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Corporate Social Responsibility Report 2008 As ... - Access Bank

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<strong>Corporate</strong> <strong>Social</strong> <strong>Responsibility</strong> <strong>Report</strong> <strong>2008</strong><br />

the United Nations Environment Programme Finance<br />

Initiative and United Nations Global Compact, to develop<br />

standards, principles and performance indicators which<br />

are adopted worldwide.<br />

GRI sets global standards for reporting on economic,<br />

environmental and social dimensions of an organization’s<br />

activities, products and services,.<br />

After our year of grace, we will communicate our activities<br />

through an annual Communications on Progress (COP)<br />

<strong>Report</strong>. The COP to the UNGC will outline <strong>Access</strong> <strong>Bank</strong>’s<br />

continued commitment to the Compact's philosophy,<br />

intent and principles. The document will highlight key<br />

actions implemented in 2009 against the Compact's ten<br />

principles as well as confirming our sustainability priorities<br />

and performance targets.<br />

<strong>Access</strong> <strong>Bank</strong> is one of over 1500 organizations from 60<br />

countries that use the GRI guidelines to produce their<br />

sustainability reports and have declared their voluntary<br />

adoption of the guideline worldwide.<br />

Our membership of the GRI as an Organizational<br />

Stakeholder supports the <strong>Bank</strong> in presenting a balanced<br />

picture of our economic, environmental and social<br />

performance. <strong>Access</strong> <strong>Bank</strong> Plc has adopted the GRI model<br />

on <strong>Corporate</strong> Sustainability <strong>Report</strong>ing. This is in line with the<br />

<strong>Bank</strong>’s strategic intent of social accountability on all fronts.<br />

<strong>Access</strong> <strong>Bank</strong>’s participation in the United Nations Global<br />

Compact (UNGC) provides an opportunity for the <strong>Bank</strong> to<br />

advance sustainability solutions in partnership with a<br />

range of stakeholders, including UN agencies,<br />

governments, civil society, labour, and other non-business<br />

interests.<br />

The <strong>Bank</strong> is also able to adopt an established and globally<br />

recognized policy framework for the development,<br />

implementation, and disclosure of environmental, social,<br />

and governance policies and practices.<br />

<strong>Access</strong> <strong>Bank</strong>’s <strong>2008</strong> <strong>Corporate</strong> <strong>Social</strong> <strong>Responsibility</strong> <strong>Report</strong><br />

has been developed in alignment with the guidelines<br />

developed by the GRI. These guidelines are intended to<br />

enhance the quality, rigor and utility of sustainability<br />

reporting and to provide standard definition.<br />

Furthermore, our membership of GRI assists <strong>Access</strong> <strong>Bank</strong><br />

in identifying areas of waste and business opportunities.<br />

We are able to improve on our environmental, social,<br />

economic and governance performance.<br />

www.globalreporting.org<br />

UNITED NATIONS GLOBAL COMPACT<br />

<strong>Access</strong> <strong>Bank</strong> is a signatory to the UN Global Compact and<br />

continues to support its ten principles on human rights,<br />

labour issues, the environment and anti-corruption. With this<br />

commitment, <strong>Access</strong> <strong>Bank</strong> strives to implement the principles<br />

of the Compact and to use it as a basis for advancing<br />

responsible corporate citizenship. At the same time, the<br />

Compact provides <strong>Access</strong> <strong>Bank</strong> with the opportunity to<br />

further push our own ongoing programs and processes.<br />

The UNGC is a strategic policy initiative for businesses that<br />

are committed to aligning their operations and strategies<br />

with ten universally accepted principles in the areas of<br />

human rights, labour, environment and anti-corruption.<br />

By doing so, business as a primary agent driving<br />

globalization, can help ensure that markets, commerce,<br />

technology and finance advance in ways that benefit<br />

economies and societies.<br />

Being a signatory to the UNGC, is an affirmation of <strong>Access</strong><br />

<strong>Bank</strong>’s commitment to environmentally friendly initiatives<br />

and support for global efforts at ensuring sustainability.<br />

At <strong>Access</strong> <strong>Bank</strong>, participation in the UNGC is a widely<br />

visible commitment to the implementation, disclosure,<br />

and promotion of its ten universal principles. The UNGC<br />

principles are an integral part of business strategy, day-today<br />

operations, and organizational culture.<br />

www.unglobalcompact.org<br />

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