SQB is improving its Green Banking strategy aimed at sustainable development and environmental responsibility. As part of the strategy for 2021-2023, the bank has implemented an Environmental and Social Risk Management Policy and focused on greening workplaces and offices. The doubling of the bank's green portfolio between 2019 and 2022 confirms its commitment to financing environmentally friendly projects.
The Bank cooperates with partners in the field of combating climate change and participates in international events such as International Climate Day, which is held annually on May 15. With the help of the CAFI and GTS monitoring system, SQB has achieved significant results in reducing CO2 emissions by 326,433 tons, saving electricity - 762,620 MWh, water - 16,413 m3 and natural gas - 107,080 m3 by issuing green loans.
In the future, the bank will focus on the implementation of the new plan for 2024-2026. As part of this strategy, by 2030, it is planned to increase the share of green loans in the portfolio to 30%, prevent CO2 emissions up to 400 thousand tons per year and save electricity up to 700 thousand MWh. It is also planned to switch to a "green" economy and introduce new local plans and documents to combat climate change.
The Bank is also improving digital customer service by offering full-fledged Digital banking. This helps to improve the convenience and accessibility of services, as well as supports environmental initiatives through the reasonable use of paper.