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Created before Nov 2016
Last update: 2022-03-01 00:00:00
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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 and operates globally. It specialises in brokerage and dealer services in foreign markets.
19 Vavilova St
Herman Gref |
Annual report 2020|
Sustainability Report 2019
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.
Sberbank Europe AG – Switzerland
|Complaints and grievances||
Sberbank does not operate a complaints channel for individuals and communities that may be adversely affected by its finance.
Related Dodgy Deals
Dodgy Deals map
Banks and Climate
Bank net zero commitments
Goal 2025/2030: None
Goal 2050: None
This table tracks the net zero pledges and commitments of banks. It shows whether banks have committed to net zero by 2050 and have set an interim emissions reduction goal for 2025 and/or 2030. It also notes banks that have not yet set targets but have pledged to do so in the future, including by joining the Collective Commitment to Climate Action or Net Zero Banking Alliance. Finally, it notes whether banks have (pledged to) set Science-Based Targets. More information and references can be found by expanding the 'details' section of each bank.
- A blue check mark means the bank has set a target or joined the alliance. A check mark does not mean that the target set by the bank meets any particular standard, just that is has set a target. In case we have identified short comings in the target, for example when it only applies to lending and not underwriting), this is noted in the 'details' section.
- An orange dash means a bank has pledged to set a target (for example, banks commit to set 2030 and 2050 targets when they join the NZBA), but have not yet actually done so.
CCCA = Collective Commitment to Climate Action
NZBA = Net Zero Banking Alliance
SBT = Science-Based Targets
Banks and Human Rights
Human Rights Benchmark November 2019
Sberbank's human rights policies, processes and reporting were assessed as part of the BankTrack Human Rights Benchmark in November 2019. The bank is assessed as a Laggard, with a total score of 1 out of 14.
Due dilligence: 0/5
Russia's Arctic LNG 2 agrees loans worth 9.5 billion euros
Fossil Banks No Thanks demands banks commit to end fossil fuel finance before Glasgow Climate Summit
Commerzbank, Citi and Bank of America among banks issuing new deal for Russian coal giant SUEK just two months before COP26
Banking on Climate Chaos 2021: World’s 60 largest banks have poured USD 3.8 trillion into fossil fuels since Paris Agreement
New China-backed coal plants on EU’s borders could saddle states with massive carbon costs
European banks must not support a “new Šoštanj 6” in Bosnia-Herzegovina, warn NGOs
4 out of 5 banks failing on human rights, new BankTrack Human Rights Benchmark shows
Money flows, rivers dry
Drill, baby, drill
Responsible finance and ESG risk management
Voluntary standardsSberbank has committed itself to the following voluntary standards:
Sberbank's corporate social responsibility webpages can be accessed here.