OTP Bank`s strategic steps towards sustainable development
In line with the vision of OTP Group, we aim to act as a responsible partner, employer and active social actor. For us, sustainability and ESG are not only essential to the long-term viability of the business, but also key drivers of continuous improvement. In an uncertain environment, embedding sustainability principles is critical to ensuring resilience, fostering trust, and enabling a sustainable future.
OTP Bank takes into account social, environmental, and economic factors in its business decision-making, operations, and business development. Our primary objective is to be a responsible and trusted partner for all our stakeholders and to contribute to sustainable development and common prosperity.
OTP Bank`s mission
To create value and contribute to a sustainable future by offering responsible, ethical and secure financial solutions that bring together expertise, innovation, transparent and responsible business practices, and strong partnerships.
In today’s business environment, ESG has become a key tool for ensuring the Bank`s long-term sustainable development. Since 2024, we have been developing our ESG Strategy, which reflects national specificities while aligning with the core principles of OTP Group`s strategy.
Learn more about the ESG strategy of OTP Group.
As a financial institution, we recognise our role in driving the green transition towards sustainable consumption, a circular economy and responsible business practices. Therefore, we aspire to become one of the leading providers of green and sustainable finance in Ukraine.
Previous versions of OTP Bank’s ESG Strategy have laid a solid foundation for building a resilient, viable and transparent framework for managing environmental and social factors and risks. Taking into account progress made against strategic objectives in recent years, as well as increasing expectations from society and international partners, the Bank’s ESG Strategy for 2026 has been developed. It applies across OTP Bank’s entire network in Ukraine, covers all employees, and governs relationships with third parties.
Purpose of OTP Bank’s ESG Strategy for 2026
Further development of a relevant, comprehensive and transparent roadmap for integrating all ESG components into the Bank’s operations.
Key strategic areas:
OTP Bank’s ESG Strategy for 2026 provides for the following:
- implementing and enhancing all components of the Environmental and Social Management System (ESMS);
- updating of policies and aligning internal processes with evolving regulatory requirements, global sustainability standards, the requirements of international partners, and stakeholder expectations;
- further integrating of environmental and social risk management into lending processes, while embedding ESG considerations into operational risk management;
- developing dedicated green products and the expanding the Bank’s green portfolio, based on clearly defined and verified sustainability criteria (currently aligned with the parent bank’s Sustainable Finance Framework, with future alignment to the EU Taxonomy and Climate Bonds Taxonomy);
- strengthening the Bank’s GHG inventory and emissions management, including improving tracking and reducing its carbon footprint;
- enhancing ESG and sustainability training for all OTP Bank employees;
- implementing environmental and social responsibility initiatives (including improving financial literacy, promoting financial inclusion, cooperation with charitable organisations, and employee mental well-being, among others).
