SEB Bank Awarded the Platinum Category of Sustainability Index with the Highest Score in its History - 96.4%
At the closing ceremony of the 2019 Sustainability Index awards on 13 June, SEB bank for the third year in a row was awarded the Platinum Category of the Sustainability Index, and that is the highest sustainability assessment of the company according to international requirements in all corporate social responsibility policies. The receipt of such an assessment was facilitated by the contribution – the development of a sound business strategy and good business management, creation of a pure and transparent business environment, reduction of the direct impact on the environment, and taking care of employees and customers, including provision of sustainable solutions for the development of financial services and support. This year, SEB bank received the highest total rating in its participation history - 96.4%. Besides that, on Tuesday, 11 June, at the Conference the Market of Responsible Ideas SEB bank for the 12th time already received the award "Family-Friendly" of the Ministry of Welfare of the Republic of Latvia that serves as a testimony to the bank's long-term concern about the working environment of the employees and strengthening of family values in society.
"SEB bank has been participating in the Sustainability index since 2010. In the first year we received the Silver Category, then we got Gold for six years, but since 2017, for the third year in a row, by our business activities we have proven our right to the highest – Platinum – rating. This 9-year experience of participation in the Sustainability Index shows that sustainability is not only about concern of nature, but also society, its values and attitudes that have long-term effects on our country's growth, residents' well-being and a clean environment. We at SEB bank greatly benefit from the fact that we are an international company with shareholders, who consider business sustainability one of the most important business principles. We are pleased that we have the opportunity to bring these values and basic principles to Latvia and hope that the Latvian government, legislators and executive will increasingly focus on international business ethics and governance mechanisms, and we will be able to create strong state and municipal companies, and the entrepreneurs will continue to improve their principles of business ethics, to benefit our country, people and future generations," says Ieva Tetere, CEO of SEB bank.
Besides that, on Tuesday, 11 June, at the Conference Market of Responsible Ideas SEB bank for the 12th time already received the award "Family-Friendly" of the Ministry of Welfare of the Republic of Latvia that serves as a testimony to the bank's long-term concern about the working environment of the employees and strengthening of family values in society. Each year, the conference brings together more than 120 representatives from different sectors who share good practice ideas and success stories. The Market for Responsible Ideas 2019 is organized in collaboration with the European Agency for Safety and Health at Work and this year it was dedicated to well-being, safety and health at work.