ERSTE GROUP BANK AG is a leading financial institution in Austria, operating in the banking sector. The company has a strong presence in Central and Eastern Europe, with subsidiaries in countries such as Czech Republic, Slovakia, Romania, and Croatia. ERSTE GROUP BANK AG has a long history of providing financial services to its customers, including retail and corporate banking, wealth management, and investment banking.

As a responsible corporate citizen, ERSTE GROUP BANK AG is committed to decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions and increase the share of renewable energy in its energy mix. ERSTE GROUP BANK AG is also actively supporting the transition to a low-carbon economy by financing renewable energy projects and providing advisory services to its clients.

One of the key initiatives undertaken by ERSTE GROUP BANK AG in the area of decarbonisation is the implementation of a corporate energy strategy. The company has developed a comprehensive energy management system that enables it to monitor, measure, and optimize its energy consumption. This system has helped ERSTE GROUP BANK AG to identify areas where energy efficiency can be improved, resulting in significant cost savings and reduced environmental impact.

Another important initiative undertaken by ERSTE GROUP BANK AG is the adoption of corporate power purchase agreements (PPAs) for renewable energy. PPAs are long-term contracts between a renewable energy generator and a corporate buyer, which provide a stable and predictable source of renewable energy at a fixed price. ERSTE GROUP BANK AG has signed several PPAs with renewable energy generators, which has helped the company to increase the share of renewable energy in its energy mix and reduce its carbon footprint.

ERSTE GROUP BANK AG is also actively financing renewable energy projects, such as wind farms and solar power plants. The company has a dedicated team of experts who provide advisory services to clients who are interested in investing in renewable energy projects. ERSTE GROUP BANK AG has a strong track record in financing renewable energy projects, and has provided financing for several high-profile projects in Central and Eastern Europe.

In addition to its efforts in decarbonisation and renewable energy, ERSTE GROUP BANK AG is also committed to promoting sustainability in its operations and business practices. The company has developed a comprehensive sustainability strategy that covers a wide range of issues, including environmental, social, and governance (ESG) factors. ERSTE GROUP BANK AG has also established a sustainability committee, which is responsible for overseeing the implementation of the company's sustainability strategy.

ERSTE GROUP BANK AG has been recognized for its leadership in sustainability and ESG issues. The company has been included in several sustainability indices, such as the Dow Jones Sustainability Index and the FTSE4Good Index. ERSTE GROUP BANK AG has also received several awards for its sustainability initiatives, including the Austrian Sustainability Reporting Award and the CEE CSR Award.

In conclusion, ERSTE GROUP BANK AG is a leading financial institution in Austria that is committed to decarbonisation and promoting sustainability in its operations and business practices. The company has set ambitious targets to reduce its carbon footprint and increase the share of renewable energy in its energy mix. ERSTE GROUP BANK AG is also actively supporting the transition to a low-carbon economy by financing renewable energy projects and providing advisory services to its clients. The company's efforts in sustainability have been recognized by several sustainability indices and awards, highlighting its leadership in this area.