The report details Piraeus Bank's efforts to improve all financial fundamentals, seeking to support and contribute to the broader development of the economy, society, the environment, and culture by incorporating the principles of sustainability into its strategy. The report also highlights the Bank's active participation in global initiatives and corporate sustainability indices, which include the UN Global Compact, UNEP FI, and the ""Paris Pledge for Action"" initiative. Key initiatives undertaken by the Bank in 2017 include the implementation of the Environmental and Social Management System (ESMS) for business financing, the development of a strategy for businesses and biodiversity, and the ongoing support of the Piraeus Bank Group Cultural Foundation (PIOP). The report includes an independent assurance statement, provided by Ernst & Young.
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Piraeus Financial Holdings SA 2017 Sustainable Development Report
Issuing Company Piraeus Financial Holdings S.A.
Report Type Sustainability Report
Report Language EN
Report Filesize 19.57 MB
No. of Pages 224 pages
Reporting period2017
Report EditionUnknown
Assurance Provider Ernst & Young
Reporting Standards GRI; ISO 26000; UNGC
Materiality Assessmenttrue