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2018 Financial and Social Report

The Bank Group minimizes its environmental impact through rational management of materials, monitoring the consumption of water, energy and fuel, introducing environmentally-friendly solutions in its operations, encouraging employees and customers to participate in educational campaigns.

The indicators of the Bank’s environmental impact are measured regularly. Environmental campaigns are conducted based on analyses of changes in these indicators. Environmental objectives relating to the consumption limits for materials, energy, fuels and water are included in the objectives imposed on managers of individual departments at the Bank. Fulfillment of these objectives is monitored on a regular basis and reported to the Management Board. [GRI 103-1, 103-2, 103-3]

The Bank Group observes environmental protection regulations (Act on Waste) that impose an obligation of properly managing waste by collecting the requisite documentation (including the Waste Transfer Card), preparing and submitting reports to the pertinent Marshal’s Offices on the type and quantity of waste created. A company energy audit is conducted once every 5 years.

The key risks associated with the failure to manage environmental impact involve the possibility of criminal and financial sanctions and reputation loss. Since the Group’s operations are not excessively burdensome on the environment, these risks are not assessed as being high. [GRI 102-11]

In 2018 the Bank Millennium Group did not receive information on any case of it infringing the environmental protection regulations. [GRI 102-30, 307-1]