Certification with the ISO 14001 Environmental Management Standard
ProCredit Bank Kosova has been certified under ISO 14001, the international standard for environmental management systems (EMS) published by the International Organization for Standardization (ISO). The ISO 14001 certificate confirms our team’s efforts in implementing environmental legislation and further motivates us to undertake more initiatives for environmental protection.
Member of CSR (Corporate Social Responsibility) in Kosovo
CSR is a concept that promotes the activities of businesses and organizations to help society develop sustainably. The network brings together responsible businesses and organizations to work jointly toward sustainable development, promoting the concepts and ideas of corporate social responsibility.
The United Nations Environment Programme Finance Initiative (UNEP FI)
ProCredit Holding AG is a member of the UNEP Finance Initiative and endorses its Principles for Responsible Banking. Moreover, under the same initiative, ProCredit Holding participates in the Finance Leadership Group on Plastics.
Net-Zero Banking Alliance (NZBA)
Led by the industry and convened by the UN, this is an alliance of banks from around the world committed to aligning their lending and investment portfolios with net-zero emissions by 2050 or earlier. This aligns with the most ambitious objectives set out in the Paris Climate Agreement.
The Science Based Targets initiative (SBTi)
The ProCredit Group is committed to setting future short-term and long-term emission reduction targets in line with the SBTi Net-Zero Standard, as part of the Business Ambition for 1.5°C and the UN’s “Race to Zero” campaign.• The Science Based Targets initiative (SBTi) has assessed ProCredit Holding’s short-term targets as science-based. In the short term, the Group is committed to reducing its Scope 1 and 2 emissions by 42% and to engaging with clients responsible for 28% of the portfolio’s emissions, so that they set their own science-based targets, while continuing to finance only renewable energy projects.
2X Global
The institution joined 2X Global, a global membership and ecosystem-building organization that brings together various actors in the financial industry to advance cross-sectoral investment agendas and facilitate capital deployment through gender-smart investments.
United Nations Global Compact (UNGC)
Participation in the UN Global Compact for sustainable and responsible corporate governance underscores our commitment to strategically integrate sustainability and to contribute to the implementation of the SDGs by adopting the Ten Principles of the UN Global Compact.
Partnership for Carbon Accounting Financials (PCAF)
As part of our efforts to assess Scope 3 emissions resulting from our loan portfolio, as well as to measure climate risks and limit our impact on climate change, the ProCredit Group has set itself the task of measuring and publishing the greenhouse gas emissions associated with our lending and investment activities in accordance with the PCAF standards.
Joint Impact Model (JIM)
To achieve comparability, accountability, and transparency in measuring key impact indicators in a harmonized way, the ProCredit Group joined JIM and began quantifying indirect jobs and value added from its investments.
