APS Bank adopts Sustainability Risk Policy

APS Bank has a long-standing commitment towards sustainability and recently adopted a Sustainability Risk Policy, which builds on the Bank’s values and Business Plan.

The Bank and its subsidiaries aim to have a prominent position as a sustainable Group, that takes responsibility for its actions and engagements, as a member of society with its own impact on the planet and on people, but also as a provider of financial services with an indirect impact through the activities of its clients and investments.

This prominent position is to be achieved by fully incorporating sustainability into the Bank’s culture and investment decisions, and by reinforcing the bank’s sustainability risk management.

The Sustainability Risk Policy defines the framework for managing sustainability risks (Environmental, Social and Governance risks) which is integrated in investment decisions and advice on financial products provided by APS Bank. Sustainability risk management is aligned with the Bank’s risk appetite and supports the mission to bring sustainable investment solutions to its clients.

Giovanni Bartolotta, APS Bank CRO stated that, “We recognise the importance of acting in adherence with the UN Sustainable Development Goals (SDGs), the Paris climate agreement, and the Principles for Responsible Investments (PRI). This policy will ensure that the services we offer to our customers, both as a financial market participant and financial advisor, do not result in having a damaging impact on society or the environment.”