the world participate. In this context, it issued eco-cards, using materials from the Mastercard Catalog of Sustainable Materials.

At the same time, it lends to renewable energy production projects, applying social and environmental risk assessment criteria in the process of approving new financing, while is constantly reducing its footprint with the design of energy buildings and the implementation of systems that promote the reduction of paper, water and electricity consumption.

More information at www.hellenicbank.com/growgreen & nbsp;