RBS Sustainability Report 2011
Submitted by NatWest Group
The publication of the 2011 RBS Sustainability Report, ‘Building a Sustainable RBS’, continues to demonstrate the Bank’s commitment to being transparent on environmental, social and ethical issues. RBS’ approach to disclosure has earned the independent AA1000 Assurance kite-mark, a leading indicator of reporting good-practice.
Commenting on the Report, RBS Group Chairman Philip Hampton said: “We’re working hard to change RBS for the better, and our annual Sustainability Report is an important milestone in that process. Not only does it gives us an opportunity to disclose information that’s of interest top a wider range of our stakeholders, it’s a chance show how much RBS is changing.”
As well as focusing on five key sustainability themes, the report includes details of new engagement sessions being undertaken by the bank’s Board-level Sustainability Committee. These sessions have seen leading advocacy groups and NGOs meeting face-to-face with some of the most senior people in RBS.
Highlights from the 2011 Sustainability Report include:
Also for the first time, RBS has published Environmental, Social and Ethical Risk statements for four key sectors: oil and gas, mining and metals, defence and forestry. In conjunction with the launch of the Sustainability Report, RBS is also publishing an updated version of its ‘Lending to the Energy Sector’ booklet, which we believe goes further than any other bank to explain our financing within this high profile sector.
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