Climate and environment
Strategic approach to environmental issues
Carbon footprint calculation. Towards climate neutrality
In 2021, Bank Pekao Group' greenhouse gas emissions were calculated for the first time. Calculations were performed in accordance with the GHG Protocol methodology, with setting 2020 as a base year. In 2022, the Pekao Group's greenhouse gas emissions in scope 1 and 2 as part of the PZU Group's emissions were subject to verification by an independent entity.
Verification statement
GHG Scope | Unit | Data coverage (%) | Base year 2020 | 2021 | 2022 |
Scope 1 | t eCO2 | 100 | 6 798 | 8 104 | 8 687 |
Scope 2 (location-based) | t eCO2 | 100 | 65 184 | 64 153 | 38 762 |
Scope 2 (market-based) | t eCO2 | 100 | 59 026 | 57 320 | 37 142 |
Emission reduction activities
ESG risks in the credit business
Our Bank supports environmentally-friendly projects and takes into consideration ESG issues in the process of analyzing credit risk.
Environmental impact
Reducing consumption of raw materials
In its day-to-day operations, Bank Pekao is guided by a desire to reduce its negative impact on the climate and a pro-environmental attitude.
Car fleet modernization
The idea of paperless
Less waste
Supporting the green transformation
Green and sustainable products
Under Pillar 1. Iin its ESG Strategy, the Bank committed to actively support the transformation of the Polish energy sector and the coal regions most negatively affected by the transformation as part of a just transition. The Bank continues to pursue sustainable financing activities including green and social projects and supports the issuance of ESG bonds of its customers.
Social impact projects
Key initiatives
Financing of a 9.6 MW wind farm in Wielkopolska. The Bank will grant up to 100% lending to the investment tranche and the VAT tranche, up to PLN 95.5 million and up to PLN 5 million, respectively. Project implemented by a special purpose vehicle established by ZE PAK S.A.
Consortium financing in the amount of PLN 496 million, on the modernization and construction of track infrastructure in the Silesian Agglomeration and for the purchase of local tram fleet and specialized rail vehicles