Sustainability:
What is ESG?
Environmental
Protecting environment and natural systems
Social
Promoting people’s rights, well-being and interests
Governance
Governance structure, ethics and conduct, transparency and reporting
What does the Bank do:
supports sustainable economic growth
contributes to increasing quality of life and social well-being
promotes the circular economy by financing sustainable projects
ensures the health and safety of employees
promotes solidarity, inclusion and sustainability
helps to promote a more responsible and environmentally friendly business environment
ESG principles of the Bank:
✔️ Respect for fundamental human rights;
✔️ Integrity, honesty and mutual respect in relations with partners;
✔️ Legality of actions taken and responsibility for their consequences;
✔️ Design and delivery of sustainable products;
✔️ Promotion of “responsible investment” in the national economy;
✔️ Assessment of ESG risks in the analysis of products, services and projects financed, as well as in decision-making processes;
✔️ Integration of environmental, social and governance criteria in the Bank’s activity.
Integrating ESG principles:
Sustainable lending
Developing and promoting “green” financial products, in line with market expectations, dedicated to the implementation of sustainable and energy efficiency projects.
Responsible employer
Development of active ESG management tactics, integrated into the governance model and continuous investment in employee well-being and development, inclusion, diversity and social equity.
Responsible social actor
Promoting social inclusion activities, supporting projects in the fields of health care, culture, sports and education.
Bank’s ESG offerings:
- Financing sustainable projects
The Bank supports and promotes long-term sustainable investments by setting science and research-based targets to mitigate climate change and develop alternative energy sources and energy efficiency projects. In the area of energy efficiency improvement and green energy development, the Bank promotes the implementation of energy-efficient technologies and development of smart grids, including through:
- exploitation of wind and hydro energy (wind power plants, wind farms, small hydropower plants);
- exploitation of solar energy by converting it into electricity and heat (photovoltaic parks);
- development of the energy potential of biomass, i.e. biofuel production from cereals and technical oil crops;
- exploitation of geothermal energy (shallow geothermal systems and heat pumps).
- Eco Car loan
With the aim of protecting and reducing environmental pollution, the Bank launched in October 2024 the Eco Car loan product, aimed at individuals for the purchase of electric, hybrid and plug-in hybrid cars (eco category), for a 5-year term, with a more favorable interest rate than those not included in the eco category.
ESG achievements
Activitatea ESG a Moldindconbank evaluată și apreciată de German Sparkassenstiftung Moldova
13.02.2025
Moldindconbank joins the Christmas campaign organized by CONCORDIA. 400 children receive presents
20.12.2024
Moldindconbank successfully completed the financial education program for older students of the University for Seniors
21.11.2024
Nine women subjected to domestic violence have a chance for a better life thanks to Moldindconbank
07.11.2024
Moldindconbank lansează un curs financiar pentru seniori la Universitatea Vârstei a Treia
01.11.2024
Responsabilitatea socială a Moldindconbank, apreciată de Consiliul Raional Taraclia
30.10.2024
Moldindconbank announces the second edition of the competition for the scholarship program “Banking Scholarship for Financial Innovation”
29.10.2024
Stepic Foundation and Moldindconbank provided valuable support to „In Mother’s Arms” Program
16.10.2024
Moldindconbank va finanța elaborarea proiectului tehnic pentru modernizarea sălilor de sport din 35 de școli model
09.10.2024
Moldindconbank funds the construction of a photovoltaic power station in Boldurești, Nisporeni
25.09.2024
Moldindconbank and German Sparkassenstiftung Moldova to collaborate on a project to improve financial access in rural areas
10.09.2024
Moldindconbank has selected the high school they will modernize within the National Program “Moldova for Education”
23.08.2024
Moldindconbank, along with Vladimir Bidiuc participating in the Hospice Bike Tour 2024
26.06.2024
Choose water filters instead of plastic – Moldindconbank’s campaign to make water consumption more responsible
21.06.2024
Moldindconbank team plants shrubs and flowers in Valea Morilor park, at the “Jurnal TVerde” campaign
22.04.2024
More women will benefit from support thanks to the Pudra Card charity mini football tournament from Moldindconbank
12.04.2024
Other achievements
During 2024, the Bank renovated the bank’s vehicle fleet by purchasing electrically powered cars and installing electric power stations.
With regard to indirect emissions, the Bank has reduced the number of car and air trips of employees and members of the governing bodies, thus the majority of meetings are organized online. The rationality and frequency of the use of cars for regional and inter-branch trips was also reviewed.
In order to improve internal environmental performance, the Bank has implemented an environmental management system focused on compliance with environmental regulations, pollution prevention and reduction of greenhouse gas emissions. One of the cornerstones of the Bank’s management system is the Exclusion List, which identifies activities that are considered illegal or have a negative impact on the community and the environment. The Bank thus ensures that it will not finance, directly or indirectly through financial intermediaries, projects associated with the activities on this list.
Moldidnconbank promotes sustainability by adopting responsible attitudes towards the environment. In July, the bank joined the Plastic-Free July campaign launched by AO E-Circular, under the slogan “Turn Off the Tap – Stop Plastic Pollution”, which encouraged the use of sustainable practices and the adoption of a more responsible attitude towards the environment.
Moldindconbank’s ESG partnerships:
