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Environmental Standards

All of the banks belonging to the ProCredit group set high standards regarding the impact of their operations on the environment. All ProCredit institutions have implemented Environmental Management Systems. In March 2017, ProCredit Bank Ukraine was awarded with ISO 14001:2015 certification, the internationally recognized standard for environmental management systems, applicable to the full range of banking services in all of the bank’s premises. The certification will be renewed every three years according to the requirements of ISO standards.

ProCredit Bank in Ukraine has implemented the Environmental Policy which sets out a three-pronged approach to environmental challenges. The Environmental Policy is available through our employees, please write to contact_office@procreditbank.com.ua. The outline on the bank's environmental management system is presented below:

Pillar 1: Internal environmental management system

ProCredit Bank Ukraine is putting in place an approach to better understand and improve the sustainability of its own energy use and environmental impact. Environmental issues are an essential component of the training provided to ProCredit Bank staff at the local, regional and international level.

The bank has designated an Environmental Coordinator and an Environmental Committee to be responsible for monitoring our environmental performance, and co-ordinating efforts to improve it.

Pillar 2: Management of environmental risk in lending

ProCredit Bank Ukraine has implemented an environmental management system based on continuous assessment of the loan portfolio according to environmental criteria, an in-depth analysis of all economic activities which potentially involve environmental risks, and the rejection of loan applications from enterprises engaged in activities which are deemed environmentally hazardous and appear on our institution’s exclusion list. By incorporating environmental issues into the loan approval process, ProCredit Bank Ukraine is also able to raise its clients’ overall level of environmental awareness.

Pillar 3: Promotion of “green finance”

ProCredit Bank Ukraine aims to promote economic development that is as environmentally sustainable as possible. In 2008, we launched a programme of green finance products – the first of its kind in Ukraine – consisting of energy efficiency loans for private individuals and small and medium businesses. Since then the programme has been extended to embrace financing of renewable energy projects, as well as investments into resource efficiency, waste management, organic agriculture and other environmentally friendly projects.

Since 2008, the bank has disbursed 3,905 home improvement energy efficiency loans and 524 loans to businesses to finance green investments. As of May 31, 2017, the bank's outstanding green loan portfolio amounted to EUR 36.2 million comprised of 240 loans. The share of the green portfolio in the bank's total loan portfolio is 12%.

Environmental Performance in 2015

Our bank's environmental performance, as well as those of the sister banks of ProCredit Group, is presented in the Annual Environmental Performance Report for 2015.

Updated on 23.02.2018 17:38:08
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