United Nations Sustainable Development Goals
With a decade of action needed to meet the Sustainable Development Goals (SDGs), we recognise the impact we can have, both positively and potentially negatively, on all 17 goals. As signatories to the UN Principles for Responsible Banking we are committed to further identify and build on positive impacts and work collaboratively to understand any barriers to the SDGs that we can address.
The Global Goals
We are working to embed and integrate the SDGs into our strategy. While the SDGs do not align perfectly with our business activity, we have adopted them as expressed in the SDG Compass (a business guide to action) and consider the impact and influence we have. The UN Global Compact (UNGC), United Nations Environment Programme Finance Initiative (UNEP FI) and Business in the Community (BITC) have all helped guide our progress.
SDG integration - our progress in detail
“The coronavirus pandemic is having an enduring impact on how we live our lives and on our economy. But it also gives us an opportunity to address deep-rooted inequality and to level-up prosperity across the UK and make sure nobody is left behind. Doing nothing to address these issues is no longer an option."
“Now is our opportunity to embrace the transition to a low carbon economy, which in turn will unlock job opportunities in all parts of the UK and put us on a path to meet our net zero commitments.”
“As a business, our purpose is deliberately aligned to the Sustainable Development Goals, because they set the benchmark of a world we should all try to create for people and the planet. We are committed to championing the potential of people, families and businesses throughout the country so that the communities we serve can thrive.”
Alison Rose, CEO, NatWest Group in the UNGC Build Back Better Letter, June 2020