Finances sustainable and socially responsible ecological projects.
UmweltBank AG, founded in 1997 and headquartered in Nuremberg, Germany, is a pioneering financial institution focused on sustainable development and environmental protection. It exclusively finances ecological and socially responsible projects, utilizing customer deposits to support initiatives that align with the United Nations' Sustainable Development Goals (SDGs). The bank's primary focus areas include renewable energies—such as solar and wind power—alongside ecological and social housing projects. In 2022 alone, UmweltBank financed approximately 400 projects, amounting to over €600 million. Typical financing amounts vary depending on the project, but the bank's loan portfolio reached about €3.7 billion, with significant contributions to residential real estate and renewable energy ventures. UmweltBank evaluates projects based on a comprehensive set of ecological and social criteria, ensuring that all financed projects contribute positively to sustainable development. Recent notable projects include the "Villa Viva" hotel in Hamburg and the "City quartier Güterbahnhof" housing project in Tübingen, aimed at providing affordable housing. Overall, UmweltBank supports around 25,000 projects across Germany, emphasizing its commitment to achieving a sustainable future while maintaining financial profitability. The bank's transparent approach and unique environmental guarantee help ensure that every euro invested directly supports ecological initiatives.