Each year, the 'Effect 2030 - Community Investment' award is given to corporate responsibility and sustainability programs that make a demonstrable positive difference to society and the environment. This year, one of the winners is UniCredit Bank Hungary.
The Effect 2030 Community Investment Award is an annual recognition of exemplary, innovative and effective environmental and social investment programs by domestic companies. The award was open for nominations in categories developed in line with the UN Sustainable Development Goals (SDGs).
This year, UniCredit Bank won the ‘Business Creating Opportunity’ category of the Effect 2030 Award for its entry ‘Social Impact Banking for a Fairer and More Just Society’. Under the program, the financial institution, in line with its commitment to a fairer and more just society, finances businesses and organizations that create measurable value for society, a statement by the bank says.
"This award is recognition of our sustainability and business efforts. Our Bank's everyday life is guided by a forward-looking approach, and Social Impact Banking is a key part of this. As this is a new area of banking, it is important to make it as widely known as possible – and this professional award further reinforces this. As a commercial bank, we have a significant role to play in lending to social enterprises and in developing their financial awareness, two areas we would like to develop further in the future, based on needs and opportunities. Many thanks to my colleagues for their work, ideas and dedication," Róbert Bolyán, Head of Social Impact Banking at UniCredit Bank said.
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