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Science Based Targets initiative has validated ProCredit Holding AGs near-term emission reduction targets

Science Based Targets initiative has validated ProCredit Holding AGs near-term emission reduction targets

11.03.2024

ProCredit Holding will continue to implement its sustainability strategy and take action to achieve its net-zero commitment by setting its first SBTi-validated near-term science-based targets. The group, which operates mainly in South Eastern and Eastern Europe, will continue to reduce its own footprint and commits to a 42% reduction of its own emissions by 2030 with 2022 as the base year. The reduction will be achieved by increasing the share of renewable energy providers among its suppliers as well as the number of electric cars in its vehicle fleet, while also introducing more energy efficiency measures at its premises and in its processes. ->

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ProCredit Holding AG raises medium-term RoE outlook in light of the updated group business strategy

ProCredit Holding AG raises medium-term RoE outlook in light of the updated group business strategy

14.03.2024

In light of the update of the group’s business strategy, the Management Board of ProCredit Holding AG decided today to raise the medium-term outlook for the group’s return on equity from around 12% to around 13-14%. ->

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