Nedbank Group · JSE:NED
Nedbank — ESG Presentation (2005)
22 slides from Nedbank's sustainability presentation, 2005
Slide 1: Nedbank Group Sustainability / Corporate Responsibility
Nedbank Group Sustainability / Corporate Responsibility
Slide 2: Our Understanding of Sustainability
Our Understanding of Sustainability Protect & grow shareholder value Manage relationships with diverse stakeholder constituencies Integrate economic, social & environmental concerns within the business model – to enhance organisational stability Ensure Nedbank remains relevant & accessible t
Slide 3: Sustainability spectrum
Sustainability spectrum Basis is good governance practices Shareholders, Suppliers, Clients, Employees and Unions Financial Sector Charter and Black Economic Empowerment Affinity programmes – Green, Sports, Arts & Culture & Childrens’ Affinity Trusts Nedbank Foundation & BoE, NBS Trusts
Slide 4: Sustainability Structure
Sustainability Structure Enterprise Governance & Compliance unit has management responsibility Adv Selby Baqwa, head of unit, sits on Nedbank Group Exco, as executive member responsible Direct reporting line to CE Board Transformation & Sustainability Committee Corporate Citizenship Manage
Slide 5: Rationale
Rationale Save costs by reducing environmental impact & treating employees well Increase revenues by improving the environment & benefiting the local community by creation of new products & services Reduce risk through engagement with stakeholders - Environmental, social, ethical & sustainabil
Slide 6: Nedbank Group Exco Strategy 'Deep Green'
Nedbank Group Exco Strategy ‘Deep Green’ One of the ten strategic aspirations; ‘Highly involved in the community & the environment – We are proudly South African – We understand that being a leader in community development & caring for our environment is both the right thing to do & a business imp
Slide 7: Sustainability Report
Sustainability Report Deals with following main issues: Corporate Governance Staff & Unions HIV / Aids Corporate Social Responsibility – Nedbank Foundation Affinities - Trusts Financial Sector Charter & Black Economic Empowerment Clients Government & external relations Environment
Slide 8: Affinities
Affinities Nedbank Green Trust – R65m contributed Nedbank Sports Trust – R20m contributed Nedbank Arts and Culture Trust – substantially contributed to the R11m distributed Nelson Mandela Children’s Affinity – R1,2m contributed Unique & innovative link between business, marketing, & social
Slide 9: Social Responsibility & Nedbank Foundation
Social Responsibility & Nedbank Foundation Foundation’s key focus to strategically link CSI to core competencies – alignment with business crucial Nedbank Foundation – R30 million Focus Areas: Education, Skills Development, Welfare Affinity Trusts – R5 million + BoE / NBS Trusts – R5 milli
Slide 10: Inclusivity
Inclusivity Governing board representivity Financial Sector Charter alignment Regional CSI For a for KZN & Western Cape Staff involvement – Team Challenge – Local Hero Programme – Community Support Programme 10
Slide 11: Team Challenge Programme
Team Challenge Programme Staff Participation important part of the Nedbank culture Shift from corporate spending to direct engagement with communities Community-focused initiative that enables staff & their friends & families to become actively involved in a community or environmental project
Slide 12: Local Hero's
Local Hero’s Programme aims to increase awareness about community involvement & highlight that among our colleagues there are individuals who have another aspect to their lives, which is seldom seen or talked about, thereby encouraging others to follow suit The Local Hero Programme, together wit
Slide 13: Environmental Management
Environmental Management Development of Environmental Policy confirms Nedbank’s commitment to develop an environmental protection & preservation culture in both its own operating environment & parties with which it has a business association Two aspects: Internal environmental management, & lend
Slide 14: The 'Equator Principles'
The ‘Equator Principles’ An industry approach for financial institutions in determining, assessing & managing environmental & social risk in project financing In adopting these principles - seek to ensure that the projects financed are developed in a manner that is socially responsible & reflect s
Slide 15: Nedbank and the Equator Principles
Nedbank and the Equator Principles Nedbank has become the first African Bank to adopt the Equator Principles A number or reasons behind this: In line with Nedbank’s existing environmental & social policies, & future commitments In line with the rapid developments in South African legislation & c
Slide 16: UN Global Compact
UN Global Compact Nedbank is a signatory of the UN Global Compact The Global Compact is an initiative started by UN Secretary General Kofi Annan, & seeks to promote responsible corporate citizenship so that business can be part of the solution to the challenges of globalisation Nedbank Group s
Slide 17: United Nations Environment Programme Finance Initiatives
United Nations Environment Programme Finance Initiatives Nedbank first SA commercial bank to become UNEP FI signatory Involvement on UNEP FI African Task Force promoting sustainability considerations in Africa African representative on joint UNEP FI/GRI project developing environmental reporti
Slide 18: Partnership with WWF-SA
Partnership with WWF-SA Green Trust partnership in place since 1990 Nedbank & its clients have contributed over R65m to conservation projects in Southern Africa Broaden & strengthen partnership WWF input into policies, strategy & reporting, involvement of Nedbank staff & clients in WWF & Gre
Slide 19: Indices
Indices JSE Socially Responsible Investment (SRI) index inclusion – Rated in the top 20% 2005 Dow Jones World Sustainability Index – 2005/2006 inclusion for Nedbank – 1 of only 3 SA companies & 1 of only 28 banks globally to be included 19
Slide 20: Mail and Guardian Awards
Mail and Guardian Awards ‘Greening the Future’ – Nedbank wins the award for most improved environmental performance 2005 ‘Investing in the Future’ – Nedbank wins best corporate social responsibility report & finalist for best employee participation programme 2004 Nedbank highly commended in Su
Slide 21: Other Measurement of Nedbank Progress
Other Measurement of Nedbank Progress Nedbank wins the Banker award for best Corporate social responsibility bank in emerging markets in London 2005 Nedbank 2nd in Ernst & Young Excellence in Sustainability Reporting awards in South Africa 2005 21
Slide 22: Steps Going Forward
Steps Going Forward Manage reputation carefully Lending practices – implementation of environmental policy Improve internal environmental performance Training & Awareness throughout organisational network Refine view on Socially Responsible Investment – products? Finance sector developme