Sber and NOVATEK have signed a cooperation agreement covering ESG and co-financing of green projects at the 24th St. Petersburg International Economic Forum.

With this agreement, the parties reaffirm their intentions to cooperate in ESG finance of projects covering environmental protection, climate change prevention, development of renewable energy sources, production and transshipment of low-carbon or carbon-neutral products, as well as to co-implement social initiatives.

Caring about the environment and the future of our planet is a set of tools that we use and actions we take. Sber drives ESG initiatives in Russia helping clients of any profile minimize their carbon footprint. We are excited that NOVATEK pay close attention to sustainable development issues and are confident that this agreement will enhance the efficiency of our mutual efforts in this domain.

Herman Gref

CEO, Chairman of the Executive Board, Sberbank

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Sberbank of Russia published this content on 04 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 June 2021 13:14:12 UTC.