Sber will continue to issue loans with a reduced interest rate by those companies that invest in green technologies and adhere to ESG principles (ESG – Environmental, Social and Governance, Environmental, Social and Management Responsibility), spoke on the business brunch of the Solition “Agriculture and ESG transformation: challenges and opportunities “In the framework of the exhibition” Golden Autumn – 2021 “First Deputy Chairman of the Board of the Bank Alexander Lamuntsin.
According to him, the Bank already has the so-called “green taxonomy” – a clear definition of what is “green” loan and ESG-credit. Green borrowings are intended for companies that care about the environmental friendliness of production and their products, while ESG is an integrated approach, uniting both ecology, and social responsibility, and management responsibility.
“When issuing both mentioned types of loans, the Sber is ready to give preferential conditions and reduce the interest rate. The fact is that in the future these enterprises are much more stable: their products are more in demand, including exports. As a result, the owners of such enterprises, Like lenders, remain in winning. The risk is lower, and the rate is lower, “said Layenins.
The first deposit of the Board of Sberbank noted the importance of a global trend for carbon neutrality for the economy of Russia – at the moment the country with a weight of 70 percent of world GDP declared its intention to compose carbon emissions with the capabilities of its absorption.
“This means that the country will not allow its products with a high carbon footprint to its territory, which will be wrapped with export restrictions. This year, Russian agricultural exports will be almost $ 31 billion, this is a record indicator. Three leading importing countries of agricultural products from the Russian Federation are China, European Union and Kazakhstan, “noted Lamunts.
At the same time, he stressed that China and Kazakhstan declared carbon neutrality by 2060, and the European Union – by 2050. Moreover, it is expected that these requirements will expand.
One of the main tasks of Russia is to develop the economy and ensure high GDP growth, reminded Leningin. According to him, the transition to “green rails” and the reduction of carbon intensity will contribute to the achievement of this purpose.
“We see that one additive of words about CO2-neutrality or reduced emissions improves marginalness by 30-50 percent. The loyalty of employees increases by 15-20 percent, when they are talking about environmental initiatives. Thus, the” green “agenda “She about money,” Alexander Lamunts explained.
According to him, until 2050 in agriculture will need to invest approximately 3.6 trillion to comply with carbon development strategies. The first deposit board of the board recognizes that this is a big amount, but in general (perhaps with the involvement of external borrowing) real and lifting.