OTP Group is aiming to be the regional leader in financing a fair and gradual transition to a low-carbon economy and building a sustainable future through responsible solutions. That is why the credit institution became a platinum sponsor of this year's leading sustainability conference in the Western Balkan region, the Western Balkans ESG Summit, which will be held on April 26-28 in Porto Montenegro. As pioneers in responsible banking and strong advocates for sustainable finance, OTP Group is committed to the dialogue on the introduction of ESG standards.

"ESG matters because it provides a comprehensive framework for measuring a company's sustainability and ethical practices. It goes beyond traditional financial metrics and considers a company's impact on the environment, society, and governance. Investors, customers, and other stakeholders increasingly prioritize ESG performance when making decisions about where to invest, buy products, or do business", shared Gergely Pókos, Executive Director of OTP Bank Hungary’s Green Program Directorate.

He also added that the credit institution’s commitment to environmental, social and governance (ESG) standards is also reflected in their ESG ratings: low risk by Sustainalytics and "A" by MSCI. In addition, the OTP Group participates in CDP's environmental protection information system and recently joined the Principles of Responsible Banking.

"We lead by example. By focusing on ESG, companies can reduce risks, improve their reputation, and create long-term value for their stakeholders. Moreover, ESG considerations are crucial to achieving global sustainability goals, including the United Nations' Sustainable Development Goals and the Paris Climate Agreement. As such, incorporating ESG into a company's strategy is not only a responsible practice, but it is also an essential aspect of ensuring long-term business success. As a member of OTP Group, at CKB we are trying to continuously promote and implement mentioned values in Montenegro", concludes Tamás Kamarási, Chairperson of Management Board of CKB Bank.

"We are proud to have OTP Group as our platinum sponsor. Join us at the Western Balkans ESG Summit to learn more about sustainable finance practices and who is leading the way in promoting responsible banking in the region", shared Biljana Braithwaite, CEO of "Sustineri Partners", one of co-organizers of the Summit together with Porto Montenegro, Government of Montenegro and Bloomberg Adria Network.