K&H: K&H Group won the IFUA Horváth Green Wheel Award

K&H’s sustainability strategy, written in 2024, focuses on combating climate change. The company aims to reduce the carbon emissions of its portfolio in line with the goals of the Paris Agreement, while also actively supporting the green transition of its customers. The emission reduction targets have been defined by sector and their achievement is monitored in annually published reports.

The strategy is based on six main pillars: target-driven emission reduction, data-driven operations, risk management, green product and service development, governance structure and education of employees, clients and partners. The achievement of sustainability objectives can also directly affect the bonus system of managers, ensuring the organizational embedding of the strategy implementation.

Among the green products, the K&H green home loan, the energy efficiency calculator and the 27 types of responsible investment funds are given a prominent role. In the corporate segment, green loans, sustainable leasing solutions and a unique GHG calculator help with ESG readiness. By the end of 2024, the bank’s green-rated loan portfolio exceeded 460 billion forints, and the assets managed in responsible investments approached one thousand billion.

“The Green Wheel Award is a serious recognition for us and confirmation that we are on the right track. Our sustainability strategy is not only a response to global challenges, but also an opportunity to build a more sustainable future together with our customers”

– emphasized K&H’s Head of Sustainability, Levente Suba.

K&H aims to further expand its green portfolio in the coming years, also focusing on biodiversity and water protection. By integrating sustainability into all business decisions, the company intends to actively contribute to Hungary’s green economic transition