ESG

• Decarbonisation and reduction of CO2 emissions
• Management of climate change
• Sustainable energy sources
• Energy efficiency
• Measures to reduce water and air pollution
• Long-term biodiversity conservation
• Sustainability in natural resource management
• Waste management

• Human rights
• Occupational health and safety
• Prevention of discrimination
• Protection of privacy and personal data
• Contribution to the community
• Social justice 
• Child neglect and prevention of child labour
• Prevention of harassment and abuse
• Preservation of cultural heritage
• Value chain management (supplier chain, community partners)

Governance is a principle that, in addition to corporate, also covers the management of “E” and “S” categories, i.e. environmental protection and corporate social responsibility. It defines decision-making mechanisms in organizations, standards and rules of internal processes, as well as strategic supervision of potential risks in business, and includes criteria such as:

• Corporate governance structure
• Avoiding conflict of interest when making decisions
• Transparency in reporting
• Business operations in compliance with all legal regulations
• Application of ethical standards in business

• By improving credit policies and lending conditions
• By adapting the risk management system
• By developing products intended for “green transformation” – improving energy efficiency, using renewable energy sources more efficiently, improving the waste management system
• By using a special fund for financing projects in the field of “circular economy”
• By making a direct contribution to the community in the form of donations for the conservation of biodiversity
• By reducing energy consumption – implementing an action plan for optimizing electricity consumption in business premises
• Through partnerships and environmental initiatives

• Through initiatives contributing to the development of an inclusive working environment and acceptance of diversity
• By developing financial products and providing special conditions for sensitive social categories
• Through financial education and mentoring programs for young people
• By introducing the Donate option through payment order, which allows clients to donate money to non-profit organizations
• Through developed volunteering culture
• Through donations program

• By applying an effective and controlled decision-making system 
• By ensuring public availability of financial reporting documents
• By creating a strict and up-to-date structure of internal management acts
• By organizing trainings and educations on safe and secure data management methods for employees
• By applying the highest ethical standards in business
• By providing guidelines for the prevention of corruption

Indirect environmental impact, as well as social importance and responsibility that we, as the leading bank on the market, have towards the community in which we live and operate, significantly affect our investment policy, i.e. the criteria on the basis of which we create products, but also analyze the risks of financing.

By implementing ESG standards in the financing processes, we support business models and concepts that adequately treat the environment, improve the circularity of the domestic economy, while not neglecting social issues as elements of strategic development, and thus provide a positive contribution to society.

With all this in mind, the ESG principles will increasingly be integrated, not only in the investment analysis and improvement of the risk management process, but also in the development of product portfolios for all client segments, as well as business strategies aimed at employees, supplier chains, partners, the local community, etc.