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ProCreditGermany

Active

This profile is actively maintained
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: 

2024-08-14 00:00:00

Climate action strategy

Bank policy
2024-08-14 00:00:00 | ProCredit
2023-03-31 00:00:00

Statement on human rights

Bank policy
2023-03-31 00:00:00 | ProCredit
2023-02-09 00:00:00

Exclusion criteria

(as of Febr. 9 2023)
Bank policy
2023-02-09 00:00:00 | ProCredit Bank Germany
2022-10-31 00:00:00

Code of conduct

(including Exclusion list as of Dec 2021; p. 30)
Bank policy
2022-10-31 00:00:00 | ProCredit
2022-03-31 00:00:00

Managing the environmental and social risk of lending

Bank policy
2022-03-31 00:00:00 | ProCredit
2021-08-16 00:00:00

Group environmental management policy

Bank policy
2021-08-16 00:00:00 | ProCredit
2019-12-31 00:00:00

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
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

‘Net Zero banks’ turn their back on crucial 1.5ºC climate target

“Overwhelming majority” of Net-Zero Banking Alliance (NZBA) members seeks to loosen obligations on how to reach Paris climate goals.
2025-04-15 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Without tackling plastic finance, we walk on a dead-end road

2025-01-29 | Manon Stravens - Profundo
Blog
BankTrack news BankTrack blog Partner news Partner blog

As the world chokes in plastic, banks continue to finance plastic production

New research reveals a lack of bank policies dealing with the impact of plastics on climate, nature and humans
2024-10-17 | Amsterdam | BankTrack, Plastic Soup Foundation, Profundo
Resources
Documents
2024-10-01 00:00:00

NZBA 2024 Progress Report

Other document
2024-10-01 00:00:00 | NZBA
2024-08-14 00:00:00

Climate action strategy

Bank policy
2024-08-14 00:00:00 | ProCredit
2024-06-11 00:00:00

CSR report 2023

Annual report
2024-06-11 00:00:00 | ProCredit
2024-05-14 00:00:00

Annual report 2023

Annual report
2024-05-14 00:00:00 | ProCredit
2023-03-31 00:00:00

Statement on human rights

Bank policy
2023-03-31 00:00:00 | ProCredit
2023-02-09 00:00:00

Exclusion criteria

(as of Febr. 9 2023)
Bank policy
2023-02-09 00:00:00 | ProCredit Bank Germany
2022-10-31 00:00:00

Code of conduct

(including Exclusion list as of Dec 2021; p. 30)
Bank policy
2022-10-31 00:00:00 | ProCredit
2022-03-31 00:00:00

Managing the environmental and social risk of lending

Bank policy
2022-03-31 00:00:00 | ProCredit
2021-08-16 00:00:00

Group environmental management policy

Bank policy
2021-08-16 00:00:00 | ProCredit
2019-12-31 00:00:00

Plastic strategy

Bank policy
2019-12-31 00:00:00 | ProCredit
2015-11-11 00:00:00

Letter from ProCredit Bank to BankTrack on signing the Paris Pledge

Correspondence
2015-11-11 00:00:00 | ProCredit Bank
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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