Environmental Protection

As a socially responsible organisation with advanced corporate culture, Vozrozhdenie Bank is committed to minimising any risks of causing a negative impact on the environment. Even though banking is a kind of business that does not pose a serious threat to the ecological situation in the regions where the bank operates, we at Vozrozhdenie Bank are well aware of the indirect effects that our activities may have on the environment via cooperation with our partners and counterparties. The bank has an ecological and social management system that defines a number of procedures for control over the provision of funding to projects that may have negative environmental and social impacts. Every loan we give to industrial projects undergoes an environmental review process, and we agree to provide the facilities only after we get a favourable opinion. The bank monitors the implementation of projects associated with an increased level of ecological risks on a regular basis in order to ensure that they meet the environment protection and social requirements. The bank does not provide loan facilities to industries and borrowers whose activities may cause substantial damage to the environment.

The bank puts a lot of effort into implementing the best environmental protection practices in its own operations. The bank takes measures to reduce resource consumption, and conducts an energy consumption audit every five years. The findings and recommendations from the last energy consumption audit conducted in 2012 and 2013 are being put into practice as part of the bank’s energy saving and energy efficiency improvement program.

The bank is gradually reducing its energy consumption, planning to achieve a 10% decrease in the next five years. As part of a programme aimed at replacing the current light sources with more energy-efficient ones, the bank installed about 1,100 LED lamps in 2014. In the reporting period the bank held energy audit of the new facilities in the Moscow Region.

DYNAMICS OF ELECTRICITY CONSUMPTION

DYNAMICS OF HEAT CONSUMPTION

 

Year Electricity Consumption, MWh Cost of Electricity Consumed,
RUB thousand
2012 5,500 20,223
2013 5,585 25,024
2014 5,333 22,261

 

Year Heat Consumption, Gcal Cost of Heat Consumed, RUB
2012 917.1 1,231,337
2013 892.3 1,276,987
2014 889.7 1,376,536

Traditionally, when the cold-weather season approaches, the bank takes measures to reduce heat losses in its buildings. In 2014, the bank managed to further reduce heat consumption and preserve the level of water consumption.

DYNAMICS OF WATER CONSUMPTION

 

Year Water Consumption, cubic m Cost of Water Consumed, RUB
2011 9,788 514,559
2012 9,576 503,448
2013 10,075 534,161
2014 10,001 528,635

The bank has been working on increasing its paper use efficiency. A total of 2.5 tons of paper were sent for recycling in the reporting period. Used paper products from the Head Office and archive buildings are planned to be collected for recycling in 2015.

The bank is committed to using only the most environmentally friendly cars and reducing its fuel consumption. In 2014, the bank’s fleet of cars was reduced by 6.5% compared with the previous year, totalling 170 cars, 1 trailer, and 1 loader at the end of the reporting period. As of the year-end, about 90% of the fleet complied to Euro 4 or Euro 5 standards in terms of emissions against almost 84% in 2013. Fuel consumption dropped by 5.7% in 2014, which was achieved through the introduction of instruments for fuel consumption and mileage control. The bank is planning to continue its car fleet upgrade, environmental progress and fuel consumption optimisation efforts.

DYNAMICS OF FUEL CONSUMPTION BY THE BANK’S CARS
litres

 

Year Petrol, litres Diesel Fuel, litres Total, litres Cost of Fuel Consumed, RUB thousand
2012 177,382.11 13,787.30 191,169.41 9,852.8
2013 194,439.82 13,992.25 208,432.07 9,429.0
2014 183,091.28 13,555.24 196,646.52 9,279.3

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