Climate Change Data

Environmental Metrics

ESG Focus Areas

• Inhouse ecology
• Community Investments
• Employees
• Sustainable Financing
• Compliance (regulation and control)
• Societal Aspects within the Core Business

Environmental Achievements

• Reduced electricity consumption by 3.2% year-on-year compared to 2021.
• Generated 38 MWh electricity from solar panels in 2022.

Social Achievements

• Supported various community projects in culture, education, and innovation.
• Distributed 500 schoolbags with school materials to children from families receiving social support.
• Maintained 55% women in the workforce and achieved 40% women representation in management.

Governance Achievements

• Implemented strict measures to ensure compliance with increased regulatory requirements.
• Developed an ESG rulebook for sustainable customers and transactions.
• Established a process to prevent greenwashing.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions and high inflation impacting SMEs.
• Unwillingness of companies to combat climate change leading to global warming effects.

Mitigation Strategies

• Focused on supporting SMEs in overcoming difficulties through relationship management and digitalization.
• Set environmental targets to reduce in-house CO2 emissions by 25% by 2030.
• Prioritized purchasing regional or local products (62% share from local suppliers in 2022).

Supply Chain Management

Responsible Procurement

• Prioritizing regional or local products

Climate-Related Risks & Opportunities

Opportunities

• Consistent cost-cutting measures in business travel and energy consumption.

Reporting Standards

Frameworks Used: GRI Standards

Awards & Recognition

• Bank of the Year (The Banker)
• Best Bank (EMEA Finance Europe Banking Awards)
• Taxpayer of the Year 2022 (Kosovo Chamber of Commerce)