Center-invest Bank is using the new business opportunities of a distance economy to bolster sustainability in all areas of its operations. It provides a positive example of a socially responsible business based on an ESG-banking business model.
In its management of sustainable development, Center-invest Bank is guided by the following standards and principles:
Center-invest Bank fully supports and recognises the importance of the 17 SDGs which are intended to address key environmental, economic and social challenges worldwide. While the bank aims to contribute to implementation of all the SDGs, given the nature of its business and the region in which it operates, the following five SDGs are priorities:
In 2019-1H2021, Center-invest Bank invested RUB 245.2bn in implementation of the SDGs and RUB 213.5bn in the National Projects. Center-invest Bank provides information about each depositor's contribution to implementation of the SDGs and National Projects. For every 100 rubles deposited with the bank, 69.1 rubles goes towards the SDGs, and 66.5 rubles goes towards the National Projects.
This breakdown clearly shows how every Center-invest Bank depositor is contributing to the sustainable development of the region, the country, and the world.
By using integrated reporting rather than just financial reporting, the bank has been able to assess the following in a new light: