The need to mobilize funds for its strengthening green growth and the support of investment projects was pointed out by the CEO of Piraeus, Christ Megalospeaking at the “Reuters Responsible Business Europe 2024” international conference held in London on June 11 and 12.
Mr. Megalu emphasized the importance of coordinated efforts at the global level to combat climate change, pointing out the role of state policy in this direction.
“To strengthen their supply chains and improve energy security, advanced economies are increasing efforts to expand the production of clean energy technologies. Both the United States and the European Union financially support policies aimed at accelerating the transition to a green economy,” he said.
Mr Megalu referred to the significant commitments made by major companies and governments to reduce carbon emissions, calling it “the greatest innovation opportunity of our time”.
He also emphasized the need for a strategic and investment approach focused on benchmarks and priorities that ensure investments effectively contribute to the zero carbon commitment.
“Integrating climate change policy and strategy into the business model, setting targets and managing risks are essential,” he explained.
Referring to the banks, its CEO Piraeus He said they “play an important and active role in sustainable development” and that “in Piraeus we are at the forefront of collective efforts to combat climate change, committing to a carbon neutral balance by 2050.”
Our vision for the next five years includes increasing sustainable and green financing, demonstrating Piraeus’ commitment to promoting sustainable banking and our contribution to the goals of the Paris Climate Agreement,” emphasized Mr. Megalou.
