ESG Fundamentals Training at Finora Bank

From March 24–27, 2025, the team at Finora Bank participated in a specialized ESG Fundamentals for Financial Institutions training as part of the SIFTA program.

Hosted at the headquarters in Vilnius, Lithuania and at the branch in Tallinn, Estonia, the training focused on effectively integrating Environmental, Social, and Governance (ESG) principles into financial operations.

Key Highlights:

• In-depth workshops on ESG strategy, management, impacts, risks, and opportunities
• Practical exercises, discussions, and hands-on use of the CERISE-SPTF ESG assessment tool

Objectives:

• Gaininig a clear understanding of essential ESG concepts and their strategic impact on financial institutions
• Identifing the key ESG factors and stakeholders
• Exploring the risks and opportunities tied to long-term business success
• Familiarizing with available ESG tools and best practices
• Aligning with EU regulations and social investor expectations
• Discussing pathways for implementing ESG frameworks and strategies
• Enhancing customer outcomes through ESG considerations
• Reviewing key regulations and investor expectations

Participants:
• Management
• Operations & Risk Management Teams
• Credit Department (Sales, Credit Underwriting, and Portfolio Management)

Trainer:
Rakhat Gravesteijn, a seasoned management consultant with over 20 years of experience in inclusive finance and impact investing. With leadership roles across Europe and Central Asia, Rakhat has spent the last seven years advising financial institutions and impact investors in Europe, Asia, and Africa on sustainable finance, ESG, consumer protection, and customer outcomes management.

MFC remains committed to empowering microfinance and social finance institutions through targeted trainings and development initiatives.

Thank you to everyone involved in organizing the trainings in Lithuania and Estonia!