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Sovcombank commits to aligning with UN principles for responsible banking

Oct 01, 2019 - Banking and Credit News

Sovcombank has announced it is bthe first Russian bank to become a founding signatory of the UNEP FI Principles for Responsible Banking, the company said.

The principles commit to strategically aligning with the Sustainable Development Goals and the Paris Agreement on Climate Change.

The Principles for Responsible Banking provide the framework for a sustainable banking system in which a bank's business strategy is aligned with society's goals, and guide banks in demonstrati...