On Friday, March 21, 2025, the XTB Group published its first report in accordance with the CSRD Directive and ESRS reporting standards. The entire process was supported by analyses and appropriate preparations and was subject to limited assurance certification by an independent audit company.
The XTB Group began reporting on sustainability in 2022, when it published its first ESG report for 2021. This was a breakthrough event that allowed for a broader discussion on the needs and opportunities of XTB in the ESG area. It was then that the first ESG Strategy was created, which summarized the activities in a cross-sectional manner, but also drew attention to their most important aspects.
Without a doubt, year 2024 can be considered a milestone on our path towards sustainability. Thanks to the ESG activities initiated at XTB many years ago, we were able to verify and update our ESG Strategy in a thoughtful and responsible manner, include sustainability in XTB's mission and vision with full responsibility, strengthen the activities of the XTB Foundation, which carries an educational message to young people from Polish schools, and prepare for changes in, no longer ESG, but sustainability reporting.
In the XTB Group Sustainability Statement in accordance with the CSRD Directive and ESRS standards, we presented XTB from a brand new approach. This ambitious and complex project allowed us to delve even deeper into the intricacies of our activities and look at them from a different perspective.
Shortly summarizing:
- we based the statement on the double materiality assessment of the XTB Group, as part of which we conducted a survey, workshops and in-depth interviews with our stakeholders
- we managed an analysis of climate opportunities and risks and a scenario analysis, which also helped us create the XTB Climate Policy
- we created a tailor-made solution for XTB to collect data from all branches and companies of the Group, which allowed us to integrate different needs and consolidate them successfully
- we identified all emission sources and for the first time calculated the full carbon footprint of the XTB Group covering all Scope 3 categories in our operations with one of the most experienced partners on the market - the Climate & Strategy Polska Foundation
- for the first time we calculated the pay gap for the entire XTB Group
- we comprehensively analyzed the financial, non-financial taxonomy and minimum guarantees.
These are selected elements of the Statement, which is a tool for reliable collection in the right order of the actions and processes actually undertaken by the XTB Group. However, the publication would not have been possible without the involvement of the Management Board of XTB S.A., representatives of the XTB Headquarters, branches and companies of the XTB Group, operational work of ESG and IR teams, and the foundations of responsible business built over the years.
Another milestone achieved motivates us to further improve the reporting process so as to provide you with increasingly better quality data and to summarize the actions we undertake even more transparently.
Check out our newest Sustainability Statement for 2024!