The Bankers, A Consultancy Report assessing the Environmental Policies of Banks operating in the UK

Résumé du document

Bankers Consultancy has been commissioned to provide an analysis of the banks operating in the UK in relation to their environmental policies, in order to chart out the recommendations about a company to bank with, in view of their environmental policies and their Corporate Social Responsibility (CSR) targets and performance. A range of key performance indicators will be used to assess the banks environmental stance. The report will begin by providing a summary of the environmental policy of every bank. It will then go onto analyze every single bank and discuss the limitations in this study. As we began our research it became apparent that a Bank had its own KPI's through which they monitered their environmental policies. We could have also used IEEP (Institute for European Environmental Policy) evaluation and assessment criteria for analyzing the Bank's KPI's. However the IEEP cover a wide range of assessment tools, such as Sustainability Impact Assessments (SIA's) for policies, Strategic Environmental Assessments (SEA's) for plans and programmes and Environmental Impact Assessments (EIA's) for projects .

Extraits

[...] Instead of their environmental policies costing them money it proved to be sound business practice and enabled them to increase their savings. Targets Safeguard RBS's assets and reputation while encouraging the development of responsible business When making decisions, consider social and environmental aspects Establish performance indicators with targets Publish information about environmental performance Raise awareness amongst staff, stakeholders and the community Minimise waste, promote efficiency Maintain environmental Management Systems that conserve resources, prevent pollution and meet regulatory environmental standards Ensure suppliers and partners adhere to the same environmental standards Help develop products and services that encourage greater sustainability Convert environmental risks into sustainable business opportunities By 2005, reduce CO2 emissions by below 2000 levels. [...]

[...] Establish benchmarks for and report on performance of the environmental management system and roll it out across the Group's Corporate Real Estate function. Expand their measurement of paper consumption to more countries.[39] 7.5 Conclusion For a couple of years, the HSBC group has put a lot effort into their own Agenda 21. They take into consideration the small detail, which would have a local influence on the environment as the recycling and the water consumption in their office, but they also try to build company awareness about the environmental and social problems worldwide Yorkshire Bank 8.1 Introduction Yorkshire Bank is part of the National Australia Bank Group which is an international financial services group that operates across four continents and fifteen countries. [...]

[...] ENDS Report December 1997, taken from EIRiS Corporate Environmental Policy, Management and Reporting pp http://www.eiris.org/Pages/TopMenu/Map.htm accessed 02/03/06 http://groupe.hsbc.fr/hsbc/fr/legroupe/responsabilite/index.do http://www.aboutabbey.com/home.htm accessed on 02/03/06 http://www.aboutabbey.com/home/group_info/group_info-key_facts.htm accessed on 02/03/06 http://www.co- operativebank.co.uk/servlet/Satellite?cid=1078215986070&pagename=CoopBank%2F Page%2FtplPageStandard&c=Page http://www.hbosplc.com/community/environment.asp http://www.hbosplc.com/community/Images/HBOS%20Environmental%20policy%202002 %20v 1.6 .doc http://www.hbosplc.com/community/policies/corporateresponsibility/environmen t/environmentpage.html http://www.hsbc.com/hsbc/csr/environment/environmental-performance http://www.hsbc.com/hsbc/csr/our-approach-to-csr/business-case-for- csr;brochid=BHWAQWPLS4V5TQFIYN1CGWQ http://www.ieep.org.uk/activities/evaluationandassessment.php Accessed on 02/03/06 http://www.qualisteam.fr/actualites/oct05/10-10-2005-1.html (10-12-2005) WWF Report, Shaping the future of sustainable business http://bb6.hull.ac.uk/courses/1/ 26334.05 /groups/_3058_1/_72569_1/WWF.pdf www.nabgroup.com Accessed on 03/03/2006 www.pressbox.co.uk Accessed on 02/03/2006 Corporate Responsibility Report 2004 of RBS, p.43-47: http://www.shareholder.com/visitors/dynamicdoc/document.cfm?CompanyID=RBSCSR &documentID=1001&PIN=&resizeThree=no&Scale=100&Keyword=Type%20Keyword%20Here &Page=47 http://www.rbs.com/corporate03.asp?id=CORPORATE_RESPONSIBILITY/POLICIES http://www.rbs.com/corporate03.asp?id=CORPORATE_RESPONSIBILITY/ENVIRONMENT/E NVIRONMENTAL_MANAGEMENT_INCLUDING_KEY_MILESTONES http://www.rbs.com/corporate03.asp?id=CORPORATE_RESPONSIBILITY/ENVIRONMENT/O UR_ENVIRONMENT_POLICY http://www.rbs.com/corporate03.asp?id=CORPORATE_RESPONSIBILITY/ENVIRONMENT/O PERATIONAL_PERFORMANCE http://www.rbs.com/corporate03.asp?id=CORPORATE_RESPONSIBILITY/ENVIRONMENT/E NVIRONMENT_GOGARBURN Journal Articles Christopher J Cowton. Paul Thompson. Do codes make a difference? The case of bank lending and the environment. Journal of Business Ethics. [...]

[...] Targets for RBS 8 Figure 2. Interesting Point for Lloyds TSB 11 Figure 3. Interesting Point for CFS 14 Figure 4. Targets for Barclays 16 Figure 5. Interesting Points for Barclays 16 Figure 6. ISO14000 for Barclays 16 Figure 7. Targets and Achievements for HBOS 19 Figure 8. Interesting Points for HBOS 19 Figure 9. Targert/Objectives for HSBC 21 Figure 10. [...]

[...] New York. Nijkamp, P. (1980). Environmental Policy Analysis. Chichester. Nitsche, C. (1993). Banks and Environmental Issues: A SWOT Analysis. Cambridge. [...]