Changing behaviour through sustainable sourcing and responsible lending

written by Sachiko Suzuki Increasing globalisation is making it increasingly harder to trace where and how goods are sourced and produced, or where your savings and superannuation are ultimately being invested. This article was spurred by a recent Oxfam report on the linkages between Australian Big-Four banks and land grabbing in developing countries: Banking on […]

Changing the way business is done – South African integrated reports

written by Carol Adams Changing the way business leaders and their investors think is a prerequisite for real change towards social, environmental and economic sustainability.  A focus on the longer term and thinking about value in non-monetary terms, means thinking about people, relationships, know-how and the natural environment and how they create value, rather than […]

RBS Sustainability Review 2013: building trust & developing integrated thinking

written by Carol Adams The Royal Bank of Scotland Group’s RBS Sustainability Review 2013 begins with the words, in a Foreword jointly signed by the Chairman and Chief Executive, “In 2013, we were the least trusted company in the least trusted sector of the economy. That must change”. This report is a significant step change from […]

Data is key to tackling sexism in the workplace and beyond

written by Carol Adams Violence against women, rape, bungling of rape cases, sexism at work and in leadership are prominent topics in news headlines. Such crimes and injustices are borne out of cultures that tolerate them. Poor cultures in the workplace reflect and influence attitudes and behaviours more broadly in society. Organisations are obliged to […]

The role of the (bank) CFO in value creation: an interview with Mark Joiner, NAB

Mark Joiner, outgoing CFO of one of the world’s top 40 banks discusses the need to redefine value and rethink business models in this interview with Carol Adams. Mark has held Chief Financial Officer (CFO) positions at the National Australia Bank (NAB) and Citigroup Inc, prior to which he spent 16 years with the Boston Consulting Group reaching the […]

What is a ‘sustainable’ bank? An interview with David Korslund, Global Alliance for Banking on Values

“Sustainable banks start by determining basic human needs to be met and then deliver financial services which meet those needs,” says David Korslund, Senior Advisor to the Global Alliance for Banking on Values (GABV) in conversation with Carol Adams. “In contrast”, he suggests “most banks start by asking ‘how can we make as much money as […]

The banking sector and integrated reporting: focus on HSBC

written by Carol Adams There are good reasons for banks to adopt integrated reporting and think beyond compliance requirements. With nine of ninety plus businesses in the International Integrated Reporting Council’s (IIRC) pilot, the sector is leading the way in integrated reporting.  The nine are: BBVA (Spain); BNDES and Itau Unibanco (Brazil); DBS Bank (Singapore); […]

Developing integrated thinking: an interview with bankmecu’s CEO Damien Walsh

Damien Walsh became Managing Director of bankmecu in 2011, following eight years as General Manager Corporate Services.  He shared with me the bank’s experience in developing its first integrated report, my analysis of which you will find here. What have been the key challenges in developing integrated reporting? Culturally there haven’t been any. As you […]

Next steps in integrated reporting: bankmecu

written by Carol Adams bankmecu is an IIRC integrated reporting pilot company. The 2012 annual report is the bank’s first ‘integrated’ report.  It won the awards for best integrated and best online report in the 2013 Australasian Reporting Awards. Reporting history Up until 2010 bankmecu produced a separate annual and sustainability report.  Reports dating back […]

Four Questions with Paul Monaghan

Carol Adams speaks with Paul Monaghan who led sustainability initiatives at the Co-operative in the UK for almost two decades. 1. Over the 18 years you have been leading sustainability initiatives at the Cooperative in the UK, what changes have you seen in business attitudes towards managing and being accountable for sustainability performance?  Yes, for nearly two […]