Sberbank is expanding its responsible financing portfolio, which includes green, adaptation, and ESG loans, with projected growth to about 3.4 trillion rubles by 2026. This optimistic outlook was shared by the bank’s senior vice president for ESG, who outlined the plan in discussions with the Interfax agency. The message reflects a deliberate push to scale sustainable finance across the bank’s lending activities, signaling a strong commitment to environmental and social governance as a core strategic pillar.
As of now, Sberbank’s sustainable financing portfolio already surpasses 2.4 trillion rubles, a milestone cited by the same executive. This current figure demonstrates the rapid implementational momentum of the bank’s ESG lending initiatives and indicates that the institution has successfully integrated climate-compatible and resilience-building projects into its standard lending framework. The trajectory suggests a continued acceleration in the coming quarters as more customers and sectors align with sustainable finance criteria.
Looking ahead, the bank predicts an additional upturn by year’s end, with the ESG portfolio expected to climb by roughly 40 percent relative to its present level. If this pace holds, the total could approach 3.4 trillion rubles by 2026, underscoring a sustained push toward green finance that harmonizes risk management with long-term value creation. This forecast reflects ongoing efforts to identifying and fund projects that support lower carbon intensity, climate adaptation, and broad ESG benefits across the borrower base.
Importantly, the leadership notes that the current scale of 2.4 trillion rubles exceeds earlier goals established at the start of the year. Earlier targets set a path to raise the sustainable financing portfolio to about 1.7 trillion rubles by the end of 2023, illustrating a meaningful acceleration in the bank’s strategic priorities. The revised outlook highlights the organization’s capacity to adapt and expand its financial products to meet evolving policy and market demands while maintaining prudent governance and oversight across all ESG investments.