The natural environment

The climate policy sets out the directions of activities of Bank Ochrony Środowiska S.A. aimed at counteracting climate change, adapting to climate change and achieving by the bank the emission reduction targets in accordance with the provisions of the ESG Strategy. The policy supports the implementation of tasks arising from documents on sustainable financing and reporting of climate-related information. The climate policy of BOŚ takes into account the provisions of the Paris Agreement and the legislative packages of the European Union such as the European Green Deal, Fit for 55 and national strategic documents.

The objectives of the Policy will be implemented through activities focused on:

• reducing the Bank's carbon footprint,
• supporting clients' climate transformation,
• limiting financing for carbon-intensive sectors and projects,
• managing the risks associated with climate change,
• taking advantage of opportunities and possible positive effects of climate change.

• Climate policy

The environmental policy of Bank Ochrony Środowiska S.A. refers to the bank's impact on the natural environment, specifies plans and obligations that are to minimise the risks resulting from inappropriate use of natural resources. It is an update of the policy introduced by BOŚ in 2011 , which was extended to include: ESG aspects in business decisions and regular monitoring of the bank's carbon footprint.

The policy defines the obligations of BOŚ regarding, among others, meeting the legal requirements with regard to environmental protection that relate to the bank, promoting sustainable development among customers, preventing pollution, applying good market practices in the field of environmental protection and promoting environmental knowledge awareness stakeholders.

• Environmental policy

We also pursue our pro-environmental mission in relation to our own operational activities. Since 2020, we have been continuously calculating greenhouse gas emissions related to the Bank’s operational activities on an annual basis, and since 2023 (for 2022) – those of the entire BOŚ Capital Group. The Group includes: Bank Ochrony Środowiska S.A., Dom Maklerski BOŚ, BOŚ Leasing S.A. and the BOŚ Foundation.

The results of our carbon footprint calculations are subject to independent verification in order to ensure the highest possible credibility of the data. In 2025, the results of the BOŚ Capital Group’s carbon footprint calculations - forming part of the sustainability report - were verified by a statutory auditor.

Furthermore, in 2025 the BOŚ Capital Group became a member of the PCAF (Partnership for Carbon Accounting Financials), an international partnership responsible for the development and advancement of standards for calculating greenhouse gas emissions associated with financed activities.

We calculated the carbon footprint for the BOŚ Capital Group across three scopes:

Scope 1 covers direct emissions resulting from the activities of the Capital Group. Examples include combustion in owned or controlled sources and the use of company vehicles.

Scope 2 covers indirect emissions associated with the generation of energy, heat, or cooling purchased and used by the BOŚ Capital Group. Emissions from their use physically occur within the organization’s boundaries. The calculations for Scope 2 emissions were carried out using the Corporate Standard (GHG Protocol). In accordance with its assumptions, an organization is required to determine emissions from purchased and consumed electricity, steam, heat, or cooling. The calculations are performed using two methods: location-based and market-based.

Scope 3 covers indirect emissions arising from sources that are neither owned nor controlled by the BOŚ Capital Group. Under Scope 3, the following categories were reported:

Category 1: Purchased goods and services (paper, water),

Category 3: Fuel- and energy-related activities,

Category 4: Transportation and distribution (courier services),

Category 5: Waste generated in operations,

Category 6: Business travel,

Category 7: Employee commuting,

Category 8: Leased assets (upstream),

Category 13: Leased assets (downstream),

Category 15: Investments.

Calculated emissions of the Bank and of the BOŚ Capital Group as a whole in 2024, broken down by individual categories and scopes, are presented in the table:

Verification Statement for 2020

Verification Statement for 2021

Verification Statement for 2022

Verification Statement for 2023

We base our knowledge of the directions of development of pro-ecological undertakings and transformation projects of our clients on the education and experience of our expert team, which includes engineers - environmentalists. The ecologists at Bank Ochrony Środowiska support clients at every stage of investment project implementation. They assist the bank’s clients in preparing and financing environmentally friendly projects and often inspire additional actions that reduce the negative impact of companies on the environment. Among other things, they ensure that funds allocated for eco-friendly projects are spent in accordance with the requirements of environmental law. BOŚ experts also help develop an optimal investment financing model, which is particularly valuable when preferential financing conditions or grants from national and EU funds are involved.

Investments supported financially by us are monitored for both the achievement of expected business results and ecological outcomes, which is a distinctive feature of our approach in the market.

The bank’s ecological staff eagerly share their knowledge. For this reason, Chief Ecologists participate in trade fairs, seminars, and thematic conferences. They publish articles in industry press and online portals. They actively participate in advisory teams related to nationwide programs, including the “Clean Air” Program and the “My Electric Vehicle” Program. They also prepare substantive materials and analyses for the Management Board and other organizational units of the bank.

• Environmental engineers at BOŚ

Supporting the system for financing ecological investments in Poland has been the most important task carried out by BOŚ since its inception. Our efforts to improve the quality of the natural environment in Poland are strongly grounded in the bank’s thirty-year history. We approach the development of products that support financing broadly understood ecological investments with particular commitment. The eco-friendly financial products we offer are designed in accordance with the principles of sustainable development.

We engage in initiatives related to the introduction of financial products that support climate change mitigation and adaptation, the transition to a circular economy, the reduction of pollutant emissions, and the sustainable use and protection of water resources.

Bank Ochrony Środowiska works closely with the key institutions that form the national system for financing environmental protection: the National Fund for Environmental Protection and Water Management, as well as the Regional Funds for Environmental Protection and Water Management, supporting the implementation of ecological investments in the country’s priority areas of environmental policy.

Our ECO offer complements the priority programs of the National Fund for Environmental Protection and Water Management. It expands the accessibility and opportunities for financing ecological investments, enabling even greater progress in addressing environmental challenges.

• Individual clients
• Small and medium-sized enterprises (SMEs)
• Communities and NGOs
• Corporations

Since the 1990s, Bank Ochrony Środowiska has been regularly publishing its Environmental Report. This annual publication summarizes current challenges related to environmental protection at both global and national levels, issues concerning climate change and environmental conservation from various perspectives, as well as specific actions taken by BOŚ in these areas. One of the key elements of the Environmental Report is the presentation of BOŚ’s specialized financial offerings and a summary of the ecological impacts resulting from the projects financed by the bank. The reports also include case studies of investments carried out by the bank’s clients.

Since 2020 the Ecological Report of Bank Ochrony Środowiska has taken on a new form, continuing under the name ESG Report.

Ecological Reports