We invest in sustainable development and consistently design our actions to improve our impact on environmental sustainability, social responsibility and corporate governance.
We recognise the need to become a more sustainable bank at our core, to be resilient to future environmental and social shifts and to deliver enhanced social value.
We strive to meet standards and conditions that ensure we operate as a responsible business, especially in terms of acting as a responsible employer, giving back to our communities and delivering long-term sustainable performance.
Through our strong governance framework, and the new systems and processes we build, we envisage being able to improve our impact. That is, to make a meaningful contribution to society, champion enterprise and help minimise our impact on climate change.
Sustainable development is key to prosperity. It requires both productive economic structures and a responsible attitude towards the natural environment and the society.
To this end we are committed to:
The Operational Impact Pillar focuses on 3 strategic axes:
The Financed Impact Pillar focuses on actions for financing and supporting customers in their transition efforts and the circular economy towards a more ESG friendly economic environment.
We are committed to respecting and protecting human rights. Our main commitments include:
Our Anti-Bribery and Corruption Policy clearly defines active and passive bribery, as well as potential cases leading to corruption.
Furthermore, our Code of Conduct and Ethics describes how we prevent instances of bribery and corruption and how we promote integrity within the business environment.
Recognising the significance and the impact of our activities on social equity for employees, customers and society, we are committed to fostering a culture of diversity, equity and inclusion, integrating relevant principles throughout our everyday working practices, our governance model and related commitments. Our Diversity, Equity and Inclusion Policy outlines our corporate values, principles and commitments that support a diverse, equitable and inclusive work environment, where everyone can have the opportunity to flourish.
We have introduced a framework for preventing, addressing and combating violence and harassment at work. It outlines our zero- tolerance approach for various types of violations, including verbal, physical, psychological, moral and sexual violence, insulting, degrading or disparaging behaviour, offensive or inappropriate comments, and sexually offensive behaviour.
Through our Policy against Violence and Harassment in the Workplace, we promote an inclusive and non-discriminatory work environment where we treat everybody with dignity and respect.
We encourage all employees and any other person working with us to raise any issues of concern, speak up and use all available external and internal reporting channels for the reporting of illegal or unethical conduct.
To ensure an independent mechanism for anonymous reporting of illegal or unethical conduct and the confidential treatment of all reports, we have established the Policy for Reporting Illegal or Unethical Conduct.
Our Anti-Bribery and Corruption Policy clearly defines active and passive bribery, as well as potential cases leading to corruption.
Furthermore, our Code of Conduct and Ethics describes how we prevent instances of bribery and corruption and how we promote integrity within the business environment.
This Policy Framework outlines our approach for:
Acknowledging the importance of sustainable development, we provide comprehensive and transparent information on ESG matters through the Annual Reports - Business and Sustainability issued by our Group (ESG reporting). We are gradually integrating ESG practices and aspects in our product and service offerings, operations, and client and employee engagement.
To further promote transparency, we have also developed our:
Apart from our business activities, we also undertake social responsibility initiatives, responding to the needs of society.
The ESG Management Committee is established by the Eurobank CEO.
Its role and responsibilities include providing strategic direction on ESG initiatives, reviewing the ESG strategy, and integrating the elements of the ESG strategy into Eurobank's business model and operations.
We implement a multifaceted Corporate Social Responsibility (CSR) programme. Our programme includes a series of sponsorships and donations to legal entities and individuals.
Driven by the needs of society, but also based on special conditions or periods of crisis that may arise.
We engage across the following interconnected pillars:
Supported by horizontal activities on Diversity, Equity & Inclusion and Volunteerism.
We set and refine our targets, aiming to better understand and monitor our impact over the years. Our plan is to establish comprehensive management mechanisms, KPIs and milestones to better implement and monitor our targets.
Aligning our activities with the Paris Agreement on climate change, the EU Sustainable Finance Action Plan and the UN SDGs will be a key aspect of setting such targets.
In this context, we aim to: