Piraeus Bank continues to systematically integrate the ESG approach into its operations, demonstrating leadership in implementing sustainable development principles within Ukraine’s banking sector. 

In the context of post-war recovery, where international financial partners such as the World Bank and DFC set mandatory ESG compliance requirements, meeting these standards has become not just a matter of reputation but a necessary condition for attracting financing. 

Thanks to the efforts of the Risk Department, which integrated environmental risks into the internal control and assessment system, Piraeus Bank met the partners' requirements and successfully gained access to international programs supporting Ukrainian businesses. 

A number of important steps have already been implemented: 

• Development of an ESG strategy and roadmap for its implementation; 
• ESG training sessions for the Bank’s employees; 
• Integration of ESG financing standards in line with the requirements of the Entrepreneurship Support Fund (World Bank) and DFC; 
• Implementation of mechanisms for identifying and assessing environmental and social risks in the credit process. 

By complying with ESG standards, Piraeus Bank can attract accessible international funding that supports small and medium-sized businesses, sustainable development projects, and the creation of new jobs. This gives the Bank’s clients access to long-term loans on competitive terms and boosts investor confidence in the Ukrainian economy as a whole. In this way, ESG is not just about responsibility—it’s a practical tool for rebuilding a strong, resilient, and competitive Ukraine. 

“We are not just formally implementing ESG—we see it as part of our responsibility for Ukraine’s future. Timely management of environmental risks has become critically important in attracting international financing. This is the result of teamwork, strategic vision, and a practical focus,”  — said Yuliia Hrytsenko, Chief Risk Officer at Piraeus Bank.