nbad case study
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Transition to strategic sustainability at
National Bank of Abu DhabiPresentation for CSR in Action
By Belinda Scott, Senior Manager Corporate SustainabilityApril 2013
Setting the scene
1
Pre-2006
Helping fund infrastructure development;
sponsorships & charity; 1st CSR policy in 2003
Tipping Point 1
2008
Commitment by Executive
Management: Stakeholder
analysis; Alignment with
Abu Dhabi Vision;
Founding member of
ADSG
2009
Integration into BP&S for
strategic alignment; 6 priority focus
areas;Commenced work on 1st GRI aligned
sustainability report
2006 - 2007
Reporting on CSR; Blood
donations & health
awareness; recycling
2011
Elected to General Secretariat of ADSG;
automation of environmental data
& trends being monitored; number
of sustainability champions
increased; NBAD recognised for sustainability
journey and entered S&P Hawkamah ESG
Index at 8th position; top 3
shortlist for IFC/FT Sustainable bank of
the year
Tipping Point 2
2010
Transparency & Governance
Published sustainability report with
forward looking commitments; created SSG &
engaged sustainability
champions
This is the past
2
Transition in 2012
3
Dubai Sustainability Network
Collaborating with member
organisations to develop tools to help
companies embed sustainability into
their business
First Choice for Government partnerships
1. DoT – Transport Mobility
Management Plan; 2. HAAD – Weqaya
Health Strategy;
3. Emirates Foundation –
Development of National Financial Literacy initiative
ADSG
Participating in flagship
programmes to influence government
policy
External recognition as an accountable and
transparent organisation;Up to 3rd position on ESG
Index;Regularly featuring in sustainability-related
publications
Inclusion of Sustainability in Internal Audit;
ongoing development of Ratibi; Al Ain Call Centre;annual measurement of sustainability maturity
level; sustainability to be included and cascaded
through balanced scorecard
Contributing to NBAD’s 2013 Strategic Theme
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Delivering a Platform for Sustainable Growth – what will that mean for us?
It means working with the businesses to help them deliver in key areas of NBAD’s strategy by looking through a sustainability lens
From Concept to Reality – Our theme for 2013
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Some of our overarching objectives for Corporate Sustainability in 2013:
1. Increase NBAD’s sustainability maturity level by 20 per cent using the Abu Dhabi Sustainability Group Maturity Assessment tool
2. Sustainability included in the balanced scorecard of the bank3. Membership of the Global Banking Alliance for Women to
help us identify key business opportunities around women’s development internally and externally to implement a integrated approach across all priority focus areas (eg products, career development, SMEs)
Optimising value
6
Priority Focus areas Owned /delivered by CS Owned / delivered by the business
Economic Performance Evaluate the wider contribution of NBAD to Abu Dhabi, eg through engagement with Abu Dhabi Economic Dept
Embracing New Accountability Realities
Develop KPIs for BSC to keep NBAD in the top 10 of Hawkamah ESG Index
Publically disclose the number and value of monetary and non-financial fines and sanctions for non-compliance with laws and regulations
We will continue to use the 6 Focus Areas which have been tested and continue to be relevant
Optimising value
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Priority Focus areas Owned /delivered by CS Owned / delivered by the business
Investing in our People Develop employee health strategy supporting the HAAD Weqaya programme
Increase monitoring of specific HR data points; identify risks and opportunities and implement changes to improve positioning as employer of choice and publish to improve transparency
Environmentally Smarter Monitor power, water, toner and paper use through QPR for all international offices.
Optimising Value
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Priority Focus areas Owned /delivered by CS Owned / delivered by the business
Product & Service Quality and Innovation
Collaboratories with businesses to help them integrate sustainability into their work eg Equator Principles
Monitor customer /stakeholder perception
Sustainability assessment integrated into Policy Review Process
Outstanding Relationships
Continue collaboration with HAAD, DoT to demonstrate NBAD as a partner of choice of government and seek further similar opportunities
Please
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