Every year the bank responds to CDP’s questionnaire on climate change. This year, the bank achieved a score of A- which is up from last year’s result.
The score indicates that the bank is making good progress towards becoming a more carbon efficient and sustainable bank by being innovative with energy and resources, achieving cost savings and helping the environment.
The rating also acknowledges that the bank understands the risks and challenges customers face in running their businesses sustainably, and that the bank is developing new opportunities to serve these customers while facilitating the transition towards a low carbon economy.
Kirsty Britz, Director of Sustainability, commented:
“We’re committed to running the bank as a sustainable and responsible business that serves today’s customers in a way that also helps future generations. The new CDP scoring methodology for 2016 placed greater emphasis on evidence, so to be listed in the Leadership category and achieve an A- recognises the positive steps we are taking around carbon disclosure and our wider performance.”