To this end, we are actively contributing today with various actions and initiatives.
"Sustainable tomorrow" is not just a term for NBG. Every day we work responsibly to address the impact of climate change and support the transition to an economy that makes it happen.
We are leaders in financing sustainable energy and green economy.
In October 2020, we issued the first green senior bond of EUR 500 million, from a Greek bank, aiming to allocate all the funds raised to finance green economy projects.
Sustainable Development Policy.
We apply standards and environmentally responsible practices and we have signed the UNEP FI Principles of Responsible Banking (PRB).
Our goal as the “Energy Bank” is to achieve a neutral carbon footprint and at the same time protect biodiversity and the ecosystem's health. We are well prepared to support the National Energy & Climate Plan and we take up initiatives and shape the developments in the renewable energy sector. We source 97.5% of our energy from renewable sources, we are renewing our car fleet with electric cars, we are upgrading the energy efficiency of our buildings and we are planning other actions as well, such as minimizing paper consumption. Learn more.
We forge alliances and take initiatives for a more sustainable tomorrow.
Every day, we make every possible effort to create a better tomorrow. Having fully understood that climate change is one of the most important challenges of our era, we take initiatives to protect the environment and participate in programs and actions in collaboration with important bodies and institutions which contribute to regeneration and prevention. Learn more.
Since November 2023, NBG has been a member of the Net Zero Banking Alliance (NZBA), the leading global alliance of banks who are committed to driving their lending and investment portfolios to Net Zero emissions by 2050, as defined by the Paris Climate Agreement. ΝBG has been the first Greek bank to join the alliance with already set and disclosed interim Net Zero emissions reduction targets for 2030. Learn more.
Following international best practice, we support and deepen this commitment by issuing our first Transition Plan, a document reaffirming our interim 2030 targets in the six priority sectors / portfolios and articulating in detail the way in which we plan to attain these targets. See here the Transition Plan.
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Because we believe that for a sustainable tomorrow, we have to make an effort every day.”
