Photo: ProCredit bank

The climate situation in which we find ourselves requires that the emissions of harmful gases be reduced in order to try to stop the increase of the average global temperature above 1.5 degrees Celsius compared to the pre-industrial level.

In order for the answer to the challenges before us to be clear, we need to go back to the beginning and understand the cause that led us to the problem we are fighting against.

What is a carbon footprint?

Every activity we do today leaves a carbon footprint. Put simply, the total amount of emitted greenhouse gases directly or indirectly produced by people, organizations, events, companies, is a carbon footprint. Its quantity is a measure of our impact on the environment and climate change.

The carbon footprint represents the sum of all emissions of carbon dioxide and other gases that retain heat in the atmosphere, causing global warming, and which humans cause through their actions over a certain period of time.

As a guideline towards which our struggle should move, the European Union has set an ambitious goal. That is carbon neutrality by 2050. In order to reach the set goal, the package of regulations and measures “Fit for 55” was adopted in order to reach the goal of 55 percent net reduction of greenhouse gas emissions by 2030.

Each of us can reduce our carbon footprint by changing our lifestyle and consumption habits, such as reducing trips in cars that use fossil fuels, using renewable energy sources, deciding on more sustainable products, and making smarter use of living and working space. And that’s just a small part of the changes we can implement.

Companies, institutions, governments and large associations should make the greatest effort, but also show others by example how positive changes can occur. That’s why many of them strive for responsible business, which prioritizes environmental protection and the reduction of greenhouse gas emissions.


Responsible business as a choice

A good example of this kind of practice is provided by ProCredit Bank, which also made a contribution at the Group level by reducing its own share of carbon dioxide by 56 percent in the period between 2018 and 2021. This was achieved by using solar energy, monitoring electricity and heat consumption, banning single-use plastics in business premises, as well as purchasing electric and plug-in hybrid vehicles, with the goal that all vehicles in their fleet by the end of 2022 will be vehicles with zero CO2 emissions.

Responsible business is a decades-long practice of this bank, because it assumes responsibility for assessing the environmental impact of not only its own, but also the activities of its clients on the environment and society. Thanks to dedicated work, ProCredit bank is recognized as a leader of the green transition in Serbia.

Every activity in ProCredit Bank must be verified as sustainable, which is why they work almost daily on planning and optimizing procedures in order to save resources.

How dedicated they are to achieving the set goals is also shown by the fact that the bank’s operations must not have an impact on the environment, which is why they will never lend to someone whose activities negatively affect the environment, regardless of the profitability the business brings.

Thanks to a careful and prudent approach to credit risk analysis and avoiding making compromises for the sake of profit, ProCredit Bank has a stable and strong credit portfolio.

Additional stability and security is provided by the constant education of employees, both about sustainable and responsible business, and environmental protection. They work every day to transfer everything they apply to their clients and to train them on how to make their business sustainable.

Prepared by: Milica Radičević

The text was published in the Magazine of the Energy Portal RESPONSIBLE BUSINESS.

Source: Energetski Portal by

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