- Activities for the benefit of local communities within the framework of Employee Volunteering aimed at helping the needy, equalizing opportunities, preventing exclusion and education, health promotion
- Cooperation with non-governmental organizations, including the Polish Red Cross, SOS Children’s Villages Association
About Bank
Bank’s efforts to implement the Sustainable Development Agenda
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ESG is one of Bank Pekao’s key priorities, which is why the Bank takes a comprehensive approach to managing sustainability issues. In 2021, the ESG Strategy “Responsible Bank supporting sustainable development” was adopted, which defines Bank Pekao’s goals and ambitions related to the environment, social engagement and corporate governance. The ESG strategy is divided into three pillars. The Strategy’s first pillar – “Environment” is associated with increasing funding for sustainable projects, supporting the energy transition and the transition to a low-carbon economy, and striving to achieve our own climate neutrality by 2030. The second one – “Commitment” – focuses on helping, equalizing opportunities and preventing social exclusion, including through charitable activities and employee volunteering. The third pillar – “Corporate Governance” – refers to an ethical approach to business that takes into account ESG issues, as well as to the development, diversity and equality of employees.
Bank’s efforts to implement the Sustainable Development Agenda
Bank Pekao actively engages in the implementation of the 2030 Sustainable Development Agenda. The activities included in the ESG Strategy undertaken by the Bank are in line with most of the 17 Goals of the initiative, which give direction to the Bank’s activities:
- Loans for medical studies
- Bank Pekao S.A. Foundation activities
- Voluntary blood donation campaigns
- Health promotion campaigns among Bank employees and externally, among others “MiLOVE activities”, “Take Health by the Horns”
ESG Strategy – Pillar 2.
- Bank Pekao S.A. Foundation activities
- Financial Education for Youth “BAKCYL – Bankers for Youth Financial Education.”
- Financial education for the elderly “SeniorON”
- Employee volunteering – educational campaigns
- PEOPAY Kids – education about finances for the youngest
ESG Strategy – Pillar 3.
- Equality and diversity policy
- Reducing the pay gap
- Maintaining equal number of men and women in managerial positions, succession plans
- “Sugar-Free” program for women
ESG Strategy – Pillar 1.
- Supporting the transformation of Poland’s energy and coal regions; offering green products, supporting the development of a low-carbon economy
- Purchase of green energy to reduce carbon footprint (guarantees of origin)
Bank’s business strategy: Pillar of Responsibility – Supporting Economic Development
- Commercial and operational activities even more based on sustainability factors
- Effective human resources management
- Developing employees’ competencies, aspiring to be an employer of first choice
Bank’s business strategy: Pillar of Responsibility – Supporting Economic Development
- Support for the development of innovation of Polish companies
- Digitization and digitalization
- A wide range of corporate loans to support real economy entities, including industry and construction
ESG Strategy – Pillar 3.
- Employee volunteer work program
- Charity policy, Bank Pekao S.A. Foundation activities
- Pekao without Barriers program
- Diversity management policy
- Activities in the area of respect for human rights, high standards of ethics and corporate governance
Bank’s business strategy: Pillar of Responsibility – Supporting Economic Development
- Comprehensive services for the public finance sector
- Financing of public sector and municipal projects
- Public-Private Partnership Activities
- Supporting the issuance of customer social bonds
ESG Strategy – Pillar 1.
- Reduction of the consumption of raw and other materials
- Modernization of the vehicle fleet, including purchase of electric cars, reduction of paper consumption
- Purchase of renewable energy, energy conservation
- Calculating own emissions and aiming for reductions of CO2
ESG Strategy – Pillar 1.
- Supporting the development of a low-carbon economy
- Financing of sustainable projects
- Supporting the issuance of customer ESG bonds
- Systematic reduction of balance sheet exposure to carbon-intensive activities
- Calculation of financed emissions and reduction targets
ESG Strategy – Pillar 2.
- Environmental education of employees
- Bee and bison conservation programs
- Employee volunteer work program
- “Ekologia na BANK” (Ecology at the Bank) program
- Support for citizens and companies from Ukraine – special solutions for individual and corporate customers, including free account maintenance, free transfers to and from Ukrainian banks
- Policy not to fund controversial weapons
- Membership in the United Nations Global Compact
- Membership in the “Climate Positive” United Nations Global Compact Poland program
- Cooperation with the UNEP/GRID Center – Warsaw, Poland, Partnership “Razem dla środowiska”
- Membership in the Polish Bank Association – active participation in the creation of good market practices for sustainable development in the banking sector