Piraeus Group in the Financial Times Europe’s Climate Leaders for the fourth consecutive year
Piraeus Group is included for the fourth consecutive year, among 600 companies, in the Financial Times Europe’s Climate Leaders 2024 list for significantly reducing its operational emissions and for taking measures to tackle climate change. Companies in Europe are requested, more than ever, to step up their efforts to address climate change by reducing their emissions and to contribute to achieving climate neutrality by 2050.
Piraeus Group is the only Greek company that has been included in four continuous years in the FT list. Inclusion was attributed to the reduction of Scope 1 and Scope 2 intensity of carbon emissions on Piraeus’ premises (branches and administration buildings) for the period 2017-2022, to the transparency of disclosing Scope 3 emissions (indirect carbon emissions from the supply chain), to the CDP score, and to the emission reduction targets set under the Science Based Target Initiative (SBTi).
According to the results announced by Financial Times, Piraeus achieved a reduction in direct emissions (Scope 1) and indirect emissions stemming from electricity consumption (Scope 2) by 74,3% for the period 2017-2022, and a reduction of carbon intensity in Scope 1 and Scope 2 (i.e. tonnes of equivalent carbon emissions per €1 min. of revenues) by 26,5% for the same period.
Piraeus Group, cognizant of the disruptions climate change may cause to local societies and economies, has in place a robust governance system, a clear business plan, trained personnel and a strategy for engaging with clients and investors, in order to offer solutions aspiring to be a reliable bank in Greece with positive impact on society, economy and environment.
Europe’s Climate Leaders 2024: interactive listing (ft.com)
Athens, 26 April 2024
