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Hellenic Bank Awarded Dual Environmental Certifications for Sustainability Efforts

Hellenic Bank has received dual environmental certifications this year, affirming its ongoing commitment to environmental protection and energy management.

The bank successfully completed the certification process for its Environmental Management System in line with the international ISO 14001 standard, as well as its Energy Management System under the ISO 50001 standard.

“With these two distinctions, Hellenic Bank has become the largest bank in Cyprus to achieve ISO 14001 certification, and remains the only bank in the country certified under ISO 50001 for all of its operations and activities across its buildings nationwide,” the bank said.

“These international standards, issued by the International Organisation for Standardisation, are recognised tools for effectively managing environmental impacts and for the continuous improvement of an organisation’s environmental performance.”

The announcement also mentioned that Hellenic Bank has held ISO 50001 certification since 2015, becoming the first organisation in Cyprus to receive it from the Cyprus Certification Company.

The Energy Management System provides a structured approach for the continuous improvement of energy performance, usage, and consumption.

The goal of this management approach is to reduce total greenhouse gas emissions by 45 per cent by the year 2030.

MOREOVER, the bank mentioned that the ISO 14001 certification “reinforces Hellenic Bank’s longstanding commitment to environmental protection, reducing its environmental footprint, and complying with relevant laws, regulations, and high environmental standards”.

“Hellenic Bank’s environmental strategy forms a central pillar of its corporate responsibility and is an integral part of its broader business strategy,” it added.

The dual certification now serves as a guide for adopting a holistic approach to managing environmental issues,” the announcement concluded.

EU Invests €79 Billion In Environmental Protection As Companies Lead Spending

European Union member states invested €79 billion in environmental protection assets in 2025, according to Eurostat, reflecting continued spending on infrastructure aimed at reducing environmental impacts and managing natural resources.

The investment represented 0.4% of the EU’s gross domestic product and 1.9% of total investment across the economy.

Wastewater Treatment Receives The Largest Share

Wastewater treatment attracted the largest share of environmental protection investment, accounting for 37.7% of total spending. Waste management followed with 27.3%, while air and climate protection projects represented 11.2%.

Companies Lead Environmental Investment

Businesses accounted for €49.6 billion, or 62.7%, of total environmental protection investment. Spending focused on specialised technologies and equipment designed to reduce the environmental impact of production processes.

These investments included equipment to reduce air emissions, the construction and maintenance of wastewater treatment facilities, vehicles used for waste transport, and waste collection plants. Companies also invested in land for natural reserves and biodiversity protection.

Public Sector Provides The Remaining Investment

General government and non-profit institutions accounted for the remaining 37.3% of environmental protection investment.

Eurostat’s figures show that wastewater treatment, waste management and air and climate protection accounted for the largest share of environmental protection investment across the European Union in 2025.

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