RBS leads the field in transparent reporting

RBS leads the field in transparent reporting

RBS has scored top in the UK in the 2014 Transparency in Corporate Reporting - UK study, which was released today by Transparency International.

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05 November 2014

The study measures how transparent the top 60 UK companies are in their reporting

RBS scored 7.6 out of 10, significantly ahead of other UK companies as well as the top global 100 companies by market cap. 

The study measures how transparent the top 60 UK companies are in reporting their anti-corruption programmes, how transparent they are in listing subsidiaries and holdings and in reporting basic financial data in all the countries they operate.

Transparency International who conducted the survey believe that: “companies have a responsibility to report publicly in these areas to demonstrate their commitment in doing business honestly.” 

Andrew Cave, RBS Chief Sustainability Officer said : “We are very realistic about how much work we have ahead of us to achieve our goal of being the most trusted bank by 2020, but we are determined to get there – milestones like this ranking give us reassurance that we are beginning to make some real progress.”

You can read more from Andrew in his blog post.

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