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For the environment

It’s important to Coop Pank that our everyday activities have a clearly positive impact on the environment. In order to ensure this, we joined the Responsible Business Forum, where we stepped into the role of an investor member - the only bank operating in Estonia to do so.

In this way, we contribute to developing a framework for responsible business practices and to the achievement of the UN Sustainable Development Goals, and the objectives of the Paris Agreement on climate change.

We don’t finance projects that are harmful to people or the environment, and are gradually offering various products that promote the wider spread of environmentally friendly technologies that help to reduce our carbon footprint. An example of this is the funding we provided for the establishment of solar power parks with a total nominal capacity of 63.6 kW. We also follow the same criteria when outsourcing the services we need for our operations.

In order to reduce the carbon footprint of the bank’s operations, we will move our head office from its present location to the new and more economical Skyon building in 2021. This office building is built and maintained according to the requirements of the LEED Gold certificate. LEED (Leadership in Energy and Environmental Design) is one of the most prevalent green building rating systems in the world.

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