Overview of Sber’s Energy, ESG, and Sustainable Development Policy
Sber has integrated the company’s energy policy, ESG framework, and sustainable development plan into its implementation trajectory. The core objective of the energy policy is to raise energy efficiency across the bank and all Sber members. This improvement is expected to bolster organizational competitiveness and contribute to a measurable drop in greenhouse gas emissions.
According to Stanislav Kuznetsov, Deputy Chairman of the Board, the energy policy represents a document that concentrates and intensifies the bank’s existing resource-use efforts. It also sets up a structured approach to energy management across departments, ensuring ongoing, systematic work on energy resources. This policy shifts the organization toward modern, green, and energy-saving technologies, bringing tangible economic advantages to partners and customers while reducing environmental impact.
From a strategic standpoint, Sber has long aimed to minimize its carbon footprint. Notably, the bank announced its ambition to reach carbon neutrality in its operations by 2030 at the latest, establishing a clear milestone for the organization and its ecosystem of clients and collaborators.
In practice, the policy harmonizes efforts across governance, operations, and partnerships. It emphasizes responsible resource use, transparency in energy reporting, and continuous improvement through technology upgrades, process optimization, and supplier engagement. The result is a concrete pathway to lower emissions, cost savings, and a stronger, more resilient business model for the bank and its stakeholders. This approach also reinforces Sber’s commitment to sustainable finance, innovation, and responsible growth, aligning with broader environmental, social, and governance goals that guide corporate strategy and stakeholder trust.