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ProCreditGermany

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Last update: 2024-10-10 00:00:00
ProCredit's head office in Frankfurt am Main, Germany. Photo: Marianela2013 via Wikimedia (CC BY SA 3.0)

Active

This profile is actively maintained
Last update: 2024-10-10 00:00:00
About
Website https://www.procredit-holding.com
Headquarters
Rohmerplatz 33-37
60486 Frankfurt am Main
Germany
CEO/chair Hubert Spechtenhauser
Chairman of the Management Board
Supervisors
Deutsche Bundesbank & Federal Financial Supervisory Authority (BaFin)
Ownership
listed on Frankfurt Stock Exchange

ProCredit Holding's main shareholders are: Zeitinger Invest GmbH (18.3%), KfW (13.2%) and the Dutch DOEN Participaties (12.5%). ProCredit Holding's complete shareholder structure can be accessed here.

The ProCredit group was founded in 1998 and is made up of development-oriented commercial banks operating in South Eastern and Eastern Europe and South America, as well as a bank in Germany. Based in Frankfurt, Germany, the parent company of the group is ProCredit Holding. The ProCredit group banks mainly service small and medium-sized businesses. ProCredit considers itself a socially responsible bank.

Sustainability
Commitments
Policies
Voluntary standards

ProCredit's most important sustainability commitments can be found at the website sections listed below.

Links

Business ethics and environmental standards

Sustainability

ESG Guidelines

ProCredit Bank Germany

ProcCredit Bank has the following publicly available investment policies: 

Climate action strategy

Bank policy
2024-08-14 00:00:00 | ProCredit

Statement on human rights

Bank policy
2023-03-31 00:00:00 | ProCredit

Exclusion criteria

(as of Febr. 9 2023)
Bank policy
2023-02-09 00:00:00 | ProCredit Bank Germany

Code of conduct

(including Exclusion list as of Dec 2021; p. 30)
Bank policy
2022-10-31 00:00:00 | ProCredit

Managing the environmental and social risk of lending

Bank policy
2022-03-31 00:00:00 | ProCredit

Group environmental management policy

Bank policy
2021-08-16 00:00:00 | ProCredit

Plastic strategy

Bank policy
2019-12-31 00:00:00 | ProCredit
ProCredit has committed itself to the following voluntary standards:
Net-Zero Banking Alliance (NZBA)Tags: climate change | corporate social responsibility | energy | energy plants
Paris Pledge for ActionTags: climate change
Partnership for Carbon Accounting Financials (PCAF)Tags: carbon | corporate social responsibility
Science Based TargetsTags: climate change | corporate social responsibility
UNEP Finance InitiativeTags: United Nations | sustainable development
UNEP-FI Finance Leadership Group on PlasticsTags: United Nations
United Nations Global CompactTags: United Nations | human rights
News
Resources
Documents
Accountability
Grievances

According to its March 2023 Human rights statement ProCredit operates a grievance mechanism. Complaints can be filed at PCH.whistleblowing@procredit-group.com.

This page evaluates ProCredit's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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