July 16, 2022/NGX
As Africa’s Global Bank, the United Bank for Africa (UBA) is committed to the highest sustainability standards in our business practices and operations. We are at the forefront of consistently delivering sustainable financial services in Nigeria and across all our countries of operation.
The Bank understands the impact of local economic, social, and environmental factors on its operating environment. Our strategic intent is to commit 1% of the group’s annual profit to Corporate Social Responsibility (CSR) activities geared toward protecting the environment, promoting educational endeavours, fostering economic empowerment, as well as supporting other sustainable projects, especially during the post-Covid-19 era.
Sustainability is a key component of UBA’s management processes. It underpins our corporate values of Enterprise, Excellence and Execution. Our sustainability targets are clearly captured in the group’s sustainability policy and framework. Our policies and frameworks are based on local and international principles and guidelines such as the Nigerian Sustainable Banking Principles (NSBP), Nigerian Stock Exchange Sustainability Disclosure Guidelines, Equator Principles, and others.
These guidelines enable the Bank’s processes and serve as the compass that guides us in identifying and addressing issues critical to our stakeholders. This Year’s report contains our sustainability commitments and achievements in 2021highlighting UBA’s materiality mapping
and our actions and commitments post Covid-19 Pandemic.
