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Report 2022

Human rights

Regulations reflecting 10 Principles of the UN Global Compact

As a member of the United Nations Global Compact, Bank Pekao fully identifies with the 10 Principles of Global Compact, supports the efforts of that organization towards sustainable development and undertakes numerous initiatives promoting respect for human rights, improvement of working conditions, environmental protection and the fight against corruption. The individual principles of the UN Global Compact are reflected in the policies and internal regulations of the Bank and the Pekao Group referred to in this Statement.

Human Rights

  • Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
  • Principle 2: make sure that they are not complicit in human rights abuses.


  • Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
  • Principle 4: the elimination of all forms of forced and compulsory labour;
  • Principle 5: the effective abolition of child labour; and
  • Principle 6: the elimination of discrimination in respect of employment and occupation.


  • Principle 7: Businesses should support a precautionary approach to environmental challenges;
  • Principle 8: undertake initiatives to promote greater environmental responsibility; and
  • Principle 9: encourage the development and diffusion of environmentally friendly technologies.


  • Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.
  • Code of Conduct of the Pekao Group
  • ESG Strategy 2021-2024 “Responsible Bank supporting sustainable development”
  • Collective Labor Agreement
  • Work Regulations of Bank Polska Kasa Opieki Spółka Akcyjna
  • Bank Pekao S.A. Compliance Policy
  • Ownership supervision policy over subsidiaries and with the participation of Bank Polska Kasa Opieki Spółka Akcyjna
  • Corruption Prevention Policy of the Bank Pekao S.A. Group
  • The Whistleblowing Policy of Bank Pekao S.A.
  • Mobbing Prevention Policy of Bank Polska Kasa Opieki Spółka Akcyjna
  • Credit risk policy
  • Policy and procedure for selecting an audit firm to conduct audit of financial statements of Bank Pekao S.A. and the rules of cooperation with the audit firm, auditor and supervisory authority
  • Equality and diversity policy with regard to the Members of the Supervisory Board, Members of the Management Board and persons holding Key Functions at Bank Polska Kasa Opieki Spółka Akcyjna
  • Policy of selecting candidates for the position of a Management Board member and the Key Function and assessment of the suitability of proposed and appointed members of the management board, supervisory board and key functions at the Bank
  • Capital Management Policy of Bank Polska Kasa Opieki Spółka Akcyjna
  • Procurement Policy of Bank Polska Kasa Opieki Spółka Akcyjna;
  • Bank Pekao S.A. Group Policy on Counteracting Practices Restricting Competition and Practices Violating the Collective Interest of Consumers
  • Procedure for counteracting money laundering and financing of terrorism in Bank Polska Kasa Opieki Spółka Akcyjna,
  • Procedure of periodic evaluation of employees of Bank Polska Kasa Opieki Spółka Akcyjna
  • Principles for granting donations and sponsoring by Bank Polska Kasa Opieki Spółka Akcyjna

In addition, in its activities, the Bank adheres to:

  • The Best Practice for GPW Listed Companies 2021
  • Code of Banking Ethics (Principles of Best Banking Practices
  • Charter of Best Practices in the Financial Market

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