How we are reducing our environmental impact

SberBank’s environmental and responsible finance policy.
How we are reducing our environmental impact
We are guided by the principles of responsible resource consumption and the UN Sustainable Development Goals to reduce environmental impacts.

Our environmental policy: areas for action

Reduction of waste output and resource consumption

Waste paper sent for recycling, weight in metric tons

A paperless bank

Over the past few years, digitization has led to a radical reduction of the bank’s use of paper in business operations, as well as the number of paper documents archived.


annual reduction of paper workflow

596 mn

reduction in the number of sheets of paper used in 2019 compared to 2018

51 000

trees saved thanks to efficient resource consumption

157 mn rubles

financial impact of paper reduction in 2019

Less waste

Separate waste collection, %

Apart from paper, the bank’s main forms of waste generated are: end-of-life office equipment, cartridges, batteries, and office waste.

To reduce the amount of waste sent to landfills, we implement separate waste collection: one-fifth of waste is collected separately.

420 kg of batteries

collected for recycling at headquarters and Srednerussky Bank locations in 2019

up to 40%

planned increase of waste sent for recycling by 2023

Bins for the separate collection of the main types of general waste – paper, plastic, glass, used batteries – are set up in SberBank and subsidiary offices. The waste is then sent for recycling.

The bank owns approximately 5,000 vehicles – mainly armored cars for CIT purposes. All vehicles meet at least Euro 5. All new vehicles meet Euro 6.

We are in the process of negotiating a possible purchase of hybrid vehicles.


of Class 1-3 hazardous waste and end-of-life equipment is sent to specialized organizations for disposal


of non-hazardous waste is sent to specially equipped landfills

Energy efficiency

We are improving the energy efficiency of our main facilities – offices, servers, and customer service outlets – and aim to reduce our energy consumption.


decrease in energy consumption over five years

up to 30%

planned increase in green (renewable) energy supply

Increasing energy efficiency in offices

  • Introduction of telemetry systems (automated control systems) and remote energy management at thousands of existing facilities
  • Equipment with high energy efficiency. Our offices use energy-efficient LED lighting
  • PCs are turned off on weekends and bank holidays
  • Kitchens are equipped with motion sensors to regulate lighting

Energy efficiency requirements for equipment and building modernization

  • Regulations for specific energy consumption in place for buildings and structures.
  • Energy efficiency requirements no lower than “A” for equipment, eliminating wasteful energy consumption.

Renewable energy projects

SberBank has adopted LEED (Leadership in Energy and Environmental Design), a voluntary certification system for buildings.

Through certification, we reduce our environmental impact during both construction and maintenance of buildings. Cutting-edge technology is used when building new structures, which helps save energy.

Financing of green projects, RUB Bn

SberBank is an active participant in the development of the “green” economy and finances renewable energy projects aimed at reducing CO2 emissions. These projects include wind and solar power plants, as well as municipal waste recycling.

Wind farm near Murmansk

In 2019, SberBank extended a line of credit to PJSC Enel Russia to finance the construction of the 201 MW Kolskaya wind farm, which is the largest wind farm in Russia beyond the Arctic Circle and is expected to be commissioned by the end of 2021.

Wind farm in Rostov Region

SberBank and the Fortum-RUSNANO wind investment fund portfolio company (a joint investment fund between PJSC Fortum and RUSNANO Group) concluded an agreement to fund the construction of a wind farm in Rostov Region.

Solar parks

In 2018, the bank funded the construction of the Samara solar power plant. In 2019, it supported Solar System’s construction of the Staromaryevskaya solar power plant in Stavropol Territory.

Responsible finance

Environmental risk management in lending

The bank has begun to implement differentiation between clients based on ESG risks: the classification of the client base will be according to their level of environmental risk and the terms and conditions will be adjusted according to their fulfilment of the environmental requirements.

First green finance deal

In 2019, SberBank participated in the first syndicated financing deal which took into account the borrower’s progress in meeting environmental targets. The borrower was RUSAL.

According to this deal, lending rates vary depending on how the company is faring with environmental impact-related targets. Additionally, aluminum sales with a low carbon footprint, where hydropower is used for production, also affect the rate.

ESG strategies for private investors

Sberbank Private Banking has issued two sustainable investment strategies — Solactive SPB Foodtech Index and SPB Women Impact EUROPE Index.

The first strategy will allow clients to participate in the development of new projects in FoodTech, i.e. fast-growing food technology segments, growing their businesses in the light of ESG principles. The second index is made up of shares in 30 public European companies with high gender parity rates.

We are preparing to launch new responsible finance strategies, which will allow investors to invest in environmentally-friendly companies.

Coordination with the state on the environment

We are involved in the formulation of public environmental policy

SberBank is involved in the Presidential Inter-Ministerial Working Group on Climate Change and Sustainable Development and the Bank of Russia Working Group on Responsible Finance.

Participation in the Clean Air project

SberBank funds the Clean Air project, part of the Environment National Project. The goal is to reduce harmful emissions in the 12 most polluted industrial centers in Russia.