Our Environment

We commit to environmental Sustainability. Policies and procedures are implemented to support us in reducing as far as possible our impact on the environment. We improve our eco-efficiency with an array of measures, from efficient use of energy, water and paper, green Information Technology (IT), to video conferences instead of business trips etc.

European Programme Business4Climate

We participate in the European programme Business4Climate and commit to a more active involvement in climate protection. This means reducing our greenhouse gas (GHG) emissions by 8% until 2030, through a customised action plan that includes policy implementation, measures and daily practices which contribute in mitigating our environmental footprint.

Energy Management

We have developed an action plan for environmental investments following the energy audit which was conducted in 2017 and completed in 2018. It includes equipment upgrading and new systems, development of a Management System as well as following standards and acquiring certifications.

Waste Management and Recycling

In accordance with the Bank’s environmental awareness policy and with its aim to reduce the impact on the environment and public health, the Bank has adopted a systematic approach to managing its resources. At the same time the Recycling Agreements which are in place since 2014 support the Bank to establish more efficient and innovative recycling methods that are in alignment with the Bank’s policies in terms of operational risk and data protection.

Paperless programme

One of the main goals of the Bank is digitization and establishing a paperless environment. To achieve this we encourage our staff to further reduce paper use in day-to-day transactions and operations, by using the upgraded Internal Portal, while encouraging our customers to use our innovative online and telephone services.

More information can be found in the Corporate Responsibility Report 2019, “Our Environment” chapter

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