- Changes in the external environment including economic trends and competition, and their underlying factors or enablers such as geopolitical influences and regulatory changes.
- Competition from domestic banks, international banks and financial technology companies operating in Cyprus and in other parts of Europe and insurance companies offering savings, insurance and investment products.
- A possible deterioration of the macroeconomic environment stemming from the impact of high inflation and the resultant high interest rates or other factors could lead to adverse financial performance which could deplete capital resources.
- The Group’s business and performance are materially dependent on the economic conditions in, and future economic prospects of, Cyprus where the Group’s operations and earnings are predominantly based and generated.
- The Group is also dependent on the economic conditions and prospects in the countries of the main counterparties it conducts business with.
- The Group, operating in a small, open, services-based economy with a large external sector and high reliance on tourism and international business services, is susceptible to adverse changes in economic conditions caused by geopolitical uncertainties.
- Accelerating climate change could lead to sooner than anticipated physical risk impacts to the Group and the wider economy and there is uncertainty in the scale and timing of technology, commercial and regulatory changes associated with the transition to a low carbon economy.
Bank of Cyprus Holdings Public Limited Company
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2021 | 37.5K tonnes CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
🎯 Climate & Sustainability Targets
📅 Medium-term
- ≥30% women in Group’s management bodies by 2030
🔭 Long-term
- net zero emissions by 2050
🌱 ESG Focus Areas
EnvironmentalSocialGovernance