ProCredit Group Announces Significant Achievements in 2023 Sustainability Efforts and Sets Future Goals

The ProCredit group has successfully reached considerable milestones in their sustainability journey during the year 2023, while also outlining ambitious future targets. Highlights include the publication of their Impact Report Package for the 2023 financial year and the launch of the “ProEnergy” solar park in Kosovo, evidencing the group’s commitment to achieving climate neutrality.

ProCredit Bank Ukraine's head office gained EDGE certification for green buildings, making it the sixth head office within the group to receive this acknowledgment. This achievement is part of a broader sustainability strategy that also focused on gender equality and inclusive finance, demonstrated by the development of a Gender Action Plan and joining the 2X Global initiative.

The group's dedication to environmental sustainability is further highlighted by their strategy to achieve net-zero emissions, alongside setting science-based emission reduction targets that have been validated by the SBTi. Initiatives such as increasing the share of e-cars and hybrid plug-ins in their vehicle fleet, maintaining a 100% recycling rate for paper and electronic waste, and encouraging energy efficiency among clients, underscore ProCredit's comprehensive approach to sustainability.

In terms of workforce development and social impact, ProCredit emphasized the importance of a diverse and positive working environment. The group recorded an increase in employee numbers and committed to further training in diversity and inclusion. Moreover, ProCredit's efforts have contributed to job creation and the support of women-owned businesses, with over 20% of MSME loans in 2023 aiding companies with significant female ownership.

The publishing of the Impact Report together with the Annual Report marks ProCredit's sustained effort to transparently communicate their sustainability performance and strategies. These documents underscore the group's alignment with global sustainability frameworks and their ongoing commitment to economic and social development in their regions of operation.