|
 |
 |
|
|
|
|
|
|
|
|
Taking A Stand...On What? By Ivan Schneider Jan 26, 2006 at 03:59 PM ET True, some bankers are willing to take a stand on social issues such as the potential abuse of eminent domain. But there's a real leadership gap when it comes to looking at the big picture — social and environmental sustainability in lending. Watchdog group BANKTrack rated 39 banks on the basis of 13 categories: human rights; labour rights; indigenous people; climate and energy; dams; biodiversity; forests; fisheries; extractive industries; sustainable agriculture; chemicals; transparency and reporting by the clients; and environmental and social management systems. The results: The highest overall average score, achieved by ABN AMRO and HSBC Group, was a 1.31, which if translated to a letter grade is a D+. Robert Napier, WWF-UK Chief Executive, said: “This report shows that whilst there has been some good work done by a few of the banks to develop policies the whole sector still has a long way to go. The lack of transparent policies can not only result in over-exploitation of environmental goods such as fisheries and forests but also in increased financial risk to the banks, resulting in transactions being jeopardised.” Search engine Google makes concessions to the Chinese government, and it makes the front pages of every business newspaper. But banks? A different (and lower) standard seems to apply. BANKTrack press release Topics: What We're Reading » Weblog Main | » View Entries By Topic | » View Entries By Date This is a public forum. CMP Media and its affiliates are not responsible for and do not control what is posted herein. CMP Media makes no warranties or guarantees concerning any advice dispensed by its staff members or readers. Community standards in the message center do not permit hate language, excessive profanity, or other patently offensive language. Please be aware that all information posted to this forum becomes the property of CMP Media LLC and may be edited and republished in print or electronic format as outlined in CMP Media's Terms of Service. Important Note: The Message Center is NOT intended for commercial messages or solicitations of business. |
|
WHITEPAPERS
Opening Act - Streamlining a bank’s account-opening process can have a dramatic effect on customer experience and the bottom line This can help banks grow revenue; improve margins by reducing cost; optimize capital by opening the way to outsourcing; and better manage risk by driving regulatory compliance and greater financial predictability. Essentials of CRM for Commercial Banking Learn how commercial banks can use CRM strategies and technology to maximize client value, become trusted advisors, and streamline operations, contributing to top-line and bottom-line revenues and gaining strategic insight. | |
|
|
|
|
|
||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
||
