Beac approved the company's Energy Policy

AK&M 31 May 2023 13:13

Beac adopted the company's Energy Policy as part of the plan to implement the ESG and Sustainable development policy. The document reflects the official position of the bank in the field of energy saving and energy efficiency. It confirms the course of BEAC to follow the principles of ESG, focus on the introduction of a corporate culture of environmental friendliness and lean manufacturing. This is stated in the message of the BEAC.

The main goal of the Energy Policy is to increase the energy efficiency of the bank and all members of the Beac Group, which will ultimately have a positive impact on the competitiveness of organizations and lead to a reduction in greenhouse gas emissions.

The Energy Policy of the BEAC is a document that concentrates the current activities of the bank's divisions in terms of the use of energy resources and ensures systematic work on their management. The development of modern approaches in the field of green and energy-saving technologies not only brings the bank closer to carbon neutrality, but also gives a tangible economic effect.

BEAC is the driver of the ESG agenda and one of the pioneers of responsible financing in Russia, it makes a significant contribution to the Russian green agenda. It became the first Russian bank to announce a strategic goal of achieving carbon neutrality of operating activities no later than 2030.

Sberbank of Russia (TIN 7707083893) is the largest bank in Russia, Central and Eastern Europe. The Bank is the main lender of the Russian economy and holds the largest share in the deposit market. Sberbank's services are used by customers in 18 countries around the world. The Bank has a branch network in Russia: about 14 thousand service points. The bank's foreign network consists of subsidiaries, branches and representative offices in the UK, USA, CIS, Central and Eastern Europe, India, China and other countries.

The authorized capital of Sberbank is 67.76 billion rubles and consists of 21586948 thousand ordinary shares and one billion preferred shares with a nominal value of 3 rubles. The main shareholder of Sberbank is the Russian Federation represented by the Ministry of Finance of the Russian Federation, which owns 50% of the authorized capital of Sberbank PJSC plus 1 voting share. The remaining 50% minus 1 voting share of the bank's authorized capital is owned by Russian and international investors.