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Our positive footprint on the environment is acknowledged internationally. The environment is an integral part of our strategy.
For the 3rd consecutive year Piraeus is included in the Financial Times’ Climate Leaders list.

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Carbon Footprint

Piraeus Group monitors and manages the impacts it has on the environment and calculates its annual “carbon footprint”. It sets targets to reduce emissions from its operations, lending, and investments.

The assessment of operational environmental aspects indicates that electricity is the main stream of the Bank’s environmental impacts. For this reason, Piraeus Bank designs and implements various environmental projects, aimed at reducing electricity consumption and improving its carbon footprint from its operational activities.

Electricity Consumption

Electricity Consumption per surface

The constant decrease that has been observed in the past years in the consumption of paper, ink cartridges and toners, reflects to a large extent, the improvement in the environmental behavior of the Bank’s employees.

Paper Consumption

*Due to the conditions of the Covid-19 pandemic, there was an increase of printing in branches, leading to paper, ink and toner consumption increase.

Ink Cartridges Consumption

*Due to the conditions of the Covid-19 pandemic, there was an increase of printing in branches, leading to paper, ink and toner consumption increase.

Piraeus Bank has integrated green criteria in its procurement policy. It selects environmentally friendly products, such as paper with FSC (Forest Stewardship Council) environmental certification, recycled consumables and energy-saving light bulbs, while the fleet of corporate vehicles is being gradually replaced with zero-emissions vehicles. In addition, electrical and electronic equipment (screens, laptops and refurbished PCs) are gradually being replaced with energy-efficient appliances (“energy star” label) and new generation laptops.

Piraeus Bank`s Photovoltaic Systems.

Σε 32 ιδιόκτητα καταστήματα της Τράπεζας, με συγκεκριμένα χαρακτηριστικά, εγκαταστάθηκαν φωτοβολταϊκά συστήματα (αυτοπαραγωγή).

Piraeus Bank is the first Bank in Greece and one of the first in Europe to make significant investments in e-learning as a training tool for its employees.

Travel avoided by opting for e-learning

* Significant decrease due to the conditions of the Covid-19 pandemic

Business travel by plane (km)

* Significant decrease due to the conditions of the Covid-19 pandemic

Business travel by plane (km/ employee)

* Significant decrease due to the conditions of the Covid-19 pandemic

Business travel by car (km)**

** The calculation of business travel by car is based on monthly mean values of unleaded and diesel fuel

Business travel by car (km/ employee)**

** The calculation of business travel by car is based on monthly mean values of unleaded and diesel fuel

Recycling programmes in the Bank constitute a basic component for constant and systematic improvement of its environmental performance. Employee participation is pivotal and is strengthened and rewarded by the annual recycling and energy saving competitions among branches and administration buildings for 12 consecutive years.

Paper recycled (tonnes)

Paper recycled (kilos per employee)

Percentage of paper recycled (paper recycled/ paper consumed) (%)

Ink cartridges recycling

Since 2019, over 47,000 ink cartridges items have been recycled/refilled.

Battery recycling

Battery recycling is an environmental programme implemented in all of the Bank’s premises

For the calculation of the Bank’s operational footprint and of Piraeus’s financing and investment activities the following emissions have been taken into account: