The Santander Bank Polska’s ESG report 2021 is already the ninth report presenting our organisation’s impact on environmental, social and economic issues and describing our management practices. The report covers the period from 1 January, 2021 to 31 December, 2021, unless it is explicitly stated otherwise in the report. Our reports are published annually.
The previous Report for 2020 was presented on 3 September 2021.
The report was prepared in accordance with the Global Reporting Initiative (GRI) international standard, at the Core level.
The report presents information that is most relevant from the point of view of investors, regulators and the European Union. These include ESG (Environmental, Social, Governance) indicators, European Commission guidelines on non-financial climate-related disclosures, and UNEP FI – Principles for Responsible Banking.
An integral part of the ESG 2021 Report is the Santander Bank Polska S.A. climate report developed using the TCFD recommendations . The methodology of the report, as well as its scope and references to individual TCFD recommendations are detailed in the report.
For the purpose of the TCFD report and to enhance Santander Bank Polska S.A.’s climate resilience, we conducted an analysis that allowed us to identify in detail climate risks and opportunities based on two climate scenarios, covering three timeframes: short-term (2025), medium-term (2030) and long-term (2050).
The analysis spanned the entire value chain and all the markets in which Santander Bank Polska S.A. operates.
The report also refers to international guidelines and objectives relevant to our organisation and the financial sector, such as: