Climate Change Data

ProCredit Holding AG & Co. KGaA

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:644 kilotonnes of GHG (Scope 3 emissions)
Scope 3 Emissions:644 kilotonnes of GHG
Waste Generated:31.6 tonnes of paper waste (100% recycled), 13.9 tonnes of e-waste (100% recycled)

ESG Focus Areas

  • Climate Change
  • Responsible Banking
  • Human Rights
  • Social Responsibility
  • Sustainable Finance
  • Economic Development
  • Corporate Governance

Environmental Achievements

  • Reduced group's own CO2 emissions by 56% between 2018 and 2021.
  • Green loan portfolio represents 19% of the total loan portfolio.
  • Avoided emissions equivalent to 324.5 kilotons of CO2 in 2021 through green lending.

Social Achievements

  • COVID-19 vaccination campaign supporting employee health and safety.
  • Academy e-campus implementation strengthening training capacities.
  • Response to COVID-19 with individualized risk assessment to support SME clients.

Governance Achievements

  • Tightened Exclusion List and ESG client selection criteria.
  • 100% staff vaccination rate.
  • ProGreen account launched in Ecuador and Bulgaria, allowing clients to finance green loan portfolio.

Climate Goals & Targets

Medium-term Goals:
  • Grow green loan portfolio to 20% of total portfolio by 2023.
Short-term Goals:
  • Achieve carbon neutrality by 2023 (scopes 1 and 2).

Environmental Challenges

  • Russian military invasion of Ukraine and its impact on operations.
  • Balancing economic development with environmental protection in emerging markets.
  • Addressing forced labor allegations in the production of PV panels.
Mitigation Strategies
  • Stress testing to assess the impact of the war in Ukraine on group results.
  • Exclusion of manufacturers with potential links to forced labor from financing.
  • Engaging with clients to improve their environmental and social performance.

Supply Chain Management

Responsible Procurement
  • Sustainable Suppliers Guideline

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes, market shifts
Opportunities
  • Financing energy efficiency and renewable energy investments.

Reporting Standards

Frameworks Used: GRI Standards: Core option, UN Global Compact, UN Environment Programme Finance Initiative – Principles for Responsible Banking (PRB), Partnership for Carbon Accounting Financials (PCAF), EU Taxonomy

Certifications: ISO 14001, EMAS

Sustainable Products & Innovation

  • ProGreen account
  • Sustainable debit card made from PLA

Awards & Recognition

  • First prize in the national “Building of the Year” competition for Denis Diderot School.