The Dutch bank ABN AMRO has set out a number of new targets on corporate responsibility in its second annual sustainability report, which is published today.
The report, verified by Ernst & Young, provides an extensive overview of ABN AMRO’s primary activity of providing responsible financial services, supported by illustrative examples.
It commits the group to increase training on sustainability issues for staff, engage more with investors - especially those running socially responsible investment funds- and make greater use of sustainability criteria when choosing suppliers, with whom the bank spends five billion euros a year.
ABN AMRO, which operates in 58 countries and has 105,000 employees, also says it will increase the number of face-to-face meetings held between managers and staff on sustainability matters, and that it will introduce an annual sustainability theme for the group to further focus staff attention on such issues. The first chosen theme is climate change.
The report shows that during 2004 14,450 bank staff became involved in volunteering, compared with 12,330 in the previous year.
The web-based report can be viewed at:
The Dutch bank ABN AMRO has set out a number of new targets
The report provides an extensive overview of ABN AMRO’s primary activity of providing responsible financial services, supported by illustrative examples
