Transition Plan for NetZero by 2050

TOPIC:

Initiative

Transition Plan for NetZero by 2050

SUBMITTED FROM:

NATIONAL BANK OF GREECE

Founded in 1841, the National Bank of Greece was the first bank of the modern Greek state. Since then, it has contributed decisively to the country's economic activity with a dynamic contribution to the support of the economy and its developmental and social transformation.
It continuously offers a wide range of financial products and services that meet the ever-changing needs of businesses and individuals.
Focusing on Greece and long-term presence abroad, it always operates with transparency, reliability and, above all, with anthropocentricity.
This is the National Bank. The bank today.

Objective Action

Net Zero emissions by 2050

Target Audience

Duration

By 2050

Description

In line with NetZero by 2050 goal, the Bank published its Transition Plan in June 2025 and continue to support the steering of six priority sectors/portfolios – Power Generation, Oil & Gas, Aluminium, Cement, Commercial Real Estate (CRE) and Residential Real Estate (RRE) - towards decarbonization, following 2030 interim targets and planned trajectories to 2050. These targets guide its financing decisions and shape how the Bank supports its customers in their own transition, ensuring the Bank remains on track towards both interim and long term decarbonization goals.

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