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Summary

The company has today published its fifth Better Society report covering their responsible business approach

Report Highlights

Nationwide Building Society has today published its fifth Better Society report at www.nationwide.co.uk/bettersociety

Examples of Nationwide’s responsible business approach include:

commitment to donate at least 1% of pre-tax profits to charity, community and environmental activities
long-term community investment through partners including Macmillan and Disability Sport Events
sustained carbon management measures, resulting in an 85% reduction in CO2 emissions since 2005
helping to increase the availability of affordable housing by being the largest lender to social landlords in the UK
providing a fair deal and delivering long-term value through honest and straightforward products and services
campaigning on industry and consumer issues including free cash machines, child savings regime and stamp duty threshold
prudent and responsible lending (rate of arrears on mortgages and credit cards being significantly lower than industry averages)

Owned by its members and with no shareholders, Nationwide is the UK's leading mutual organisation, with assets in excess of £160 billion. Serving around 13 million members, Nationwide offers savings, investments, insurance, mortgages, loans, pensions, credit cards and banking. It is the UK’s largest retail mortgage lender and the second largest retail savings provider. Nationwide is headquartered in Swindon UK and employs around 19,000 people.

For further information, please email bettersociety@nationwide.co.uk