Submitted by: Piraeus Bank
Posted: Sep 11, 2017 – 09:55 AM EST
ATHENS, Greece, Sep. 11 /CSRwire/ - Piraeus Bank received the Diamond distinction for its Corporate Responsibility, during the recent assessment of the Corporate Responsibility Index (CRI), which in Greece is coordinated by the Corporate Responsibility Institute.
The distinction, which was awarded to Piraeus for the first time, came as recognition of the bank’s multifaceted Corporate Responsibility strategy, which aims, among other, to:
Preserve the interests of the bank’s shareholders and customers with excellent and transparent Corporate Governance procedures
Support green entrepreneurship with dedicated products and services
Protect the environment by implementing the Environmental Management System -certified under EMAS- and addressing environmental challenges, such as climate change and the protection of biodiversity, with innovative solutions
Preserve and enhance Greece’s cultural heritage through the Piraeus Bank Group Cultural Foundation
Implement specific policies and practices that engage the bank’s employees
Of particular importance was the development of the Environmental and Social Management System (ESMS), with which the Bank aims to reduce the overall environmental and social risk of the Group's loan portfolio.
Piraeus Bank participated in the CRI assessment for the 9thconsecutive year and is the only bank to have received the Diamond distinction in Greece. This confirms the firm commitment of the Bank’s Management to sustainability, the active involvement of its employees and illustrates the incorporation of its Corporate Responsibility Principles into the Group's activities.
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