Integrated Report 2021

Scope of reporting

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BNP Paribas Bank Polska S.A. has been publishing integrated annual reports in a digital version since 2019 and shares them on the website:

Annual reports of BNP Paribas Bank Polska S.A. for the previous years, including reports containing non-financial data published since 2011, are available on the Bank’s website: and

  • Management Board report on the activities of the BNP Paribas Bank Polska S.A. Group in 2021 (including Report on activities of BNP Paribas Bank Polska S.A.)
  • Financial statements of the BNP Paribas Bank Polska S.A. Group and BNP Paribas Bank Polska S.A. for the year ended 31 December 2021
  • The ESG report presenting non-financial information of BNP Paribas Bank Polska S.A. and BNP Paribas Bank Polska S.A. Group in 2021

This Report covers the period from 1 January to 31 December 2021 unless stated otherwise. This Report presents the activities as well as financial and non-financial data of the BNP Paribas Bank Polska S.A. Group comprised of BNP Paribas Bank Polska S.A. as the parent company and the following companies within the BNP Paribas Bank Polska S.A. Group as of 31 December 2021. These are:

  • BNP Paribas Towarzystwo Funduszy Inwestycyjnych S.A.
  • BNP Paribas Leasing Services Sp. z o.o.
  • BNP Paribas Group Service Center S.A.
  • BNP Paribas Solutions Sp. z o.o.
  • Bankowy Fundusz Nieruchomościowy Actus Sp. z o.o.
  • Campus Leszno Sp. z o.o.
  • BGZ Poland ABS1 Designated Activity Company

This Report fulfils the formal requirements coming from the Ordinance of the Minister of Finance dated 29 March 2018 on the current and periodic reports disclosed by the securities issuers and on equivalence of information disclosures required by law of non-EU member states and the Polish Accounting Act.

The consolidated financial statements have been prepared in accordance with the International Financial Reporting Standards approved by the European Union.

The report takes into account best market practice and refers to national and international guidelines relevant to business and the financial sector in particular:

  • Amendment of the Accounting Act of 29 September 1994 (Journal of Laws of 2021, item 217) implementing the EU Directive 2014/95 on non-financial reporting directive (NFRD) into Polish legislation,
  • Global Reporting Initiative (GRI) – international non-financial reporting GRI Standards at the core compliance level (Core),
  • Best Practice of WSE Listed Companies 2021 (DPSN 2021),
  • ESG Reporting Guidelines prepared by the Warsaw Stock Exchange (WSE) in cooperation with the European Bank for Reconstruction and Development (EBRD),
  • The International Integrated Reporting Council (IIRC) Guidelines,
  • Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) on climate risk reporting,
  • Disclosure requirements for listed companies as required by the Sustainable Finance Disclosure Regulation (SFDR),
  • EU Taxonomy Regulation,
  • Draft Corporate Sustainability Reporting Directive (CSRD),
  • The 2030 Agenda including the UN Sustainable Development Goals,
  • The 10 principles of the United Nations Global Compact.

There were no significant changes in the Bank’s size, structure, form of ownership or supply chain during the reported period. The data reported in previous years do not need to be corrected. Significant reporting topics have changed in the current Report.

Following the application of the latest available version of the GRI Standard 403: „Occupational Health and Safety 2018” in 2021, which, compared to previous versions, does not include the employee absence ratio, and as a result of the analysis of the BNP Paribas Group’s reporting practices, the Bank has abandoned reporting on the above ratio this year. In addition, the calculation of greenhouse gas emissions was extended to include refrigerants. For comparability of data, data for 2020 have also been updated. At the same time, we assure that this change does not affect the comprehensiveness of disclosure of material reporting topics. In other respects, there were no changes in scope, coverage or measurement methods used compared to the previous Report.

In the process of preparation of the Report we were supported by an independent educational and advisory company CSRinfo. The publication was subject to additional external verification carried out by Bureau Veritas (read the Statement).

