To calculate greenhouse gas emissions under Scopes 1 and 2, we applied the methodology outlined in the GHG Protocol Corporate Standard. Due to the nature of our business activities, we do not fall under the European Union Emissions Trading System. The scope of the calculation covered Pekao Group. The calculations were based on internally collected data on the volumes of raw materials consumed (e.g., electricity, petrol, mileage) as well as information published by the National Centre for Emissions Management (KOBIZE), the Energy Regulatory Office (URE), the Department for Environment, Food and Rural Affairs UK (DEFRA), and electricity suppliers. We do not identify biogenic emissions in any category. Greenhouse gas emissions are consistently expressed in tonnes of carbon dioxide equivalent. No external calculation tools were used in the estimation.
As of the reporting date, we had no information regarding circumstances that would significantly impact greenhouse gas emissions.
Pekao Group makes use of guarantees of origin for electricity from renewable sources and engages in Power Purchase Agreements (PPA). The electricity procured under these agreements accounts for 29% of the Group’s total electricity consumption.