What is ESG?

ESG (Environmental, Social, Governance) is a framework for sustainable development that integrates environmental, social, and governance principles into business practices.

  • E (Environmental) – Responsible care for nature: reducing carbon footprints, supporting green energy, and using resources efficiently.
  • S (Social) – Focus on people: promoting inclusivity, protecting the rights of employees and clients, and supporting local communities.
  • G (Governance) – Transparent and ethical management: fostering decision-making transparency, combating corruption, and cultivating an effective corporate culture.
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How does Piraeus Bank implement ESG?
  • We support green initiatives: By financing environmentally friendly projects and reducing our own ecological impact.
  • We foster social responsibility: By ensuring access to modern banking services for all population groups and actively supporting local communities.
  • We champion responsible governance: By adhering to transparency principles and safeguarding the interests of our clients, partners, and employees.

 

For us, ESG is not just a trend; it’s a tangible commitment to building a better future. Join our initiatives and support conscious, responsible banking. 🌍

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Piraeus Bank Goals
Environmental

Environmental Efficiency
Piraeus Bank actively implements eco-conscious initiatives to reduce its environmental impact:

  • Managing environmental risks during the credit decision-making process.
  • Adopting sustainable procurement practices that promote environmental awareness.
  • Digitalising processes to minimise paper and resource consumption.
  • Optimising energy consumption across offices and branches, including the introduction of energy-efficient technologies.

Social

People and Human Capital
We create an environment where everyone feels supported and protected:

  • Actively promoting employment opportunities for veterans and those affected by war.
  • Ensuring the health, safety, and well-being of our employees.
  • Advancing gender equality and equal opportunities for all.
  • Providing financial support to employees serving in the Armed Forces of Ukraine.

Accessibility
Piraeus Bank is committed to being inclusive for all individuals:

  • Developing tailored solutions for war veterans.
  • Ensuring banking services are accessible to individuals with disabilities.
  • Offering support to other client groups requiring barrier-free access.

Financial Stability and Accessibility
We ensure reliable access to banking services under any circumstances:

  • Guaranteeing uninterrupted banking operations through the Power Banking network.
  • Implementing robust physical security systems to protect clients and employees.
  • Continuously improving cybersecurity to safeguard your data.

Governance

Corporate Governance
Piraeus Bank adheres to high standards of transparency and ethical practices:

  • Ensuring responsible corporate governance through transparent financial reporting.
  • Promoting business ethics based on mutual respect, partnerships, and the avoidance of conflicts of interest.
  • Enhancing risk management efficiency to maintain operational stability.
  • Upholding principles of tax transparency.
  • Enforcing anti-corruption policies and ensuring transparency in compliance processes.

Piraeus Bank is committed to building a responsible business that contributes to a sustainable future for Ukraine and the world. 🌱

Development of Medical and Humanitarian Programs
Supporting Children Affected by War
Strengthening Cultural Connections
Supporting the Armed Forces of Ukraine
Initiatives to support women's potential and leadership development
Financial literacy projects