X

Home ESG

Democratising Financial Services

Our approach to ESG is guided by our mission to democratise financial services through digitalisation. We aspire to make banking and finance accessible to everyone and thereby facilitate growth of local economies. We believe we can achieve this through our three business units dedicated to addressing the unique needs of a broad range of customers.

Our ESG priorities

Managing our impacts on society and the environment is undoubtedly integral to long-term business sustainability. Therefore, we developed our ESG priorities for 2025 to guide our actions towards meeting the expectations and needs of our stakeholders

ESG-goals

Environment


As a fully digital financial service provider, we recognise our role in supporting the global transition to a low-carbon economy. We, therefore, continuously improve our management of environmental impacts, risks and opportunities to support long-term value generation.


Measuring our financed environmental footprint


Since 2023, Multitude has been a proud signatory member of the Partnership for Carbon Accounting Financials (PCAF), an industry-led partnership comprising over 600 financial institutions committed to transparency and accountability in line with the Paris Climate Agreement. PCAF’s standardized methodology enables financial institutions to measure and disclose financed emissions in a consistent and comparable manner. By aligning with PCAF, Multitude ensures that its practices are in line with leading industry standards and strengthens its ability to understand and manage its climate impact. By joining PCAF, Multitude upholds its commitment to supporting the global transition to a low-carbon economy.

Case study: Multitude and HeavyFinance supporting sustainable agriculture


Multitude Bank partnered with climate technology company HeavyFinance in December 2024 to support small and medium-sized agricultural businesses in their transition to sustainable practices.


Our people


Our employees are central to our ability to generate long-term value for our stakeholders, and we are committed to creating an inspiring and open environment where everyone feels values and can thrive within the organisation. We offer a workplace that promotes respect and candour so that our people feel heard and valued regardless of their background


Serving our customers


Our customer centricity value reflects our promise to serve our customers in the best way possible. Responsible lending is at the core of this promise. We apply responsible lending principles across the entire organisation to place customers' interest at the centre of daily decision-making. 

In 2022, Multitude launched its Responsible Lending Index to ensure that we fulfil our promise. The index comprises three indicators:

  • 1.) gender balance score to ensure non-discriminatory lending;
  • 2.) trustworthiness score to ensure transparency and fairness; and
  • 3.) loan performance score to prevent overburdening clients with debt

Governance


It is not possible to achieve our aspirations without effective governance mechanisms. Since 2021, Multitude‘s ESG Steering Committee led by our leadership team guides and monitors the progress of our ESG programmes. Moreover, our principles and approach to ESG are enshrined in Multitude‘s policies.


ESG policies

ESG
Policy

Human Rights Statement

Diversity and Inclusion

Reach out to us

For ESG related inquiries please contact: [email protected]

Culture and values

Our investment case

ESG reports