Eurobank issues its Annual Report 2022 – Business & Sustainability with a view to fully inform its stakeholders about its performance in the sustainable development pillars (economy, society, environment). This publication was prepared in accordance with the Global Reporting Initiative (GRI) Standards (2021), applying the reporting principles (accuracy, balance, clarity, comparability, completeness, sustainability context, timeliness, verifiability). This reporting approach aims at providing comprehensive and transparent information to stakeholders, relates to Eurobank’s response to their expectations and interests, and invests in continuously promoting open dialogue with them.
The contents of the Annual Report 2022 – Business & Sustainability were determined based on the expectations and concerns of stakeholders, as well as on the operations of Eurobank and the banking sector in general. Eurobank’s materiality analysis is the key process used to define the Annual Report 2022 – Business & Sustainability contents.
Eurobank’s Management actively participates in the materiality analysis, whereas Eurobank’s ESG Management Committee validates the results. Additionally, the sustainability reporting frameworks of the GRI sectoral supplement on Financial Services, the SASB Commercial Banks Standard, as well as the Athens Stock Exchange (ATHEX) ESG Reporting Guide (2022) have been considered. This report also incorporates the 10 Principles of the United Nations Global Compact, as well as the AccountAbility AA1000 2018 Principles. For further information on the Report’s disclosures in accordance with the guidelines of the GRI Standards, SASB Commercial Banks Standard, AccountAbility AA1000 2018 Principles and Athens Stock Exchange ESG Reporting Guide, refer to the respective Appendices.
The scope for the Annual Report 2022 – Business & Sustainability encompasses operations performed by Eurobank in Greece and abroad, where specified, for the period from 01.01.2022 to 31.12.2022., in alignment with the Bank’s financial reporting period.
A dedicated project team was set up, composed of representatives from selected Units (Group Strategy General Division, Group Human Resources General Division, Group Marketing and Communication General Division, Group Corporate Secretariat, Group Compliance General Division, Retail Banking General Division, Corporate & Investment Banking, Group Digital Banking General Division, International Activities General Division, Group Corporate Security Sector, Procurement Sector, Investor Relations Division, Group Finance General Division, Group Climate Risk Division, ESG Division) and coordinated by Program Field II to prepare the Annual Report 2022 – Business & Sustainability. The team’s main task was to collect and evaluate the necessary information and data relating to sustainable development (economy, society, human resources, environment), and ensure that all aspects are covered. Acknowledging the significance of external assurance for the Annual Report 2022 – Business & Sustainability and aiming to achieve transparency, and strengthen the credibility of the data and information presented, the Management has decided for the last 5 years to assign the external assurance of the Report’s content to PRICEWATERHOUSECOOPERS SA independent auditors.
To fulfil its commitments to UNEP FI PRB, Eurobank has embedded the UNEP FI 3rd PRB Progress Report in the Annual Report 2022 – Business & Sustainability, per recommended practice. The Independent Auditor's Limited Assurance Report for the Eurobank Annual Report 2022 – Business & Sustainability is on page 140, and for the UNEP FI 3rd PRB Progress Report on page 136. The Report was published in July 2023. Eurobank welcomes any comments and remarks which could contribute to its effort for continuous improvement.
Comments and remarks regarding the Annual Report 2022 – Business & Sustainability may be submitted over the phone (+30 211 1868229), by email (CorporateCommunications@eurobank.gr) or by post (Eurobank SA Corporate Communications Sector, 40-44 Praxitelous Street, 10561 Athens, Greece). The previous Report, concerning the period from 01.01.2021 to 31.12.2021, was published in July 2022. Previous Reports (annual reporting cycle) are available online.
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The Annual Report 2022 Business and Sustainability microsite is the website version of the Αnnual Report 2022 and was based on the English pdf. In the event of discrepancies between the website version and the pdf, the pdf prevails.