Reports
In the sustainability reports we aim to provide information to our local stakeholders exclusively regarding the sustainability performance related to the local operations, activities, and results of the Hungarian corporate group (CIB Group incl. its subsidiaries), as transparency and dialogue in Hungary regarding Group’s sustainability practices and performance are of paramount importance to us. Our group has been reporting on its activities in the form of reports for nearly 20 years now; for the year 2025, we have compiled a condensed summary.
In preparing our sustainability disclosures we mainly use the Global Reporting Initiative (GRI) standards into account and each report clearly states the level of adaptation (“in reference to” or “in accordance to”. During preparation we involved external experts and partners in addition to company employees, thereby ensuring its soundness. Through various market and sustainability stakeholders, we can gain an even better understanding of the needs of those affected by our activities, thereby better meeting their needs.
Our latest disclosure is not to be regarded as a sustainability statement as defined by the Corporate Sustainability Reporting Directive (CSRD; Directive (EU) 2022/2464 on corporate sustainability reporting) or the Hungarian Accounting Act (Act C of 2000 on Accounting), nor as an ESG report under the Hungarian ESG Act (Act CVIII of 2023 on rules for corporate social responsibility that take into account environmental, and social aspects, and on the amendment of other related laws) The sustainability report under the CSRD is prepared by our Parent Company, Intesa Sanpaolo S.p.A., on a consolidated group basis; it is prepared in accordance with the European Union Sustainability Reporting Standards (ESRS) and covers the operations and results of the CIB Group. Stakeholders looking for Intesa Sanpaolo S.p.A.’s 2025 sustainability report can find it by clicking this link.
Identification of material topics
Although there is a growing emphasis on ESG issues and considerations in the regulatory environment (e.g., the EU Pay Transparency Directive, the Hungarian ESG Act, or the MNB’s revised Green Recommendation, etc.), these topics are either already covered by existing material topics, or their implementation has not yet had a significant impact on the year 2025.
In general, it can be said that amending the previous material topics is not necessary, as no changes of such magnitude or nature have occurred—whether in the business environment, the company’s operations, or stakeholder expectations—that would justify such a change.
Material topics in 2025
1. Governance and Risk Management
- The CIB Group’s value and stability
- Innovation, digital transformation, and cybersecurity
- Ethical business conduct
2. Society
- Service quality and customer satisfaction
- Supporting the community
- Access to credit and financial inclusion
3. People
- Protecting jobs
- Retention, training, diversity, and inclusion of the Group’s employees
- Well-being, health, and safety of the Group’s employees
4. Environment and climate change
- Transition to a sustainable, green, and circular economy
- Direct environmental impacts
Each material topic applies to all units of the organization.
Entities included in the CIB Group’s consolidated financial statements
The companies included in the CIB Group’s consolidated financial statements are CIB Bank Ltd., which carries out commercial banking and factoring activities; CIB Leasing Co. Ltd., which provides financial leasing services; CIB Rent Leasing and Trading Company Ltd., which is engaged in operating leasing activities; and Recovery Ltd., which performs real estate management activities.
Sustainability reports
Intesa Sanpaolo financial and consolidated sustianability reports
GRI compliance
- 2024: CIB Group has reported in accordance with the GRI Standards for the period 01.01.2024 - 31.12.2024 .
- 2023: CIB Group has reported in accordance with the GRI Standards for the period 01.01.2023 - 31.12.2023 .
- 2022: CIB Group has reported in accordance with the GRI Standards for the period 01.01.2022 - 31.12.2022.
- 2021: GRI standard 2021 „in accordance – Core”
- 2018 GRI standard "in accordance core
- 2017: GRI G4 "in accordance core", self declared
- 2016: GRI G4 "in accordance core", self declared
- 2015: GRI G4 "in accordance core", self declared
- 2014: GRI G4 "in accordance core", self declared
- 2013: GRI G4 "in accordance core", self declared
- 2012: GRI G3.1 "B szintű" megfelelés, self declared
- 2011: GRI B, self declared
- 2010: GRI B, self declared
- 2009: GRI B+, assurance statement, third party checked, assesed independent expert panel
- 2008: GRI B+, assurance statement, third party checked
- 2007: GRI B, self declared
Other reports