Bank Pekao adopted the Capital Group Decarbonization Plan in response to climate and regulatory challenges

The Management Board of Bank Pekao S.A. has approved the Capital Group Decarbonization Plan, which supports the implementation of the long-term goals of the Paris Agreement and strengthens climate risk management in the bank's operations. The document is an integral element of the bank's business strategy and ESG risk management system.

The Decarbonization Plan encompasses, among other things, strategic portfolio structure, the development of green financing, and reducing its own carbon footprint. The bank is strengthening its role as a responsible financial institution by focusing on two priority areas of its loan portfolio: the electricity sector and residential real estate loans, as well as on the bank's own operations.

"For us, the Decarbonization Plan is not only a response to regulatory requirements, but above all, a tool for truly managing climate risk and supporting our clients in the transformation process. We are consistently investing in green projects, developing low-emission offerings, and building the long-term resilience of our portfolio. We want to be an active partner in Poland's energy and housing transformation" said Marcin Gadomski, Vice President of Bank Pekao S.A. supervising the Risk Division.

Electricity Industry

In the area of ​​electricity, the bank aims to reduce greenhouse gas (GHG) emissions intensity by 39.5% by 2030 compared to 2025, based on the International Energy Agency's "Net Zero 2050" decarbonization path. Achieving this goal relies on increasing financing for zero-emission technologies, developing natural gas financing, and eliminating new financing for coal- and oil-based projects.

The Decarbonization Plan assumes increasing Bank Pekao's involvement in financing transitional technologies based on natural gas to 24.7% of the electricity sector portfolio by 2030.

Mortgage Loans

In the area of ​​mortgage loans, the plan envisages a 43.4% reduction in emissions intensity by 2030 compared to 2025, and a systematic increase in the share of financing for energy-efficient and highly energy-efficient properties, which are expected to constitute 60% of the portfolio by 2030. The Bank also intends to reduce its exposure to low-energy-efficiency properties and support thermal modernization and the development of modern, low-emission buildings.

Own Operations

The Decarbonization Plan also covers Bank Pekao S.A.'s own operations. By 2030, the bank aims to reduce its Scope 1 (direct emissions) and Scope 2 (indirect emissions) greenhouse gas emissions by 60.8% compared to 2024. This goal will be achieved through the optimization and modernization of office space, increasing the share of energy from renewable sources, developing PPAs (long-term renewable energy purchase agreements), and gradually replacing the fleet with low-emission vehicles.

Supporting Sustainable Customer Development

As part of the implementation of the 2025–2027 Strategy, Bank Pekao plans to allocate PLN 9 billion to finance green projects. In parallel, a client collaboration model is being developed to support them in the energy and environmental transformation process.

The pace of achieving the goals remains linked to the decarbonization of the Polish economy and the implementation of the National Energy and Climate Plan. The Decarbonization Plan supports the Pekao Group's ambition to achieve climate neutrality by 2050. It is a response to the requirements of the Capital Requirements Directive.

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