Reporting to Society
Standard Bank is committed to driving sustainable and inclusive economic growth, as reflected in our purpose – Africa is our home, we drive her growth. As Africa’s largest banking group by assets, we recognise the impact of our business activities on the societies, economies and environments in which we operate. We have embedded social, economic and environmental (SEE) considerations into our corporate strategy and day-to-day decisions, and have identified seven core business areas in which we believe we can make a SEE impact.
Our Reporting to Society platform aims to communicate with a broad group of stakeholders about our impact on the societies, economies and environments in which we operate. It provides information on those areas in which we believe we can make a significant positive contribution to the lives of our fellow Africans, while mitigating negative impacts.
Our Reporting Suite
Doing the right business the right way is about making a positive social, economic and environmental (SEE) contribution. This report discusses our progress in each of our seven SEE impact areas.
This report includes information about how we ensure that a strong ethical and conduct culture is embedded across the group, and on how we support the development of our employees, as well as information aligned with the recommendations of the Task Force on climate related disclosures.
Our Transformation report provides an update on our transformation journey and performance against the pillars of the Financial Sector Code
Standard Bank is a founding signatory of the UNEP FI Principles for Responsible Banking (PRB) which set the global benchmark for what it means to be a responsible bank. PRB signatories commit to reporting their progress against the principles within 18 months of signing up, and an annual basis thereafter. This, our first progress report, gives an overview of actions we’ve taken since the PRB’s launch in September 2019.