Hungarian Bankholding joins the UN Sustainability Initiative

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Hungarian Bankholding joined the global cooperation established by the United Nations, signing the Principles for Responsible Banking. The aim of this international collaboration is to facilitate the financial sector's move towards sustainability.
esg

The United Nations (UN) is providing a network of banks, insurers and investors with tools and practical guidance to help them achieve their sustainability goals. These include progressive reductions in greenhouse gas emissions, financial inclusion and other environmental efforts needed to achieve future prosperity.

The credit institutions that join the initiative commit to comply with their ESG strategies and to pay special attention to sustainability in their business activities.

The credit institution plans to increase its use of green energy, aims to achieve full carbon neutrality and plans to place greater emphasis on ESG risk considerations when assessing loan applications.

Cover photo: Getty Images

 

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