2012 Annual Report & Financial Statements - UBA Plc

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Sustainability and Corporate Social Responsibility Report
Sustainability
In UBA, we are committed to running our business in a socially responsible and environmentally friendly manner. UBA is appreciative of the fact
that Sustainable Banking is critical to the success of any Bank and embodies two main concepts:
• Corporate Social Responsibility (CSR)
• Environmental Risk Management (ERM)
Building sustainability thinking into our DNA is our long-term mission, and will involve understanding the linkages between our operations, the
communities where we have presence and the changes in the global environment.
We believe we can make positive impact on people’s lives through creating access to affordable financial services irrespective of status, race or
gender. We will continue to assist in creating job opportunities in communities where we operate and will undertake varied social projects that
promote education, health and safety, Corporate Social Responsibility and Environment Management System and to work in conjunction with
our various stakeholders towards attaining internationally accepted practices and standards.
Corporate Social Responsibility
Our CSR is all encompassing, beginning with our staff and extending externally to other stakeholders. UBA Foundation therefore is the social
extension of the Group’s core values of Humility, Empathy, Integrity and Resilience.
UBA Foundation (UBAF) has from inception been driving the Group’s deliberate corporate strategy of sustainable development that combines
our banking excellence with social interventions in our chosen need areas of education, health, human capital development and special projects.
By investing in the social, economic and environmental needs of the countries and communities where we conduct our businesses, the Group
aims to deepen goodwill while ensuring sustainable operations, by contributing to the improvement of the quality of life.
Partnering with Stakeholders
Our CSR activities are executed across Africa. In doing this, we strive to develop unique programs and development actions that impact on
individual and community lives thereby bridging social and economic gaps that are inherent in the various environments we operate in. At
every point in the execution of these programmes, internal and external stakeholders are actively engaged to ensure the maximisation of
resources for strongest impact in identified critical need areas. All these are done using global frameworks and metrics for best practice and
impact measurement.
UBA Foundation, the Bank’s corporate social responsibility arm, as part of its wider contribution to the Bank’s community and social engagement
programme, provides an annual grant of USD2 million to the Tony Elumelu Foundation, one of Africa’s leading philanthropies, with a specific
focus on the promotion of entrepreneurship and business leadership across Africa. In this way, the Bank believes it achieves a focused and
effective way of implementing its commitment to improving the opportunities for entrepreneurship and the business environment across
Africa.
Annual Report 2012