Media release

VP Bank becomes Signatory of the global Principles for Responsible Banking

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VP Bank has become an official Signatory of the UN Principles for Responsible Banking – a single framework for a sustainable banking industry developed through an innovative partnership between banks worldwide and United Nations Environment’s Finance Initiative.

The Principles for Responsible Banking set out the banking industry’s role and responsibility in shaping a sustainable future and in aligning the banking sector with the objectives of the UN Sustainable Development Goals and the 2015 Paris Climate Agreement. They also, importantly, enable a bank to embed sustainability across all its business areas, and to identify where it has the potential to make the most impact in its contributions to a sustainable world. They also position a bank to leverage new business opportunities with the emergence of the sustainable development economy.

Paul H. Arni, Chief Executive Officer of VP Bank Group:  “The Principles are fully aligned with VP Bank’s strategy 2026 and ambition to grow its business while creating a positive impact for society and environment. As a bank we are in a position to advance sustainable development for the benefit of all our stakeholders.  We are proud to be part of a coalition that is proactively working towards creating a more sustainable economy.”

Sustainability is an important pillar in the Group strategy and for the long-term success of VP Bank. The Sustainability Plan 2026 supports the ambitions and defines what the Bank wants to achieve in the coming years.  Engaging with the PRB will support the robust implementation of the plan.

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