Sustainability – What Matters in the Financial Services Sector?
Recent research conducted by the Governance & Accountability Institute attempts to answer important questions for company managements in the Financial Services Sector, by examining the disclosure practices of 134 global peer organizations publishing GRI reports in the Sector.
The top 10 Global Reporting Initiative (GRI) aspects that were determined to be material by the managements of reporting organizations in the Financial Services Sector are:
- Customer Privacy
- Marketing Communications
- Equal Remuneration for Women and Men
- Training and Education
- Public Policy
- Investment and Procurement Practices
- Diversity and Equal Opportunity
- Indirect Economic Impacts
Results: The complimentary report examining 35 sectors including top 10 GRI aspects, and top/bottom 10 GRI performance indicators can be downloaded here:
The full rankings for all 84 GRI performance indicators and all 37 GRI Aspects for each of the 35 sectors examined are available for purchase at:
Organizations included in the Financial Services Sector study are:
Aargauische Kantonalbank, ABN AMRO Holding, Absa, Access Bank PLC, ACE Seguros S.A., AEGON, Agence Française de Développement, Akbank, Allianz, ALPHA Bank, Arab Bank, Assicurazioni Generali, ATEbank, Australia and New Zealand Banking Group (ANZ), Banco do Brasil, Banco Galicia, Bank Millennium S.A., Bank Of Montreal, Bank of the Philippine Islands (BPI), Barclays, Basellandschaftliche Kantonalbank BLKB, Basler Kantonalbank, BBVA Bancomer, BBVA Colombia, BBVA Provincial, Berner Kantonalbank, BicBanco, Bilbao Bizkaia Kutxa (BBK), BNY Mellon, Bonus Vorsorge, CaixaBank, Cajamar Caja Rural, CIMB Foundation under CIMB Group, CISCO Thailand, Citigroup, Comergon, Credit Suisse, Deutsche Bank, Development Bank of the Philippines, Diners Club del Ecuador, Discovery, DKV Seguros, DNB NOR, Eksport Kredit Fonden (EKF), Etera, Etica Sgr S.p.A., European Reliance, Ficohsa, FIRA – Banco de Mexico, Folksam, Fonds de solidarité FTQ, Fouriertransform, GNP Seguros, Government Savings Bank, Graubundner Kantonalbank (GKB), Grupo Sancor Seguros, Grupo Sura, Hatton National Bank (HNB), HNB Assurance PLC, Hong Kong Exchanges and Clearing Limited, Humana, IBERCAJA BANCO, S.A.U, IDLC, ING Group, Innnovationsbron, Instituto Infraero de Seguridade Social -INFRAPREV, Insurance Australia Group (IAG), Intesa Sanpaolo, Investec, Investissement Quebec, JPMorgan Chase, KBC Group, Kendall Court, Kutxa, Kuwait Finance Housing, Landbank Of The Philippines, Landesbank Baden-Wüerttemberg (LBBW), LeasePlan, Liberty Group, Montepaschi Group, Morgan Stanley, Munich Re, Mutualista Pichincha, National Bank of Abu Dhabi (NBAD), National Bank of Greece, National Bank of Oman, Nationale Suisse, Nedbank Group, NIBC Bank, Nordea Bank, Norrlandsfonden, Northern Trust, Nykredit, Oesterreichische Kontrollbank, Oesterreichische Nationalbank, PREVI, Prudential Financial Inc, Raiffeisen Schweiz, Redecard, Sanlam, Sarasin, SBAB, Sberbank, Scotiabank, Shinhan Financial Group, SIX Group, Standard Bank, Standard Life, State Street Corporation, SulAmérica Companhia Nacional de Seguros, Suramericana S.A, SVEDAB, Svensk Exportkredit, Swedfund International, Swiss Re, TD Bank Financial Group, The Co-operators, The GPT Group, The National Commercial Bank (NCB), The Saudi Investment Bank (SAIB), Triglav Insurance Company, Triodos Bank, UBS, UCA Funds Management, Unicredit, Union Bank, Union Investment, Valiant, Vancity, VidaCaixa, Vontobel Gruppe, VTB Group, Wells Fargo & Company, Zürcher Kantonalbank
About G&A Institute (www.ga-institute.com)
G&A Institute is a New York-based, private sector company providing sustainability-focused services and resources to corporate and investment community clients, including: Issue Counseling & Sustainability Strategies; Sustainability Reporting; Materiality Assessments; Stakeholder Engagement; Benchmarking; Investor Relations; Communications; Coaching, Team Building & Training; Issues Monitoring & Customized Research; Third Party Recognitions. G&A is the exclusive Data Partner for the GRI in the United States of America, the United Kingdom and the Republic of Ireland.
On the G&A Institute web site there is additional information available on the Fact Sheet: What Matters Project (www.ga-institute.com/research-reports/sustainability-what-matters/fact-sheet). The resulting “most important” to “least important” ranking for the 35 sectors is available to media on a case-by-case basis please contact: Peter Hamilton (email@example.com).
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