Climate and environment
Climate and environment – introduction
GRI[
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The Bank continues to pursue sustainable financing activities including green and social projects and supports the issuance of ESG bonds of its customers in line with the 2021 ESG strategy. The Bank’s superior intention is to significantly reduce the financing of carbon-intensive projects in its loan portfolio. Individual goals from the first Pillar of the ESG Strategy “Environment” are systematically monitored and reported to the ESG Council.
GRI[
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3-3
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2-23
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Own indicators
The methodology for disclosing ESG indicators in Pillar 1 of the ESG Strategy Environment was based on the following assumptions:
- Financing sustainable projects means realization of financings in the form of green or social loans based on contracts concluded during the ESG Strategy period (cumulative indicator),
- Supporting the issuance of ESG bonds of customers are financed green bonds, social bonds or KPI-linked bonds based on contracts concluded during the ESG Strategy period (cumulative indicator),
- The share of green financing is the share of green loans and covered green bond issues as of 31.12.2023 in the Bank’s gross financing,
- The share of carbon-intensive financing is the share of carbon-intensive financing (either loans or covered bond issues) as of 31.12.2023 in the Bank’s gross financing.