TEN

Good governance

SDG 16 prioritises the building of effective, accountable and inclusive institutions at all levels. Standard Bank aims to set an example by doing the right business the right way and embedding ethical decision-making across the bank. We engage with government and regulators where we operate to support evidence-based policymaking and constructive dialogue between the public and private sectors.

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We’re also working towards developing a more systematic approach to stakeholder engagement as part of our responsible corporate citizenship.

Doing the right business, the right way

Building a strong ethical culture requires ongoing awareness-raising and reinforcement. Our code of ethics provides guidance on practically living our eight values, including upholding the highest levels of integrity. The group social and ethics committee is responsible for ensuring that we act ethically in relation to internal and external stakeholders, and society more broadly. We track fines and penalties issued against the bank to assist us to identify problems and implement appropriate remedial action.

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Our nine-year partnership with The Global Fund to Fight AIDS, tuberculosis and malaria goes beyond providing prevention, treatment and care services to millions of people. It revitalises communities, strengthens health systems and improves economies.
– Sola David-Borha, Chief executive of Africa Regions, Standard Bank Group

©2014 Standard Bank is a licensed financial services provider in terms of the Financial Advisory and Intermediary Services Act and a registered credit provider in terms of the National Credit Act, registration number NCRCP15.

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