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.
Top lenders discussed their strategies for integrating ESG considerations into financing decisions at the first CEE ESG Forum 2024, organised by Property Forum and Green Forum in Vienna last November.
Aurora Energy Research has released its inaugural European Renewables Market Overview Report, projecting that intermittent renewable energy capacity in Europe will more than triple by 2050.
SolarPro Holding, Bulgarian engineering, procurement, and construction (EPC) contractor, will develop a 174 MW solar photovoltaic (PV) farm in Romania's Oltenia region.
EBRD will advance the broader use of innovative financial instruments in Poland by signing a synthetic securitisation deal and new lending commitment with Bank Millenium.
Hungarian energy firm Alteo plans to expand its presence in Central Europe and the Balkans, aiming to significantly grow its renewable energy portfolio.
