The Bank’s involvement in ESG activities is assessed by the market in international rankings and indices. The Bank aims to increase its position in the environmental, social and corporate governance statements by systematically undertaking and disclosing ESG activities.
Bank in 2023
Bank’s position in ESG ratings and indices
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- Bank in 2023
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- Operating conditions
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- Bank’s position in ESG ratings and indices
| RATING | 2021 | 2022 | 2023 | CONTEXTUAL INFORMATION |
| MSCI ESG Ratings | A | BBB | BBB | MSCI ESG measures the resilience of companies to long-term risks in terms of environmental protection, corporate social responsibility and corporate governance. |
| FTSE4Good Russell | 3.1 | 3.3 | 3.1 | FTSE Russell ESG assesses approximately 4,100 companies in 47 developed and developing countries. The purpose of the FTSE assessment is to facilitate investment in companies that meet internationally recognized corporate liability standards and is the basis for the inclusion of the company in the FTSE4Good index. FTSE4Good index companies have met strict environmental, social and corporate governance criteria and are able to exploit the benefits of responsible business practices. |
| WIG-ESG (data as of 12.01.2024) |
Share of shares in the index: 5.6% |
Share of shares in the index: 5.9% |
Share of shares in the index: 6% |
The WIG-ESG index has been published since September 2019, based on the value of the portfolio of shares of companies recognized as socially responsible. The base value of the index was determined as at December 28, 2018 and amounted to 10,000.00 points. WIG-ESG is an income index, which means that both the prices of transactions concluded therein and the income from dividends are taken into account in its calculation. The share of a single company in the index is limited to 10%, whereas the aggregate share of companies the share of which exceeds 5% is limited to 40%. |
| Bloomberg Gender Equality-Index |
73/100 | 79/100 | 79.9/100 | The Bloomberg Gender-Equality Index may include large listed companies actively seeking gender equality in the work environment. Globally in 2022, 418 companies from 45 countries and representing 11 sectors of the economy were included in the index. Index participants were selected from stock exchange companies with a capitalization of more than USD 1 billion. In order to be entered in the index, a sufficiently high result should be obtained in a survey based on four areas: leadership, development path, remuneration, gender equality. In the Bloomberg GEI rating, issues of respect for diversity and gender equality are analyzed in terms of employment conditions, educational activities, employee benefits and perks, professional development opportunities, promotion paths and salaries, among others. |
| Sustainalytics | 29.1 medium risk |
26.5 medium risk |
23.4 medium risk |
The ESG risk assessments issued by Sustainalytics focus on the financially significant risks of ESG and cover more than 20,000 companies from 172 countries. The Agency’s methodology includes an analysis of the exposure of undertakings to significant risks related to ESG issues and an assessment of how companies manage those risks. Risk factors are determined on the basis of the industry and are determined on the basis of an analysis of 20 factors specific to each industry. |
| Moody’s Analytics (formerly: Vigeo Eiris) | 47/100 | 47/100 | 49/100 | The Moody’s Analytics score presents the extent to which companies integrate environmental, social and management factors into their strategies and operations. Entities from 40 different industries from around the world participate in the index. During the ESG assessment, 38 issues are verified. |
| Carbon Disclosure Project (CDP) | D | D | C | Carbon Disclosure Project is a non-profit organization that operates a global disclosure system for investors, companies, cities, states and regions to manage their environmental impact. Companies can disclose information through CDP’s corporate questionnaires on climate change, water management and strategies to prevent deforestation. |
| S&P Global CSA | n/a | 43 | 49 | S&P Global is a global organization that, among other things, publishes the S&P Global Corporate Sustainability Assessment rating, which measures the level of sustainability of participating companies. CSA rating performance is one of the key factors qualifying companies for inclusion in the S&P Dow Jones Sustainability Index. Every year, S&P examines some 13,000 companies |