Santander Bank Polska has revealed it has won the top prize in the 16th edition of the Sustainability Reports competition.
The bank was recognised for the presentation of the activities undertaken, the relationship and impact on wider society, as well as the inclusion of the Task Force on Climate-Related Financial Disclosures (TCFD) as an integral part of the report.
The competition is organised by the Responsible Business Forum and Deloitte and promotes the reporting of issues related to ESG factors, identifying good practices in this area, and increasing the transparency of reporting organisations’ activities. This year, in the ‘Sustainability Report’ category, one of the two main awards went to Santander Bank Polska. A new feature added by the bank was the Climate Report, developed according to the TCFD criteria, which is an integral part of the ESG Report.
“At Santander Bank Polska, we have been reviewing our performance in the context of ESG for nine years now,” said Katarzyna Teter, Sustainability & ESG team manager at Santander Bank Polska. “In our view, transparent information regarding ESG indicators is crucial for the credibility of financial institutions. We are delighted that our philosophy and method of reporting have once again been recognised. As one of the largest banks in Poland, we want to inspire other companies and encourage them to report on sustainability. ESG strategy is an integral part of our business strategy and we are positive that more and more companies will follow this path.”
The 2021 ESG Report published by Santander Bank Polska presents important information from the point of view of investors, regulators and the European Union. These are primarily ESG indicators on which non-financial ratings and assessments of companies, countries and other organisations are based.
The report complies with the European Commission’s guidelines for the disclosure of non-financial information related to climate impacts. It also takes into account the principles of GRI Foundation 2021 – Global Reporting Initiative and UNEP FI – Principles for Responsible Banking. In addition, it showcases the bank’s activities and how they contribute to the global UN Sustainable Development Goals.
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