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Timeline of environmental policy and strategy of the Piraeus Bank Group


Establishment of the Green Banking sector, which included, inter alia, the Green Banking Operations Division.

Design of new green products for businesses and individuals.

Evolution of Piraeus Bank’s subsidiary, ETVA VIPE, to an R&D center for green investments and practices.

Approval by the Board of Directors of the revised Environmental Policy, emphasizing green banking and sustainable development.

Adoption by the BoD of the Strategy on Climate Change.

Designation of Green Banking Advisors in selected branches throughout Greece to provide specialized consulting services for green business.

Appointment of a member of the BoD as responsible for environmental issues.

Initiation of Climabiz (2010 – 2012), the second co-funded LIFE European project of Piraeus Bank.

Appointment of an Environmental Management Coordinator in every branch and administration building.

Training of 2,500 employees on green banking issues.

Certification of the Bank’s Environmental Management System (EMS) under ISO 14001 and EMAS.