We actively support and finance investments aimed at environmentally responsible actions.
We have formed a package of green banking products, which meet the specialized needs of companies wishing to:
- to upgrade the energy efficiency of their business or
- invest in green energy projects emphasizing in the sustainable development of the economy
At the same time, we are already incorporating Environmental, Social and Corporate Governance criteria, known as ESG, in more and more of our services and products, aiming to provide a higher level of financial products in order to assist them in accomplishing sustainable investments.
Piraeus Bank offers specialized products and services designed to meet the specific needs of:
- Green Financing for Individuals
- Green Financing for Business and Professionals
- Green Financing for Farmers
A detailed description of the Sustainable Financing solutions can be found here.
Piraeus Bank financed (until the end of 2020) 1,759MW in Renewable Energy projects (RES). These projects produce about 3,442 GWh per year. The operation of these RES plants avoids the release of many pollutants including 3.62 million tons of CO2 on an annual basis.