Through PF4EE, Zagrebačka banka directly finances eligible energy efficiency and small renewable energy investments in Croatia, mainly in the corporate sector and including residential and non-residential building refurbishment and the renovation of industrial facilities. To support the aforementioned climate strategy, Zagrebačka banka provides the financial instrument ”PF4EE” to its clients. Notably, UniCredit achieved the top ESG rating score on FTSE Russell’s scale, namely a score of 5.0.
BPER HOME BANKING INTERNET SERIES
This series is designed by FTSE Russel (owned by the London Stock Exchange Group) and measures the performance of companies that demonstrate strong ESG practices.
For example, Belfius established an extensive network with stakeholders from the energy efficiency market and discussed energy efficiency financing in numerous forums across Belgium. To foster energy efficiency loan pipeline development, Belfius conducted several targeted activities. As per March 2019, more than 25 projects for an amount of about EUR 25 million were realised through the PF4EE product BEEP. Further, several third investor projects relating to photovoltaic installations, cogeneration and district heating have been realised. Thanks to the PF4EE instrument’s portfolio guarantee, Belfius has successfully developed financing for EPC-projects (Energy Performance Contracting) in education, social housing and the public sector. The main target sectors of the BEEP product include cogeneration, public lighting, district heating and renewable energy projects related to existing buildings. Further, indirect financing, channelled through energy service companies (ESCOs) and third investors, is provided to public energy efficiency projects. Thus, Belfius joined the PF4EE instrument in 2017 and since then deploys it through the Belfius Energy Efficiency Package (BEEP), a new loan product to finance energy efficiency.īEEP is intended to directly finance energy efficiency projects of enterprises as well as social profit and education institutions. As market leader in the public and social profit sector in Belgium and as ambitious challenger in the corporate sector, Belfius’ objective is to fully support its customers in their energy efficiency projects.