Pekao Group carbon footprint calculation

In 2023, the Bank calculated the Pekao Group’s greenhouse gas emissions in accordance with the GHG Protocol methodology. Calculations concerned Scope 1, i.e., direct emissions generated at facilities owned or supervised by the Group, and Scope 2, i.e. indirect emissions from purchased electricity, steam, heat and cooling from third-party suppliers. The calculation of emissions in the value chain (GHG Protocol Scope 3) is planned to be carried out in 2024. In the coming years, the Bank intends to continue with emission reduction activities – the goal by 2024 is to reduce its own emissions compared to 2020, including by rationalizing business travel, environmental improvements at the Bank’s locations (reducing face-to-face visits to customers in favor of remote contact, gradually replacing the vehicle fleet with models that emit less exhaust fumes into the atmosphere; changing the heating method of its facilities, optimizing processes to use less paper). The Bank monitors the consumption of raw materials and materials and conducts activities to promote less waste. It also plans to engage in offset activities in the future.

In the Statement of Non-Financial Information of the Bank Pekao S.A. Group for 2022, an incorrect value of gasoline and diesel consumption for the Pekao Group and Companies for 2022 was disclosed in error. The value presented in the disclosure was, respectively: 5,321 t CO2E and 232 t CO2E for the Pekao S.A. Group and 1,092 t CO2E and 67 t CO2E for the Companies, while the correct values should be 5,420 t CO2E and 243 t CO2E for the Pekao S.A. Group and 1,091 t CO2E and 78 t CO2E for the Companies.

The following table shows the correct values for 2022

In the Statement of Non-Financial Information of the Bank Pekao S.A. Group for 2022, an incorrect value of the total consumption of electricity for real estate and thermal energy for the Pekao Group, Bank Pekao and the Companies was disclosed in error. The value presented in the disclosure was as follows, respectively 13,188 t CO₂E and 24,951 t CO₂E for the Pekao Group, 12,503 t CO₂E and 24,654 t CO₂E for the Bank, 685 t CO₂E and 297 t CO₂E for the Companies, while the correct values should be 13,313 t CO₂E and 22,389 t CO₂E for the Pekao S.A. Group, 12,503 t CO₂E and 22,081 t CO₂E for Bank Pekao S.A. and 810 t CO₂E and 309 t CO₂E for the Companies. The following table shows the correct values for indirect greenhouse gas emissions ( Scope 2) for 2022.