The Bank consistently develops the integration of climate risks into the overall risk management system, focusing on international standards, including IFRS S2, as well as the methodological guidelines of the Agency for Regulation and Development of the Financial Market. The understanding that climate factors can directly or indirectly amplify traditional categories of banking risks – from credit to operational and strategic – formed the basis of the Bank's systematic approach to managing these risks.

Jointly with international consultants, the Bank developed its own methodology for assessing climate risks, including a classification of physical and transition risks. Within the framework of the methodology, an initial diagnosis of the credit portfolio's exposure was conducted using geographical data, data on collateral, and property types, which allowed for identifying the zones of the mortgage portfolio's greatest vulnerability to floods, temperature anomalies, and other climate phenomena. Stress tests and scenario analysis of the impact of climate factors on the portfolio have been implemented into the Bank's regular risk assessment practice.

Climate risk management is carried out within the framework of the existing risk process: identification, assessment, monitoring, and response. Physical risks – such as the probability of damage to collateral property from extreme weather conditions (floods and landslides) – are assessed along with transition risks associated with the tightening of energy efficiency standards, growing demand for energy-efficient housing, and changes in funding policies.

In the reporting year, the Bank developed and implemented internal procedures for including climate factors into the risk appetite, Risk Register, and reporting, and also approved key performance indicators (KPIs). Climate risks are integrated into the risk assessment and management processes; the Sustainable Development Strategy establishes key performance indicators in the field of climate impact management and greenhouse gas emissions reduction. In addition, the Bank implemented the practice of climate stress testing and scenario analysis to assess capital and liquidity resilience to systemic climate shocks over short, medium, and long-term horizons.

The Bank forms a comprehensive, quantitatively substantiated, and strategically embedded mechanism for managing climate risks, ensuring adaptability, transparency, and reliability under conditions of intensifying environmental and regulatory challenges.