The UNEP FI (United Nations Environment Programme Finance Initiative) international initiative encompasses banks, insurance companies and investors. Its purpose is to promote and accelerate sustainable development.
We have been a member of the initiative since 2004 and actively participate in the global effort to create a sustainable future for the economy and the planet.
The UNEP FI Principles for Responsible Banking (PRB) provide a framework that ensures a global transition towards sustainable financing. Through the Principles, banks align their decision-making strategy in terms of financing and investments with the UN Sustainable Development Goals and the Paris Agreement on climate change.
In 2015 the United Nations (UN) adopted the 17 Sustainable Development Goals (SDGs) as part of the 2030 agenda. Their objective is to achieve economic progress and prosperity for all, while ensuring social justice and caring for the environment.
We directly contribute to achieving 11 of the SDGs through the activities we launch or plan for the future:
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When mapping our contribution, we took into account both the positive and the negative impact of our value chain. We indirectly contribute to promoting all the SDGs, as all 17 are interconnected and impact one another.
The United Nations Global Compact (UN Global Compact) was launched in 2000. It is a global community consisting of businesses and organisations that collaborate and network. The members commit to:
In 2024 it already counts 14,000 members from 160 countries.
1. Businesses should support and respect the protection of internationally proclaimed human rights; and
2. make sure that they are not complicit in human rights abuses.
3. Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
4. the elimination of all forms of forced and compulsory labour;
5. the effective abolition of child labour; and
6. the elimination of discrimination in respect of employment and occupation.
In 2024 we signed the UN Global Compact Letter of Commitment. This way we demonstrate out commitment to develop strategies and business models that encompass the Ten Principles of the UN Global Compact.
We are intensifying our efforts so that our corporate culture and strategy promote the UN Sustainable Development Goals among our people, customers and suppliers, driven by the vision to create a more sustainable and inclusive future.
Alpha Asset Management MFMC is a a signatory of the UN c (PRI) initiative. The 6 Principles offer a series of possible ways to incorporate ESG criteria in investments, aiming at a more sustainable global financial system.
To this end, we honour our commitment to integrate ESG parameters in investment analysis, decision-making and active ownership practices.
In 2023 we were the 1st Greek bank to co-sign the Commitment Statement to join the UN-convened Net-Zero Banking Alliance (NZBA). NZBA is the flagship climate initiative under the Principles for Responsible Banking, targeting net-zero emissions across the finance industry.
This initiative aims to reinforce and accelerate decarbonisation strategies, by providing an international framework and guidelines, in compliance with the Paris Agreement on climate change.
Global Sustain offers innovative solutions and services linked to sustainability, corporate responsibility, ESG investments and responsible financing. This way it helps its members to improve their performance based on the triple bottom line: economic growth, social responsibility and environmental responsibility.
We have been participating in Global Sustain since 2008.
The Hellenic Network for Corporate Social Responsibility, CSR Hellas, is a business network in the form of a non-profit organisation. It aims to promote the concept and incorporation of Corporate Social Responsibility in the strategy and operation of businesses of all sizes and industries.
We have been a member of CSR Hellas since 2007. We actively participate in its initiatives focused on training for businesses and their adaptation to the new business environment.
We are participating in the Sustainability, Green Banking and Corporate Governance Committee of the Hellenic Bank Association. The Committee is involved in banking issues linked to the environment and sustainability, such as:
