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SberbankRussian Federation

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This profile is actively maintained
Last update: 2024-02-05 00:00:00
Sberbank's head offices in Moscow. Photo: Roman Balabin via Wikimedia Commons (CC BY SA 3.0)

Active

This profile is actively maintained
Last update: 2024-02-05 00:00:00
Bank info
BankTrack campaigns
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About
Website http://www.sbrf.ru/en/
Headquarters
19 Vavilova St
117997 Moscow
Russian Federation
CEO/chair Herman Gref
CEO
Supervisor
Bank of Russia
Ownership
listed on Moscow Interbank Currency Exchange & Russian Trading System

The Russian Ministry of Finance is the principal shareholder of Sberbank, holding 52.3% of the share capital. Sberbank's complete shareholder structure can be accessed here.
Subsidiaries
Sberbank Europe AG – Switzerland

Sberbank is the largest bank in Russia and the former Soviet Republics. Sberbank is the biggest taker of deposits in the country and the key lender to the national economy. Its investment portfolio contains significant lending to oil, natural gas and mining projects. The bank has a large international presence, for instance in Central and Eastern Europe and has offices in Germany, China and India. The Group's corporate and investment banking business (Sberbank CIB) has offices in New York, London and Nicosia specialising in brokerage and dealer services in foreign markets.

Sustainability
Commitments
Policies
Voluntary standards

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

Links

Sustainability

Environmental, Social, Governance and Sustainability Policy

Bank policy
2021-07-26 00:00:00 | Sberbank

Responsible finance and ESG risk management

Date listed represents date as accessed on website
Bank policy
2021-03-02 00:00:00 | Sberbank

Anti-corruption policy

Bank policy
2018-12-31 00:00:00 | Sberbank
Sberbank has committed itself to the following voluntary standards:
Carbon Disclosure ProjectTags: carbon | climate change | greenhouse gas emissions
Global Reporting Initiative- G3 Reporting FrameworkTags: transparency
Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards
United Nations Global CompactTags: United Nations | human rights
Dodgy Deals

Sberbank is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Sberbank's link to these deals.

Projects / Companies
Finance type
Year
News
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

Most of Europe’s largest 50 banks have rejected EACOP oil pipeline

• Over 40 banks globally have ruled out finance for the controversial Uganda-Tanzania pipeline, including 28 European banks.
• Largest European banks not to have ruled out EACOP finance are UBS, Lloyds, Caixa Bank, Danske Bank, Sberbank and Commerzbank.
2024-11-21 | BankTrack, #StopEACOP
Blog
BankTrack news BankTrack blog Partner news Partner blog

New human rights assessment of banks shows slow progress and lack of action to address key gaps on reporting and remedy

BankTrack’s 2022 Global Human Rights Benchmark finds reporting at a standstill, remedy still lacking and no clear leaders
2022-11-17 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

NGOs reveal top international companies, banks, and investors that fuel Russia's war machine

2022-04-04 | Berlin | urgewald, Ecodefense
BankTrack news BankTrack blog Partner news Partner blog

Russia's Arctic LNG 2 agrees loans worth 9.5 billion euros

Russian gas producer Novatek said its Arctic LNG 2 plant has signed loan agreements with foreign and Russian banks worth 9.5 billion euros ($10.8 billion), securing necessary external financing for the project.
2021-11-30 | Moscow | Reuters
Blog
BankTrack news BankTrack blog Partner news Partner blog

Fossil Banks No Thanks demands banks commit to end fossil fuel finance before Glasgow Climate Summit

210+ groups support urgent call to action
2021-09-23 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Commerzbank, Citi and Bank of America among banks issuing new deal for Russian coal giant SUEK just two months before COP26

Russia's largest coal producer SUEK plans to expand its coal mining and has mandated nine banks for a bond issuance
2021-09-09 | BankTrack, urgewald
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banking on Climate Chaos 2021: World’s 60 largest banks have poured USD 3.8 trillion into fossil fuels since Paris Agreement

Even amidst the global economic downturn, fossil fuel financing numbers were higher in 2020 than 2016
2021-03-24 | Nijmegen | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

New China-backed coal plants on EU’s borders could saddle states with massive carbon costs

2020-01-14 | Unearthed
BankTrack news BankTrack blog Partner news Partner blog

European banks must not support a “new Šoštanj 6” in Bosnia-Herzegovina, warn NGOs

2019-12-02 | Bankwatch
Blog
BankTrack news BankTrack blog Partner news Partner blog

4 out of 5 banks failing on human rights, new BankTrack Human Rights Benchmark shows

Lloyds, Bank of America, Goldman Sachs and Société Générale among the poorest performers in BankTrack ranking, alongside Canadian and Chinese banks
2019-11-26 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

BankTrack 2019 Human Rights Benchmark: criteria and scope announced

2019-06-25 | Nijmegen | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Money flows, rivers dry

Erste, Sberbank and the EBRD have been fueling the destruction of 27 km of rivers in the region of Josanicka banja, on the borders of the Kopaonik National Park in Serbia. It is a stark warning how the future of the Balkans might look if uncontrolled investment continues.
2018-03-22 | CEE Bankwatch Network
Resources
Documents
Links

Annual report 2023

Annual report
2024-05-07 00:00:00 | Sberbank

Annual report 2022

Annual report
2023-06-13 00:00:00 | Sberbank

BankTrack Global Human Rights Benchmark 2022

BankTrack publication
2022-11-17 00:00:00 | BankTrack

Drill, baby, drill

How banks, investors and insurers are driving oil and gas expansion in the Arctic
NGO document
2021-09-23 00:00:00 | Reclaim Finance

Environmental, Social, Governance and Sustainability Policy

Bank policy
2021-07-26 00:00:00 | Sberbank

Annual report 2020

Annual report
2021-04-08 00:00:00 | Sberbank

Responsible finance and ESG risk management

Date listed represents date as accessed on website
Bank policy
2021-03-02 00:00:00 | Sberbank

Annual integrated report 2019

Annual report
2020-06-30 00:00:00 | Sberbank

Sustainability Report 2019

Annual report
2020-05-18 00:00:00 | Sberbank Europe

Annual Report 2018

Annual report
2019-05-24 00:00:00 | Sberbank

Anti-corruption policy

Bank policy
2018-12-31 00:00:00 | Sberbank

Sberbank Europe CSR report 2017

Annual report
2018-03-31 00:00:00 | Sberbank Europe

Development strategy 2014-2018

Other bank document
2015-04-07 00:00:00 | Sberbank

Annual Report 2012

Annual report
2013-05-08 00:00:00 | Sberbank

Worldwide investments in Cluster munitions, a shared responsibility

NGO document
2012-06-20 00:00:00 | IKV Pax Christi & FairFin

Worldwide Investments in Cluster Munitions - June 2012 update

A shared responsibility
NGO document
2012-06-10 00:00:00 | FairFin and IKV Pax Christi

Annual Report 2011

Annual report
2012-05-01 00:00:00 | Sberbank

Sberbank Cluster Munitions Investments

Other document
2011-05-25 00:00:00 | Netwerk Vlaanderen & IKV Pax Christi
Accountability
Grievances

Sberbank does not operate a complaints channel for individuals and communities that may be adversely affected by its finance.

This page evaluates Sberbank'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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Banks and Climate

Banks and Climate

Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of Sberbank’s fossil fuel policy below.

Assessment of Sberbank's policies in the Oil & Gas Policy Tracker

Assessment of Sberbank's coal policy in the Coal Policy Tool