Center-invest Bank participated in the first international scientific and practical conference «ESG-transformation of management systems and sustainable development», organised by the Russian Academy of National Economy and Public Administration under the President of the Russian Federation. Vasily Vysokov, Chairman of the Board of Directors of Center-invest Bank, Professor, Doctor of Economics, made a presentation «Sovereign ESG Banking».

The conference was attended by rectors of universities from Central Asia, sustainable development experts from the St. Petersburg Stock Exchange, the Bank of Russia, the Association for the Development of Financial Literacy and the RAEX-Europe rating agency. 

The participants discussed the key factors in the management systems ESG transformation, the use of an integrated approach for administrative management training and efficient interaction between the state, business and civil society. Center-invest Bank has been operating based on a sustainable banking model for 30 years and has achieved significant results to share with the global community: building a ESG banking digital model, creating the world’s first ESG balance-sheet, maintaining of ESG reporting. 

«ESG banking expands the range of risks and planning horizon, and also helps in finding creative solutions and recognising new alternatives, new opportunities, new tools for new adaptation to new challenges,» says prof. Vysokov.

The experience gained allowed Center-invest Bank to build sovereign ESG banking that is comprehensive (with all the levels and aspects of management covered), organic (not raising rates during a crisis and developing personnel and customers apart from speculative banking policies), digital, real-life, innovative, adaptive (ready for the new challenges), financially stable. Participation of a regional bank in global problem solving allows to use own competitive advantages and form global competitiveness.