Standard Chartered’s second Corporate Responsibility Review covering activities in 2005 is available online now here.
The Bank made good progress in 2005 on a number of fronts including the reporting of corporate responsibility activity, understanding of its relevance and in the governance of its approach through the newly formed Corporate Responsibility and Community Committee - a sub committee of the main Board.
Fundamental to making further progress is listening and responding to the needs and views of stakeholders: of governments, socially responsible investors and NGOs. In 2005 the Bank undertook specific stakeholder and peer group research which has helped identify eight core sustainability themes.
Sustainable lending and the Equator Principles
Climate change and the environment
Responsible selling and marketing
Tackling bribery and corruption
Access to financial services (including microfinance)
Health, safety and security (including HIV/AIDS)
Community investment and employee volunteering
Treatment of employees (including diversity and inclusion)
The feedback received from a wide range of stakeholders and these eight themes shape the agenda for the Corporate Responsibility and Community Committee.
This 2005 review reports on performance against targets set at the end of 2004 and highlights some of the key successes and challenges going forward. Standard Chartered also report against the eight core sustainability themes. It represents a move towards a more integrated and targeted reporting strategy and works alongside more detail in the Bank’s Annual Review, in-depth information on the website, and rolling reports against priority areas.
The first of these rolling reports is an update on the Bank’s approach to sustainable lending and the Equator Principles. This report, which was published last week, is available at
www.standardchartered.com/corporateresponsibility/cus_s […]
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Visit www.CorporateRegister.com to access this publication together with a further 11,500 CSR reports.
