Friday, December 18, 2020 / 5:17 PM / NSE / Header Image Credit: FBN Holdings
The sustainability approach is designed to deliver value in a structured way along four key areas. These are: driving sustainable finance & investments; empowering people; supporting our communities and contributing to environmental sustainability.
On 31 March 2019, FirstBank turned 125. Since 1894, we have been standing together with the Nigerian people through ground breaking historical events, from the nation's amalgamation in 1914 to its independence in 1960 and through many military and democratic regimes. We have seen the Nigerian public through the turn of two centuries and even a new millennium. Our story is the story of Nigeria and the Nigerian people, and other climes beyond Nigeria and Africa. Our success as an organisation has been largely driven by our vision of nation building. We have provided structure for commerce in the African region, which makes us an enabler in Africa and beyond. Our commitment to nation building largely informs our approach to corporate responsibility and sustainability (CR&S) which is three-pronged: citizenship, stakeholder management and impact management. Citizenship and stakeholder management involve considering the needs of stakeholders when making decisions; while impact management is about minimising our negative impacts and increasing our positive inclusive impacts on society. It is about creating long-term stakeholder value by adopting the opportunities and managing the associated environmental, social and governance risks. The CR&S approach is contained in the Group's corporate responsibility policy. The policy clearly outlines our commitments and approach to corporate responsibility, as well as the Group's CR&S governance framework. The policy's scope and respective guidelines apply to operations and activities throughout the Group, including the subsidiaries in all locations, stakeholders and associated partners representing the Group.
The CR&S approach is designed to deliver value in a structured way along four key areas within the subsidiaries of FBN Holdings: driving sustainable finance and investments; empowering people; supporting our communities; and contributing to environmental sustainability. Driving sustainable finance & investments Our customers remain a vital element of our business. We constantly seek ways of providing products and services to meet their needs while ensuring that we manage our environmental, social and governance impacts in the process; thus, contributing to overall sustainable growth and development. Empowering people We are committed to growing our people; providing opportunities and a supportive environment and culture for personal development. Supporting our Communities We invest our time and resources as part of our responsibilities to enrich the communities in which we work and live. Contributing to environmental sustainability We are committed to avoiding or minimising environmental impacts beyond our responsible lending and investment efforts.
Visit FBN Holdings Plc IR Page in Proshare MARKETS
Graph - One Year Share Price Movement
Table: Q3 2020 Unaudited Results