BRD partners with EIF to boost sustainable investments
BRD Groupe Société Générale has entered into a new partnership agreement with the European Investment Fund (EIF) to guarantee loans that finance sustainable projects.
BRD Groupe Société Générale has entered into a new partnership agreement with the European Investment Fund (EIF) to guarantee loans that finance sustainable projects.
BRD Groupe Societe Generale and IFC, a World Bank Group member, have finalized a synthetic significant risk transfer (SRT) deal.
BRD Groupe Société Générale, in cooperation with Eldrive Romania, started this month the first phase of a pilot project to install charging stations for electric cars at the branches in Galati and Timișoara.
BRD has strengthened its involvement in financing the transition to sustainability with the total volume of new sustainable financing reaching over RON 1.2 billion (€240 million) in the first half of 2023, says Flavia Popa, Secretary General, BRD Groupe Société Générale. She talked to the Green Forum about the target regarding the reduction of water and energy consumption in the BRD offices and also about the social projects that the bank supports.
On International Climate Emergency Day (22 July), the Climate Change Summit (CCS), the largest event in Central and Eastern Europe dedicated to addressing the challenges of climate change, presented the carbon footprint report of its first edition in 2022.
BRD – Groupe Société Générale granted sustainable financing of RON1.1 billion (€220 million) last year. BRD launched 2022 its first green lending products for individuals. Also, the BRD Group reduced its energy consumption by 12.5% compared to the previous year and the greenhouse gas emissions resulting from operations.
BRD announced that the value of new sustainable financing transactions made in 2022 reached €215 million.
Romania is increasingly positioning itself as a promising destination for green investments, with several sectors showing strong potential.
Battery-electric vehicles (BEVs) accounted for 15.2% of the EU market share as of February 2025, marking a significant rise from 11.5% in the same period of 2024.
LG Energy Solution has been chosen as a key partner for a large-scale energy storage system (ESS) project led by Poland's state-owned utility, PGE.
The project for new renewable energy production capacities, submitted by the Hunedoara County Council and the Petrila City Hall, has been approved for funding by the Ministry of Energy.
InnoEnergy, a leading European investor in clean technologies, has unveiled a new growth strategy for 2025–2030, aiming to secure up to €160 billion in funding for the sector.