Sustainability
Sustainable thinking and actions
Financing sustainable business
We were the first specialised bank in Lithuania to begin assessing the sustainability of companies through a dedicated questionnaire before granting a loan.
Through the European Investment Fund’s sustainability guarantee, we provide loans to small and medium-sized enterprises, supporting innovation and promoting the transition to a greener future.
Supporting the Ancient Woods Foundation
We are committed to preserving Lithuania’s forests and their biodiversity. By supporting the Ancient Woods Foundation, we help forest areas become true old-growth ecosystems, while also raising public awareness of sustainability. Our contribution allows the Fund to purchase biologically valuable mature forests, protecting them from logging and other harmful human activities.
A strong commitment to sustainability
Since 2021, we have published annual Sustainability Reports. These reports follow a global standard, disclosing our impact on the environment, climate change, human rights and social wellbeing. For any company striving for sustainable development, sustainability reporting is essential — it allows progress to be measured, goals to be set and accountability to be maintained. According to the data provided in the latest report, Mano Bank meets the definition of a sustainable organisation.
Our Sustainability Journey
Supporting the protection of a record 39.2 ha forest
Sengirė Fund acquired a record 39.2 ha forest plot in the Pašekščių Forest, near Pagraužės village in the Molėtai district. This is not only the largest parcel ever purchased, but also the first forest adjacent to lakes to be protected by the Fund. The buyout was made possible thanks to the collective support of the community and like-minded partners, including Mano Bank.
Helping to preserve 6.08 ha of forest in Šilutė District
Our support enabled Sengirė Fund to acquire a 6.08 ha forest plot in Pangiriai, Šilutė District, for conservation. This ensures that the forest will remain untouched by economic activity, safeguarded from logging and allowed to mature into a true old-growth forest.
European Investment Fund guarantee for sustainability loans
In October 2022, we signed an agreement with the European Investment Fund for a loan guarantee under the InvestEU programme. Under this sustainability guarantee, more than €25 million will be made available to finance new loans for small and medium-sized enterprises, supporting Europe’s green transition. Projects that aim to make services, products and infrastructure more accessible to people with disabilities can also apply for these investments
We joined the Lithuanian Responsible Business Association
In January 2021, we became a full member of the Lithuanian Responsible Business Association.
In August 2021, we approved Environmental Protection Strategy, committing to continuously reduce the bank’s direct environmental impact — including the use of fossil fuels, generation of waste and emission of greenhouse gases (GHG)..
Good governance is at the heart of our success
A key part of the bank’s business model is to assess and manage risks. A multi-level internal and external supervision system is used for this purpose. The bank has a Board of Supervisors, which consists of four members, and a three-member Board. Three committees have also been established: the Audit Committee, the Loans Committee and the Business Relations Committee.
