RBS is a signatory to a number of voluntary sustainability commitments and standards. We understand that implementing commitments is an ongoing process, and we are continuously working to integrate these into how we run our business.
We are a member of the Equator Principles (EP) Association Steering Committee. The EPs are a voluntary set of standards adopted by banks for determining, assessing and managing social and environmental responsibilities in project financing. We will not provide project finance where the borrower will not, or cannot, comply with these principles of socially responsible investment.
UN Global Compact
We have been members of The UN Global Compact (UNGC) since 2003, the leading platform for the development, implementation and disclosure of responsible policies and practices in the areas of: human rights, labour, environment and anti-corruption.
The UN Environment Programme Finance Initiative (UNEPFI) is a partnership between the UN Environment Programme and the global financial sector. Its mission is to identify, promote, and realise the adoption of best environmental and sustainability practice at all levels of financial institution operations. RBS is a signatory to the UNEPFI Statement (1997).
RBS contributed to the Thun discussion paper on the implications of UN Guiding Principles 16-21 for banks, which was launched in 2013. We are committed to the implementation of the Guiding Principles within the bank.