In the first part of this year, UniCredit set sustainability targets to further reduce both its direct environmental impact and the exposure of its loan portfolio to controversial sectors.
EBRD is providing a €7 million loan to UniCredit Bank dd Mostar in Bosnia and Herzegovina through the multi-donor Green Economy Financing Facility (GEFF) for the Western Balkans.
It is still a long way to embedding ESG principles into corporate culture, operations, and decision-making processes. That was the main takeaway from a panel at CEE ESG Forum 2024 organised by Property Forum and Green Forum in Vienna last November.
United Group, a telecommunications and media company based in Southeastern Europe, has made a major investment of €120 million ($124.6 million) to expand its green energy initiatives in Bulgaria.