K&H won two prizes at the CSR Hungary competition

K&H, as the Hungarian subsidiary of the KBC group, prioritizes the topic of sustainability, the physical and transition risks related to climate change – this is an integral part of the bank’s strategy. K&H was the first in Hungary to publish sector-level carbon emission targets, the development of which is continuously measured and regularly published in its annual Sustainability Report. Since 2023, in addition to its green home mortgage loan, green car leasing, discounted compulsory vehicle liability insurance for electric and hybrid cars and the K&H Agrár Széchenyi Investment Credit MAX+ “GREEN” scheme, the bank also helps its customers with data-based, sustainable development decisions with unique calculators. green car leasing and the agricultural CO2 calculator also won awards.

The agricultural calculator has already won the third recognition, after receiving the BCSDH “sustainable future” award this fall, as well as the Green Pledge awards.

“K&H Bank is committed to the fight against climate change, recognizing the importance of sustainability and responsible financial practices. In accordance with the obligations undertaken in the UN Framework Convention, their goal is to transform financed portfolios in accordance with the goals of the Paris Agreement. K&H Bank is already among the leaders. We believe that what we finance as a bank, we are responsible for its related issuance. Part of our sustainability strategy is to offer our customers a partnership in the transition. Through our new K&H green car leasing product, we offer customers the opportunity to participate in the green transition and support the development of sustainable transport”

– said Suba Levente, Head of Sustainability at K&H, in connection with receiving the award.