ESG reporting of Santander Bank Polska appreciated by Global ESG Monitor

Goal 3 - Good health and well-being
Goal 4 - Quality eduaction
Goal 5 - Gender equality
Goal 8 - Decent work and economic growth
Goal 9 - Industry, innovation and infractructure
Goal 11 - Sustainable cities and communities
Goal 13 - Climate action
Goal 17 - Partnerships for the goals

Santander Bank Polska’s ESG reports were the highest rated of all companies listed in the WIG20 index. In the Global ESG Monitor (GEM) ranking, the bank came in 1st place scoring 76 out of 100 possible points. SBP was the only Polish company to exceed the threshold of 75 points, which indicates very high transparency in reporting.

GEM 2022 ranking – WIG20:

  1. Santander Bank Polska SA (76 points)
  2. PZU SA (69 points)
  3. PKN Orlen SA (68 points)
  4. CCC SA (65 points)
  5. Orange Polska SA (64 points)
  6. PGE SA (61 points)
  7. Allegro.eu SA (59 points)
  8. Bank Pekao SA (57 points)
  9. PGNiG SA (57 points)
  10. KGHM Polska Miedź SA (56 points)

GEM is the standard for analyzing the transparency of non-financial ESG data at the world’s largest corporations. The report is published annually and includes information provided to investors in Europe, North America, Asia and Australia.

The Global ESG Monitor 2022 indicates that ESG reporting of Poland’s largest companies needs further improvement. With a score of 51 points out of a possible 100, the WIG20 ranks penultimate among all 10 stock market indices studied. The average for all analyzed indices is 55 points.

The biggest drawback of the Polish reports is the lack of specific information on carbon footprint reduction and supply chain transparency. They have been praised for their extensiveness but analysts say this does not always translate into real informational value.

It is noteworthy that all the WIG20 companies surveyed identify the main sources of carbon emissions. They also report greenhouse gas emissions. However, a quarter do not report emission reduction targets and timelines. It was also noted that most of the WIG20 companies have conducted an assessment of the materiality of their impact on the environment. Despite this, there is little information in the reports about the importance and impact of stakeholders on the companies’ performance. Most Polish companies also fare poorly when it comes to disclosing information on supply chains. As many as 70% of companies do not report on the risks associated with their supply chains.

For more information about the ranking and the performance of Polish companies, please go to:

The GEM Regional Report for Poland 2022 is out now