For the second year in the International Dow Jones Sustainability Index Emerging Markets
Piraeus Bank joined for the second consecutive year the international corporate sustainability assessment index, Dow Jones Sustainability Index Emerging Markets. Piraeus Bank continues to be the only Greek company that has joint the said Index, which includes 10% of the best companies, based on the corporate sustainability performance, from the 800 largest companies in developing economy countries.
The integration of the Bank in the Dow Jones Sustainability Index Emerging Markets was carried out after evaluation by RobecoSAM Corporate Sustainability Assessment.
Compared to 2014, Piraeus Bank was rated higher in terms of criteria relating to the social dimension of its activities, such as inter alia, the support of local communities in the region of Greece through the Piraeus Group Cultural Foundation Museums Network. The Bank's contribution to the modernization of the economy primary sector also affected positively to the final evaluation through the Contract Farming and Livestock Breeding Program, as well as the smooth integration in the Agency of Human Resources that resulted from mergers of the years 2012-2014, a fact that was achieved through a series of specialized programs.
The initiatives for the environment protection were graded for the second year with honors, a fact that confirms on the one hand the effective operation of the EMAS certified Environmental Management System and on the other hand the leadership of Environmental Banking, which through green products (Green Banking), supports and finances environmentally and socially responsible investments.
The Dow Jones Sustainability Indices monitor the performance of pioneering companies, which operate under corporate sustainability conditions, and are addressed to international investors seeking sustainable investment opportunities with long-term shareholder value. For the evaluation are taken into account the global sustainability trends, whereas specifically the strategies and practices followed by the companies for dealing with climate change, energy consumption, development of human resources, management of relations with interested parties and corporate governance are examined.
Athens, 28 September 2015