The previous integrated report was published on 15 April 2021 and is available at:

The ESG reporting process

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We have included in the Report the relevant information on the Bank’s strategy, management, performance and prospects. This information was presented taking into account the economic, social and environmental context. In accordance with the guidelines of the NFRD Directive and the ESG Reporting Guidelines of the Stock Exchange and the European Bank for Reconstruction and Development, we have applied a two-fold materiality perspective both in the process of identifying material reporting topics and in the way they are presented in the Report. In doing so, we have taken into account actual and potential ESG risks and opportunities that could have a material impact on the Bank’s operations and financial performance, as well as the Bank’s impact on sustainability issues. In accordance with the GRI Standards the process of identifying material reporting topics was carried out in three stages: identification, prioritisation and validation.

At the identification stage, we identified key issues in the Bank’s economic, environmental and social responsibility. To this end, we analysed the Fast Forward Strategy together with the CSR and Sustainability Strategy. We also analysed opinions of the Bank’s stakeholders, guidelines for the financial sector, as well as trends in our industry.

In order to prioritise key issues, we conducted a survey among the Bank’s internal and external stakeholders. The survey was completed by employees of the companies and organisational units covered by the reporting and representatives of key groups of the Bank’s external stakeholders, including business partners and suppliers, members of local communities, individual customers, capital market representatives, representatives of the market environment and institutional partners.

The issues identified by the Bank and indicated in the survey were verified and clarified by representatives of the Bank’s management, including members of the Sustainability Council. The validation of the reporting topics took place during a strategy workshop as part of the work on the Report. In the course of the review of the materiality of non-financial reporting topics, thirteen most significant issues were identified, which we have indicated below.

Material topics for the Bank's non-financial reporting for 2021

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All reporting topics that have been identified as significant in the process of determining the content of the Report affect both our organisation and its objectives, as well as our environment (according to the principle of two-fold materiality). In describing the Bank’s most material non-financial reporting topics, we present the approach to managing these topics as well as the corresponding indicators. The key topics are also included in a materiality matrix, which shows their importance for the Bank and external stakeholders.

ESG-matrix-bnp-v3_eng (1) ESG-matrix-bnp-v3_eng (1)

In addition, we provide a list of the Bank’s most relevant non-financial reporting topics for 2021, compared with the UN Sustainable Development Goals, with which they correspond and whose implementation we support under each topic.


Topic UN Sustainable Development Goals Place in the report
1. Offering products and services that respond to (social and/or) environmental challenges
2. Digitisation of banking services and products
3. A friendly workplace, responsible employment management and diversity
4. Education and development of employees
5. Charity and philanthropic activity (including BNP Paribas Foundation projects))
6. Ethics in internal and external relations
7. Responsible selling of products and services and self-regulation in this respect
8. Offering innovative banking services and products
9. Simple and transparent communication
10. Summary of the Bank’s development strategy for 2018-2021 (Fast Forward Strategy)
11. Impact of the Covid-19 pandemic on the Bank’s operations and performance
12. Reducing the negative impact of operating activities on the environment
13. Reducing the carbon footprint of the loan portfolio

We would like to express our appreciation to the employees of the Bank and the BNP Paribas Capital Group, and BNP Paribas Group in Poland for their involvement and their contribution to the preparation of the present publication!

Thank you for reading the Report. Feel free to contact us to share any comments you may have on the reported contents.

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CSR and Sustainable Finance Department

Maria Krawczyńska

Head of the CSR & Sustainable Finance Department
Member of Management Board of BNP Paribas Foundation in Poland

Agnieszka Michalik-Stankowska

CSR & Sustainable Finance Manager

Magdalena Obłoza

CSR & Sustainable Finance Expert

Alicja Romanowska

CSR & Sustainable Finance Junior Specialist

Investor Relations Bureau

Katarzyna Tatara

Head of the Investor Relations Bureau

Konrad Anczaruk

Senior Investor Relations Expert

Izabela Święs-Szywacz

Investor Relations Expert

Monika Zaręba

Investor Relations Expert

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