The contribution of human activities to climate change is one of the greatest problems of our time. The financial sector will play a central role in solving it.
Today, we are
signatories of the UN Principles for Responsible Banking
contributing to achieving the goals of the Paris Climate Agreement
supporting Estonia’s goal of achieving a climate-neutral economy by 2050
striving to be one of the private sector’s leaders in the field of environmentally-friendly investments
open to the opportunities afforded by the new economy
following green office principles to make LHV climate-neutral by 2022
Our Initiatives
Keep on reading for a brief introduction to our projects. Our desire is to operate sustainably, and as an Estonian bank, we want to help the Estonian economy to adapt to meet the climate targets.
The UN Principles for Responsible Banking
We will align LHV’s financing and investment activity with the Paris Climate Agreement with the goal to limit the global temperature increase.
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Cooperation
Green Tiger
Green Tiger is a new initiative from Let's Do It, the organization that launched the global World Cleanup Day project. The aim of Green Tiger is to shape the movement into the next big countrywide initiative. Green Tiger can also be compared to the Estonian Tiger Leap computerization project from a few decades ago. Green Tiger creates a circular economy model for individuals, the community, as well as the private and the public sector. Green Tiger will be a future trendsetter for other countries. So far, LHV is the initiative’s only representative and partner from the banking sector.
Estonian Banking Association
The Estonian Banking Association’s sustainable banking committee was created in January 2020 at the initiative of LHV. One of the main goals of the committee is to use financing activities to help identify and leverage new sustainable business opportunities that will increase the competitiveness of local companies, communities and the country as a whole. The committee will alsocontribute to building sustainability-related awareness and be a partner for governmental institutions, the Bank of Estonia, and influential organizations in developing the field of sustainable financing.
Finance Estonia
LHV is a member of FinanceEstonia.Our activity in this non-profit allows us to contribute to the spread of sustainable banking principles throughout the financial sector. We also support the Green Finance conference organized by FinanceEstonia, dedicated to discussions on the green ethos as a future trend throughout the financial services world. FinanceEstonia supports the development of the financial sector, innovation, and the export of services.
