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.

Our news

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.

Posted In

Our news

Latest news

RBS to help 2.5 million people each year to be more financially capable

RBS has today committed to helping 2.5 million people in the UK each year to improve their financial capability.

RBS to increase lending to sustainable energy sector following £1.1bn securitisation of loans to UK sustainable energy market

RBS has executed a £1.1bn securitisation deal with Macquarie Infrastructure Debt Investment Solutions (MIDIS), which will allow the bank to recycle capital and increase lending to the sustainable or renewable energy sectors.

RBS launches £1 billion Female Entrepreneurship Funding and announces targets to help create at least 50k new businesses by 2023

RBS has today announced a new £1 billion in funding through NatWest to support female entrepreneurs in the UK to scale and grow – the largest intervention by a UK lender focused specifically on female-led businesses.

Set Tab for lightbox