We pursue our proecological mission also in our own operational activity. Since 2022, we have been continuously calculating emissions related to the Bank’s operating activities on an annual basis, and from 2023 (for 2022) the entire BOŚ Capital Group, which include: Bank Ochrony Środowiska S.A., Dom Maklerski Banku Ochrony Środowiska S.A. (DM), BOŚ Leasing- EKO Profit S.A. (BLEP) and BOŚ Foundation. Our emission calculations are subject to independent verification to achieve the highest possible reliability of the results.
In line with the ESG Strategy, we have the ambition to systematiclly reduce our carbon footprint and we want to achieve this purpose in the scientific base, which is why in 2021 we joined for the Science Based Target initiative, supporting the decarbonization strategy.
We calculated the carbon footprint of the BOŚ Capital Group for 3 scopes:
Scope 1 includes direct emissions resulting from the activities od the Capital Group. Examples of activities include burning in own or controlled sources or the use of company vehicles.
Scope 2 includes indirect emissions related to the generation of energy, heat or cold, purchased and used by the BOŚ Group. Emissions from its used are physically within the company boundaries. To carry out emission calculations for Scope 2 was used the Corporate Standard (GHG Protocol). According to its assumptions, the organization is obliged to determine the emissions and consumed electricity,steam, heat or cold. The calculations are carried out taking into account two methods: location based and market based.
Scope 3 includes indirect emissions from sourses that are not owned or controlled by the BOŚ Group. Within Scope 3, the following categories were reported:
- category 1. Purchased goods and services (paper, water),
- category 3. Fuel- and energyrelated activities,
- category 4. Transportation and distribution (courier services),
- category 5. Waste generated in operations,
- category 6. Business travel,
- category 7. Employee commuting,
- category 8. Upstream leased assets,
- Category 13. Downstream leased assets.
The level of the bank’s and total BOŚ Capital Group’s calculated issues in 2022, with particular categories and scopes, is presented in the table:
Category | Scope | Emission 2022 [Mg CO2eq] |
BOŚ S.A. | Other companies of the Capital Group (DM, BLEP, Foundation) | BOŚ Capital Group (together) |
Company cars and operating leases – fuel (diesel, petrol) | I | 4,4 | 1 462,0 | 1 466,4 |
Natural gas - fuel | 43,9 | 12,0 | 55,9 |
Electicity - location | II | 2 154,0 | 1 137,8 | 3 291,8 |
Electricity - market | 0 | 451,4 | 451,4 |
CO energy | 493,5 | 131,2 | 624,7 |
Electricity - transmission | III | 139,0 | 72,8 | 211,8 |
Electicity – remote work | 49,8 | 17,2 | 67,0 |
Water intake | 2,0 | 0,1 | 2,1 |
Printing paper | 41,4 | 1,3 | 42,7 |
Curier posts | 9,7 | 0,8 | 10,5 |
Business travels | 28,6 | 7,3 | 35,9 |
Commuting to work | 646,6 | 232,4 | 879,0 |
Municipal sewage | 3,6 | 0,3 | 3,9 |
Upstream leased assets | 173,7 | 16,5 | 190,2 |
Downstream leased assets | 0 | 13,7 | 13,7 |
Sum - location based | | 3 790,1 | 16 764,8 | 20 554,9 |
Sum - market based | | 1 636,2 | 16 078,4 | 17 714,6 |
Scope I | | 48,3 | 1 475,4 | 1 523,7 |
Scope II - location based | | 2 647,4 | 1 269,0 | 3 916,4 |
Scope II - market based | | 493,5 | 582,6 | 1 076,1 |
Scope III | | 1 094,5 | 14 020,3 | 15 114,8 |
Compensating our carbon footprint, we took an active part in pro-ecological activities, such as planting trees in nearby forest districts. In 2022, we manager to plant nearly 2,750 tree seedlings, including: beeches, pines, oaks, firs and Scots pine. In this way, employees of the BOŚ Capital Group contributed to environmental protection and increased the numer od trees in the area of their workplace.
We also took part in the auction of Carbon Dioxide Units (CDU) organized by the State Forests. Each CDU corresponds to one tonne of CO2 additionally absorber as a result of the activities carried out under the Forest Coal Farms project. BOŚ purchased 5,202 CDU. Revenues from the auction will be allocated for the purposes indicated by individual buyers – from programs for the protection of endangered species, trough the construction of forest tourist infrastructure, to the purchase of land for afforestation.