In its operations, the bank applies the principle of sustainable development and pays increasing attention to the manner of using natural resources. In response to climate change, we began analysing the bank’s impact on the natural environment and we introduced climate factors as one of the criteria to be considered in sector policies, including with respect to high-emission industries. We also assessed the amount of greenhouse gases resulting from the bank’s operating activities – we started mapping the product portfolio and launched an ESG project to coordinate works on social, environmental and corporate governance challenges. Our actions to-date are reflected in the improvement of the bank’s ESG ratings.
In the coming years, the development of the PKO Bank Polski Group will be determined by how we use the potential of digital transformation. This global trend is our greatest inspiration, and its skilful adoption will bring successes such as those achieved by IKO – our flagship mobile app. In 2019, it was rated as the best in the world for the second time in a row according to customer opinions in the ranking of the British monthly Retail Banker International. IKO earned the largest number of positive opinions from among 100 banks globally that were included in the ranking. Our intention in developing our mobile banking is to make it as simple and as intuitive as possible, and this is what has gained the customers’ highest appreciation. Currently, IKO boasts more than 4.2 million active applications and a rapid increase in the number of transactions made via smartphones, making the bank the leader of mobile banking in Poland.
Today, the use of modern technologies and innovative solutions is the key to success in almost every field of life. Therefore, we are not stopping in our efforts to ensure that developments in this area contribute to building even more long-lasting relations with our customers, and to creating added value for our shareholders and for the whole Polish economy. Our paperless policy in banking processes is an excellent example of such actions. In 2019, our banking advisors in selected branches throughout Poland were equipped with touch screens, which allow for signing up for the most popular transaction services without paper documents. We also decided to participate in a joint three-bank investment in Autenti, a company that created a platform for digital signature and digital workflow of documents. The solution offered by the company will be used in the bank’s day-to-day business, where it will enhance the already-efficient workflow of electronic documents, in synergy with other tools at our disposal.
The strong position achieved by PKO Bank Polski during its 100 years of operations and the bank’s technological potential give us a natural mandate to take up the challenges, which extend outside the world of finance. The establishment of Polish National Cloud Operator, a technological company that offers services related to maintaining and remote processing of data, and offering digital transformation and cybersecurity to Polish businesses and public administration, is one example of our technological potential. In 2019, the company began its operations, and during the first few months it engaged in its first strategic partnership with Google. It will enable a significant acceleration of the digitization of the Polish economy, and at the same time guarantee that data is processed and safeguarded in Poland.
PKO Bank Polski has proudly commenced the second century of its operations. The sense of responsibility we feel each day for our organization’s further development motivates us to make further bold decisions. We remain faithful to our mission and constantly fuel our appetite for further successes, which will benefit not only our shareholders, customers, employees, but also the entire Polish economy.