We have answered the call to use business as a force for good

Becoming a certified B Corp isn't just a milestone for us at CAB, it's a reflection of our core values and unwavering commitment to building even better ethical business practices and sustainable operations.

What our B Corp certification means for our clients

As part of a global community of like-minded businesses, CAB is making a positive impact on society and the environment, while attracting clients and employees who share our passion for doing good, helping to move money where it’s needed.

CAB is always looking to use our business as a force for positive social and environmental impact. We are delighted to share an important milestone in CAB’s journey and demonstrate why doing good, is good for business.

Charlie Bronks

Head of ESG

Our B Corp Journey

Our B Impact assessment was based on 2022's data; you can find our results below, which cover a total of 300 questions on key policies looking at our company's governance, employee satisfaction, community, and environmental impact. We achieved an overall score of 84.2 which is a great start for us on our sustainability journey given the median score of ordinary businesses who complete the assessment is 50.9. We look forward to strengthening our score when we re-certify in three years.

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Governance

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Workers

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Community

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Environment

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Clients

B Corp certification is regarded as the most rigorous and comprehensive Environmental, Social, and Governance (ESG) standards, requiring ongoing evidence of a commitment to real business change. The process puts the responsibility on organisations to be more transparent in their ESG progress and take accountability for the impact of their business.

ESG strategy

We integrate Environmental, Social and Governance (ESG) standards into everything we do, guided by our values of integrity, collaboration, client focus and impact.

From evaluating new opportunities, to our role on the board of the United Nations (UN) Global Compact Network UK, to the way in which we guide the growth of our business and work with our employees and clients.

Our ESG strategy aligns to the United Nations Sustainable Development Goals (SDGs) and centres around three key areas of the business

In our organisation (SDG 5, Gender Equality and SDG 10, Reduced Inequalities): We champion equal rights, diversity, and inclusion.

In our work (SDG 1, No Poverty): We provide access to financial markets to benefit the underserved and hard-to-reach.

In our world (SDG 13, Climate Action): We contribute to a thriving and resilient planet to support future generations.

Our ESG strategy also contributes to SDGs 8, 12 and 16:

SDG 8, Promote inclusive and sustainable economic growth, employment, and decent work for all
SDG 12, Responsible Production and Consumption
SDG 16, Peace, Justice, and Strong Institutions

Environmental

Met reduction targets, calculated GHG for 2019, 2020, 2021, 2022, secured offsets and declared Carbon neutral for projected carbon emissions reduction data for 2019, 2020, 2021
Combined carbon removal and offset solutions for 2022, calculated Carbon reduction plan and proposed reduction targets to 2049

Social

We have developed Social Impact Metrics to assess aid flows into financial markets to benefit the underserved and hard-to-reach; we are enhancing our capacity to measure our impact on these underserved communities
Agreed organisational Social Impact Target and KPIs for Executive committee

Governance

Achieved EcoVadis Gold Rating for 2022, 2023
Embedding ESG Strategy, B Corp certification

Our governance and culture are our delivery mechanism; we ensure accountability and transparency are embedded in our internal and external systems and behaviour. CAB is an active participant of the United Nations Global Compact Network.

EcoVadis

Crown Agents Bank has been awarded the Gold Sustainability Rating by EcoVadis, the largest and most recognised Sustainability and CSR rating agency in the world.

EcoVadis is a trusted provider of business sustainability ratings, intelligence, and collaborative performance improvement tools for global supply chains. Backed by a powerful technology platform, and a global team of domain experts, EcoVadis’ easy-to-use and actionable sustainability scorecards provide detailed insight into environmental, social, and ethical risks across 200 purchasing categories and 160 countries. CAB’s Gold Sustainability Rating ranks Crown Agents Bank within the top 94th percentile of 90,000+ companies assessed by EcoVadis across 160 countries and over 200+ industries.

Carbon Reduction Plan (CRP)

Commitment to achieving Net Zero
We are committed to achieving Net Zero emissions by 2050.

See our reduction plan

Women in Finance Charter

Crown Agents Bank is a signatory of the HM Treasury’s Women in Finance Charter. Find out more about our ambitions to promoting gender diversity.

Careers at CAB