- requirements of Directive 2014/95/EU of the European Parliament and of the Council of October 22, 2014 amending Directive 2013/34/EU as regards disclosure of non-financial and diversity information by certain large undertakings and groups (implemented into Polish law in the form of amendments to the Accounting Act),
- requirements of the Regulation (EU) No. 2019/2088 of the European Parliament and of the Council of November 27, 2019 on sustainability‐related disclosures in the financial services sector,
- Best Practices of WSE Listed Companies 2021,
- ESG reporting guidelines issued by the WSE,
- European Securities and Markets Authority (ESMA) guidelines,
- requirements arising from reporting rules within the PZU Group.
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In the Statement, the Bank presented relevant information on its strategy, management, performance and future plans. At the stage of identifying the environmental, economic and social impacts of its operations, the Bank took into account not only the provisions of the ESG Strategy and the business strategy, but also analyzed feedback from stakeholders (including: shareholders, investors, financial analysts, rating agency analysts and stock market analysts).
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- factors affecting the Bank’s operations,
- support for energy transition,
- “green” and “sustainable” products,
- regulatory changes in the area of “sustainable finance”,
- reduction of the carbon footprint, protection of environmental resources,
- social commitment,
- responsible sales, service quality management,
- human capital, working conditions and employee development,
- business ethics and corporate governance,
- inclusive organization – development, diversity and equality,
- observance of human and worker rights, responsibility in the supply chain,
- development of innovation in business operations.
The above topics have been singled out in the Statement according to the principle of double significance, i.e. as topics that significantly affect Bank Pekao’s business (1) and as topics through which Bank Pekao exerts influence on its stakeholders’ environment (2). Each topic deemed significant is described from the perspective of the approach to its management, including the indicators corresponding to the process. In doing so, the Bank has taken into account potential and actual ESG risks and opportunities that may be material to the Bank’s operations.