Piraeus upgraded to ‘AAA’ ESG Rating by MSCI
Piraeus (OTC:BPIRF) announced that MSCI upgraded its ESG Rating from AA to AAA on November 24, 2025, the highest MSCI sustainability score.
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This is the first time Piraeus has achieved the top score, positioning the Bank as one of the leaders in sustainability in the financial industry at international level.
The Bank has managed to consistently improve its position from the ‘BBB’ rating in late 2020, to a ‘AAA’ rating, being the only Greek company at this level currently. It is worth mentioning that only
MSCI ESG Ratings aim to measure a company's resilience to long-term ESG risks. Companies are scored on an industry-relative ‘AAA’ to ‘CCC’ scale across the most relevant key issues based on their business model.
The upgrade highlights Piraeus’ advancements in several critical areas, building on its existing strengths and improvements in sustainability reporting, particularly its alignment with the EU Corporate Sustainability Reporting Directive.
These initiatives offer enhanced transparency regarding Piraeus' management of environmental, social, and governance matters throughout its operations.
This recognition further reinforces Piraeus’ reputation among institutional clients and investors. As ESG ratings become increasingly significant in capital allocation decisions, MSCI's upgrade highlights our ongoing advancement in integrating sustainability into our overall business strategy.
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Source: Piraeus