What is ESG?

ESG (Environmental, Social, Governance) is a framework for sustainable development that integrates environmental, social, and governance principles into business practices.

  • E (Environmental) – Responsible care for nature: reducing carbon footprints, supporting green energy, and using resources efficiently.
  • S (Social) – Focus on people: promoting inclusivity, protecting the rights of employees and clients, and supporting local communities.
  • G (Governance) – Transparent and ethical management: fostering decision-making transparency, combating corruption, and cultivating an effective corporate culture.
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How does Piraeus Bank implement ESG?
  • We support green initiatives: By financing environmentally friendly projects and reducing our own ecological impact.
  • We foster social responsibility: By ensuring access to modern banking services for all population groups and actively supporting local communities.
  • We champion responsible governance: By adhering to transparency principles and safeguarding the interests of our clients, partners, and employees.

 

For us, ESG is not just a trend; it’s a tangible commitment to building a better future. Join our initiatives and support conscious, responsible banking. 🌍

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Piraeus Bank Goals
Environmental

Environmental Efficiency
Piraeus Bank actively implements eco-conscious initiatives to reduce its environmental impact:

  • Managing environmental risks during the credit decision-making process.
  • Adopting sustainable procurement practices that promote environmental awareness.
  • Digitalising processes to minimise paper and resource consumption.
  • Optimising energy consumption across offices and branches, including the introduction of energy-efficient technologies.

Social

People and Human Capital
We create an environment where everyone feels supported and protected:

  • Actively promoting employment opportunities for veterans and those affected by war.
  • Ensuring the health, safety, and well-being of our employees.
  • Advancing gender equality and equal opportunities for all.
  • Providing financial support to employees serving in the Armed Forces of Ukraine.

Accessibility
Piraeus Bank is committed to being inclusive for all individuals:

  • Developing tailored solutions for war veterans.
  • Ensuring banking services are accessible to individuals with disabilities.
  • Offering support to other client groups requiring barrier-free access.

Financial Stability and Accessibility
We ensure reliable access to banking services under any circumstances:

  • Guaranteeing uninterrupted banking operations through the Power Banking network.
  • Implementing robust physical security systems to protect clients and employees.
  • Continuously improving cybersecurity to safeguard your data.

Governance

Corporate Governance
Piraeus Bank adheres to high standards of transparency and ethical practices:

  • Ensuring responsible corporate governance through transparent financial reporting.
  • Promoting business ethics based on mutual respect, partnerships, and the avoidance of conflicts of interest.
  • Enhancing risk management efficiency to maintain operational stability.
  • Upholding principles of tax transparency.
  • Enforcing anti-corruption policies and ensuring transparency in compliance processes.

Piraeus Bank is committed to building a responsible business that contributes to a sustainable future for Ukraine and the world. 🌱

Development of Medical and Humanitarian Programs
Supporting Children Affected by War
Strengthening Cultural Connections
Supporting the Armed Forces of Ukraine