ESG Strategy and Digital Transformation
ESG strategy - Lead the transition to a Sustainable Future
Robust Infrastructure
Set-up of dedicated Executive Committee to oversee ESG agenda
Launch of ESG Targets
Formulation of dedicated workgroups to ensure delivery
Improvement of MSCI ESG rating: AA rating assigned to BOCH
.
DO NEUTRAL
Carbon neutral
by 2030
Net Zero
by 2050
Carbon footprint calculation and formulation of
decarbonisation plan with specific interim
targets
• Data gap analysis and initiation of data
collection from customers
• Identification of climate & environmental risks,
to integrate into Bank's Risk Management
Green Asset Ratio
&
Green Mortgage Ratio
Steadily increase
Continuously enriching environmentally
friendly products in line with Recovery &
Resilience Plan of Cyprus
.
≥30% women
in Group's management bodies1
by 2030
24% as at 31 December 2021
33% at Board level as at 31 Dec 2021
38% for key positions below Extended
EXCO as at 31 December 2021
Committed to Diversity & Equal
Opportunities
1)
EXCO and extended EXCO
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