Sovcombank was amongst the first banks in Russia to integrate the principles of environmental and social responsibility and corporate governance into its strategy. The bank’s participation in international sustainability initiatives helps it leverage best global practices to streamline implementation of the ESG (Environmental Social Governance) approach.
In 2019, Sovcombank became the first Russian bank to sign the UNEP FI Principles for Responsible Banking as a way to stress its commitment to sustainable development and corporate social responsibility.
Sovcombank wholeheartedly supports the UN Sustainable Development Goals (SDGs) designed to address the world’s most pressing economic, environmental and social issues. With its operations, the bank seeks to make a contribution towards achieving the SDGs, raise awareness about its approach and promote actual sustainability agenda in Russia.
Sovcombank places a particular emphasis on responsible and green financing, supporting SMEs, enhancing access to high-quality financial services all over the country, improving general financial literacy, developing human capital and promoting social responsibility.