UN Sustainable Development Goals| RBS

 

Important: We have published information about our new strategy and purpose, please see the Strategic Report and supporting announcements to find out more.


UN Sustainable Development Goals

United Nations Sustainable Development Goals chart in coloured boxes with icons
We’re very conscious of our obligations under the UN Sustainable Development Goals. We recognise the importance of understanding the implications of climate change, and what that will do to our business and to the business of our customers. We have a strong track record in alternative energy projects. And overall we are working to build a more sustainable bank in a very broad societal, economic and environmental context.

 

Sir Howard Davies, Chairman


We recognise that we will need to think differently to rise to the challenge of the Global Goals. We are committed to working collaboratively and exploring options with our partners, stakeholders and peers to achieve a better future for everyone.

 

Kirsty Britz, Director of Sustainable Banking

 

UNEP Finance Initiative logo
Sustainable Development Goals logo

 

RBS became one of the Founding Signatories of the UN Principles for Responsible Banking in 2019, committing to aligning our strategy to the 2015 Paris Agreement and the UN SDGs. This commitment will help us align the value we create in 2020. During 2019 we engaged a range of stakeholders to help align our future purpose and commitments on learning, enterprise and climate with the UN SDGs. See the Future Strategy pages of the Strategic Report.

RBS issues inaugural Social Bond to help conserve and create jobs in deprived areas of the UK

In November 2019, RBS issued its inaugural Social Bond, the first of its kind by a UK financial institution and the first exclusively social bond issued under ICMA's Social Bond Principles in the UK by any financial institution. The Social Bond reaffirms the Bank’s commitment to addressing regional inequality by supporting SMEs to create and retain jobs in some of the most deprived areas in the UK.

 

The issuance is under RBS’s new Green, Social and Sustainable Bond Framework which paves the way for future issuance in support of our sustainability ambitions, while enabling our customers to make a positive impact on society or the environment. The issuance follows the commitment made by Chief Executive Alison Rose to build a more sustainable, purpose led bank that champions the communities we serve and helps them to thrive.

Set Tab for lightbox