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MONETA Money Bank : Is the Only Bank in the Czech Republic to Sign Up to the UN Principles for Responsible Banking

10/14/2021 | 09:22am

MONETA Is the Only Bank in the Czech Republic to Sign Up to the UN Principles for Responsible Banking

Prague, 13 October 2021

MONETA Money Bank has become an official signatory of the UN Principles for Responsible Banking. This unique framework for sustainable banking is a partnership between responsible banks around the world and the United Nations Environment Program Finance Initiative (UNEP FI). Its role is to bring together banks to shape the future of banking, which is aligned with the Paris Agreement on climate change and the UN Sustainable Development Goals. The Bank is acting in line with the preparation of its comprehensive ESG strategy, which it will present this November.

"At MONETA Money Bank, we have extensive experience in implementing social and environmental sustainability principles and have achieved several significant milestones in our efforts to create sustainable value for our clients, shareholders and society as a whole. I am very pleased that we are the first bank in the Czech Republic to commit to the UNEP FI principles for responsible banking at a time when such activities are urgently needed," said Tomáš Spurný, Chairman of the Management Board of MONETA Money Bank.

MONETA has thus joined the world's largest global banking community focused on sustainable finance, sharing best practices and collaborating on pioneering tools that benefit the entire industry. "We want to show that well-designedbanking products and services, as well as relationships with clients, shareholders and the public, can accelerate the changes that are necessary in the context of today's environmental challenges for current and future generations," said Zuzana Filipova, MONETA Group's Director of Sustainability and Communication, adding that the bank will present its comprehensive ESG strategy with concrete practices in November.

The UN Principles for Responsible Banking are an important framework to ensure that banks' strategies and practices are in line with the UN Sustainable Development Goals and the Paris Climate Agreement. Banks that have signed the Principles commit to being ambitious in their efforts to make sustainability one of the cornerstones of their business. Signatory banks measure and regularly report on the environmental and social impacts of their business activities according to the principles. Already this spring, MONETA became a signatory to the United Nations Global Compact, another UN initiative. It brings together some 12,000 companies from more than 145 countries, making it the world's largest voluntary corporate platform.

MONETA has had a sustainability policy in place since it went public in 2016. So far, it has managed to reduce its own carbon footprint by more than 58%, and its corporate fleet consists of 68 electric vehicles, making it the second largest electrified fleet in the country. It purchases only green electricity for all its branches and both its headquarters. It is also active in the field of so-called social responsibility: it has one of

For more information, please contact:

Zuzana Filipová, mob.: +420 702 246 545, zuzana.filipova@moneta.cz

Beaufort PR

Jan Cihlář, +420 602 324, jan.cihlar@beaufortcz.cz or Media Service media@moneta.cz and www.moneta.cz

MONETA Money Bank, a.s., which is the controlling person of MONETA holding, is a leading independent Czech bank, servicing clients through its nationwide branch network. The bank has been traded on the Prime Market of Prague Stock Exchange since 2016. The bank has focused on retail and SME oriented business model with a strong position in the consumer and agriculture segments. In addition, the bank provides customers with insurance products and investment funds. MONETA serves more than 13% of the Czech population via an omni-channel distribution strategy which includes 154 branches and 555 ATMs, a market-leading digital banking platform, a call centre, auto dealers, building society and mortgage bank, brokers and leasing partners.

the lowest gender pay gap ratios in the country, contributes to employees' families for babysitters and kindergartens, and during the pandemic it paid parents/single parents the difference between care benefits and their salaries. In March this year, the bank also levelled the labor-law conditions of its LGBT employees by granting them the right to paid leave when they enter into a registered partnership, in the same way as domestic legislation grants heterosexuals. Women then make up 30% of the bank's top management. In May, MONETA set up the Clementia Foundation for cases where clients are unable to repay their debts to the bank due to a life crisis, through which debts worth CZK 2,642,709 have been remitted so far.

For more information, please contact:

Zuzana Filipová, mob.: +420 702 246 545, zuzana.filipova@moneta.cz

Beaufort PR

Jan Cihlář, +420 602 324, jan.cihlar@beaufortcz.cz or Media Service media@moneta.cz and www.moneta.cz

MONETA Money Bank, a.s., which is the controlling person of MONETA holding, is a leading independent Czech bank, servicing clients through its nationwide branch network. The bank has been traded on the Prime Market of Prague Stock Exchange since 2016. The bank has focused on retail and SME oriented business model with a strong position in the consumer and agriculture segments. In addition, the bank provides customers with insurance products and investment funds. MONETA serves more than 13% of the Czech population via an omni-channel distribution strategy which includes 154 branches and 555 ATMs, a market-leading digital banking platform, a call centre, auto dealers, building society and mortgage bank, brokers and leasing partners.

Disclaimer

Moneta Money Bank a.s. published this content on 14 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 October 2021 13:21:06 UTC.

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