Energy consumption
Piraeus Group monitors and manages the impacts it has on the environment and calculates its annual “carbon footprint”. It sets targets to reduce emissions from its operations, lending, and investments.
Electricity consumption
The energy utilized in Piraeus’ operations primarily stems from electricity, heating fuel and employee business travel. Specifically, Piraeus Group uses electricity in its buildings for lighting, running electrical and electronic devices, and air conditioning, and in many buildings, it is also used for heating.
The assessment of operational environmental aspects indicates that electricity is the main stream of Piraeus’s environmental impacts. For this reason, Piraeus designs and implements various environmental projects, aimed at reducing electricity consumption and improving its carbon footprint from its operational activities.
The assessment of operational environmental aspects indicates that electricity is the main stream of Piraeus’s environmental impacts. For this reason, Piraeus designs and implements various environmental projects, aimed at reducing electricity consumption and improving its carbon footprint from its operational activities.
Piraeus Group - Electricity consumption
For the year 2024Energy consumption concerns Piraeus Group.
337.216
Guarantees of Origin
Piraeus Bank - Electricity consumption
For the year 2024Energy consumption concerns Piraeus Bank.
1/3
34.46
104.17
Piraeus Bank - Electricity consumption
For the year 2024Energy consumption concerns Piraeus Bank.
1/2
Motion detectors
Energy office
LED
Net metering
Branch models
Environmental performance
For Piraeus Group
- Piraeus Group purchased Guarantees of Origin (GOs) from its electricity providers leading to reduced Scope 2 emissions as per market-based methodology. Specifically, a recall was made for 48.532 GWh, confirming that for the specific amount of electricity consumed, the same amount of energy was generated from RES.
For Piraeus Bank
- 32% reduction of total electricity consumption versus 2019