Africa & Middle East
|Date joined:||7 May, 2008|
|Initiatives:||Principles for Responsible Banking|
The Zenith Bank Group is a leading financial services institution with its Head Office in Nigeria with subsidiaries in Ghana, Sierra Leone, The Gambia, United Kingdom (UK), United Arab Emirates (UAE), and Representative Offices in South Africa and the People’s Republic of China. Zenith Bank is Nigeria’s largest and Africa’s 6th largest financial institution by tier-1 capital and its shares are traded on the Nigerian Stock Exchange (NSE), London Stock Exchange (LSE) and Irish Stock Exchange (ISE).
Zenith bank places premium on its core business strategy which is anchored on People, Technology and Service to create value for its clientele. With strict adherence to global best practices, the bank combines market knowledge, professionalism, expertise and ICT to fuel its business model and ensure sustainability.
Zenith Bank Plc and Corporate Social Responsibility (CSR)
Guided by the United Nations Environmental Programme Finance Initiative (UNEP FI), Nigerian Sustainable Banking Principles (NSBP) of the Central Bank of Nigeria (CBN) and the United Nations Global Compact (UNGC) Principles, Zenith bank is committed to ensuring that the environmental, social and economic impacts of its offerings are carefully considered to obliterate or minimize negative outcomes. The bank published its maiden Sustainability Report (‘Nurturing Our People, Planet, and Profit), covering its economic, social and environmental activities and performance from January to December 2015, which highlighted its various corporate social responsibility initiatives. The second edition of the Sustainability Report for 2016 (‘Creating Wealth Sustainably’), showing the progress made in the sustainability and corporate social responsibility journey, was published in August, 2017.
As shown in the reporting database of the Global Reporting Initiative (GRI), over 100 companies have so far adopted the new GRI Standards worldwide. Zenith Bank is one of these global early birds.
At Zenith Bank, corporate social responsibility (CSR) is a way of life and an entrenched corporate culture. Through its Corporate Sustainability and Responsibility Department, the bank ensures that its social, economic and ecological obligations to the communities where it operates are met efficiently and professionally. The bank’s sustainability and corporate social responsibility initiatives is hinged on the belief that today’s business performance is not all about the financial numbers. The bank believes that institutions’ social investments, contributions to inclusive economic growth and development, and improvements in the condition of the physical environment all constitute the balanced scorecard.
The communities within which the bank operates constitute an integral part of the Zenith family. The bank treats the wellbeing of its host communities with utmost seriousness and constantly elicit their feedback on how they could continue to live and coexist better, together.
View Zenith Bank’s Sustainability Report here