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Our Priorities
Every year we strengthen the extent and rigour of our consultation with our stakeholders. The issues that matter most to them provide the focus and priorities for activities.
We were one of the first ten financial service organisations to adopt the Equator Principles and we also have a dedicated renewable energy team and are a leading arranger for the sector.
The Equator Principles
The Equator Principles provide a framework for managing the risk associated with project finance. We are members of the steering committee and have helped engage and shape the development of other financial institutions.
In 2007, we were made joint recipients of the Chairman's Award for Leadership in Sustainable Project Finance at the Financial Times Sustainable Banking Awards in recognition of our role in the revision of the Principles.
View the classification of all the projects (PDF, 159KB), to which EP was applied, that we funded in 2007.
Decision making process for project finance
Employees working in Project Finance are responsible for reviewing the status of prospective deals. Supported by the Sustainability Team, they receive thorough training on how to assess social and environmental risks and use a risk assessment tool.
In 2007, the Sustainability Team ran training programmes on the updated Equator Principles, supplemented with an e-learning module on our intranet.
Support for renewable energy
In 2007, we committed over $1.5 billion to the renewable energy sector..
We are co-funding Composite Energy's joint project with Strathclyde University and Imperial College London to investigate the potential of storing CO2 within coal beds.
Find out more about the project.
We are the lead funder and finance arranger for the Drum Housing Association based in Hampshire. Drum have recently won acclaim for pioneering work in making its properties more energy efficient.
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FAQs
- Who should I call if we have a general enquiry?
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We want to put you in touch with the right person to help you, so please have a look at the various sections on the Contact Us page.
- What is the registered address of the RBS Group head office?
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The registered address is The Royal Bank of Scotland plc, Registered in Scotland No 90312. Registered Office: 36 St Andrew Square, Edinburgh, United Kingdom, EH2 2YB.
