Financial Analysis and Currency Deposits
Organisational resilience & ESG agenda: driving the transition to a sustainable
future
Driving improvements in social and governance pillars and increasing focus on the environmental pillar, by transforming not only its
operations but also its client chain
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Initiation of decarbonisation of the Group's operations
and portfolio in 2022
Approval of Green Lending Policy based on the Green
Loan Principles (GLPs)
Environmental products launched in line with ESG
Strategy, under Fil-eco product scheme
。 Car Hire Purchase for a new hybrid/electric car
o Home renovation for energy efficiency upgrade
。 Energy loan for the installation of energy saving
systems (e.g: photovoltaic systems)
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555kWh energy savings for 1H2022
1)
c.€142k investment in energy-saving for 1H2022
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Environment
Social
Governance
BOC Oncology centre
cumulative investment of c.€70 mn since 1998
• 60% of diagnosed cancer cases in Cyprus are being treated at the Centre
Network #SupportCy1
142 members contributing >€780k to the society (monetary,
products and services) since Mar 2020
Bank of Cyprus Cultural Foundation
Promoting cultural heritage
IDEA
Non-profit organization, acting as incubator accelerator for start-ups
since establishment
82 new companies created, 6,500 entrepreneurs trained
€3.75 mn invested in startup business creation
Training and Development
.
>3,200 FTEs; continuing upgrading skill set through training and
development opportunities
Robust governance structure to oversee ESG agenda;
progress on implementation is monitored by Sustainability
Committee and Board of Directors
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40% at Board level are female as at 30 June 2022
38% for key positions below Extended EXCO are female as at 30
June 2022
SupportCY is a network of companies and NGOs, created and coordinated by Bank of Cyprus since March 2020, with the aim to support the public services performing frontline duties during the Pandemic. SupportCY
has become the leading network for offering assistance and support to the Society in general. The members on 30/06/22 were 142 companies and NGOs.
MSCI
ESG RATINGS
AA
CCC
B
BB BBB A
AA
AAA
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