IPC’s green approach at ProCredit banks worldwide


In May 2016, ProCredit brought together around 500 SMEs from South Eastern and Eastern Europe at a B2B event marking the start of ProCredit Bank Bulgaria’s operations in Thessaloniki, Greece. The ProCredit group took this opportunity to celebrate its success in providing financial services to SMEs in the region and present its approach to green finance in an exhibition showcasing the joint efforts of the ProCredit banks and their clients with regard to improving environmental performance. Since 2008, IPC has been engaged in the systematic implementation of its green finance approach at ProCredit banks worldwide. Comprehensive environmental management systems, green lending activities, and the management of environmental and social risk have been introduced with the support of IPC, substantially improving internal and external environmental performance at all ProCredit banks. Staff knowledge and awareness of environmental and energy issues has been enhanced and new organisational structures have been established, helping to ensure that the environmental management systems remain firmly anchored within each institution. IPC’s consulting and other targeted measures have supported the ProCredit group’s efforts to reduce resource consumption. Energy and fuel consumption have decreased by 30%, water consumption by almost 40% and paper consumption by more than 50% over the last two years. Thanks to IPC’s experience in building and establishing green finance expertise at ProCredit, many of its clients now benefit from green loans. Businesses in particular have gained competitive advantages by investing in renewable energy projects, environmental protection measures and modern, energy-efficient machinery and premises. The ProCredit banks have disbursed almost 10,000 green loans to businesses and private households for a combined total of EUR 500 million.