RBS publishes eigth annual Sustainability Report12/04/2011
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The Royal Bank of Scotland Group has published its eighth annual Sustainability Report - Building a sustainable RBS. For RBS, sustainability means focusing on our customers' needs, operating with integrity and openness, and playing our part to address society's challenges.
"We are building strength and value in the new RBS whilst supporting the economies and communities in which we operate. Getting this balance right is the key to a sustainable future for our business." Stephen Hester, Chief Executive, RBS Group.
RBS focus on five strategic sustainability themes: Fair banking, Supporting enterprise, Employee engagement, Safety and security, Citizenship and environmental sustainability. The latest Report takes you through the key developments at RBS in 2010 and the priorities for 2011.
Some highlights include:
* RBS lent £3.6 billion in 2010 through its first-time buyer products, assisting customers onto the property ladder in the UK
* RBS currently approve over 5,000 loans to UK businesses each week, accepting over 85% of all credit applications
* The RBS livelihood projects in India reach over 63,000 households across 11 states
* RBS financed the largest ever domestic solar power project in the UK, helping to provide cheap electricity for social housing residents
The Report has been independently assured and adheres to the AA1000 AccountAbility Principles Standard (AA1000 APS). The Global Reporting Initiative (GRI) G3.1 Guidelines and the principles of the UN Global Compact have also been considered.
Please see the full Report online at http://ethicalperformance.com/reports/links/RBS2011 where you also have the opportunity to comment on the Report.
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