As its parent company, Société Générale, Komerční banka is aware of the need to look for responsible ways of financing.
When managing clients’ funds, we therefore do not take into account their prosperity only, but also respect for environmental and social principles. Thus, we are knowingly helping to minimize the negative impacts on the environment and society.
Equator Principles: In the financing of large infrastructural and industrial projects the entire SG Group follows Equator Principles, a set of voluntary guidelines of financial sector for assessing the environmental and social risks of major projects based on the World Bank’s international standards.
Global Partnerships: The SG Group is one of the founders of UNEP-FI - United Nations Environmental Programme Financial Initiative, a programme of global partnerships between the UNEP and the financial sector.
Implementing the Sustainable Development Goals: In 2019, the SG Group was a founding signatory of the Principles for Responsible Banking, committing to strategically align its business with the Sustainable Development Goals set by the United Nations and the Paris Agreement on Climate Change.
Memorandum for Sustainable Finance
In 2021, we signed the CBA Memorandum for SustainableFinance in which we and other banks reaffirmed our commitment to creating a business environment conducive to sustainable and socially responsible development of the Czech Republic.
Commission on Sustainable Finance
In 2021, the member banks of the CBA established the Commission for Sustainable Finance, whose chairman was elected Hana Kovářová, director for brand strategy and communication at KB. This commission will long-term address the question of how banks can make a concrete contribution to creating conditions for the sustainable development of the Czech Republic.