Green footprint in wealth management
At Piraeus Bank Private Banking, responsible investments are a strategic choice, in line with our commitment towards sustainability, and aim to create a banking experience of the highest standards, which keeps offering you added value.
On a global level, Piraeus Bank was among the first banks to sign the United Nation Principles for Responsible Banking. True to our strategic commitment, we offer you, our Private Banking clients, products and services tailored to your expectations, which also give you the chance to leave your own green footprint.
In this context, and in partnership with Piraeus Asset Management MFMC, we created the Piraeus Private Banking ESG World Sustainability Balanced Fund, the first Private Label Environmental, Social and Governance (ESG) mutual fund in Greece, actively demonstrating our responsibility towards environmental, social and corporate governance issues.
The Piraeus Private Banking ESG World Sustainability Balanced Fund invests in companies equipped to meet the challenges lying ahead, taking actions that include energy cost cuts, environmental risk management or products and services that contribute towards resolving social and environmental issues. The companies that actively implement sustainability principles tend to have higher credit ratings, lower capital costs, more robust financials and potentially higher capital returns.