ABN AMRO, an international bank based in the Netherlands, is mainstreaming and integrating sustainability into its core business, according to its fourth sustainability report, published today on www.abnamro.com/sustainability.
Covering 2006 and published at an A+ level based on the G3 Guidelines from the Global Reporting Initiative (GRI) guidelines, the report provides an extensive overview – supported by examples - of ABN AMRO’s sustainability-related activities. It focuses on six key areas: being accountable and transparent, protecting assets, providing responsible financial services, being an employer of choice, minimising impact on the environment and supporting local communities.
The report, verified by Ernst & Young with reasonable assurance, features more details than in previous years on the bank’s work in applying the Equator Principles governing project finance. It also traces the bank’s progress in developing sustainability products and services in areas such as climate change, microfinance and socially responsible investment (SRI) funds.
Staff activities in support of local communities around the world are covered, as is the work of the ABN AMRO Foundation, an independent institution that formalises the bank’s community investment activities.
Ranked as Leader in the banking sector in the Dow Jones Sustainability Index – STOXX in 2006 and declared 2006 Gold Medal Award winner by the World Environment Center (WEC), ABN AMRO, operates in more than 50 countries and has around 106,000 employees.
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