The SBM Group has articulated and endorsed a clear and comprehensive Sustainability Agenda. As a responsible and caring organisation, we are fully conscious that it is our prime duty to do our best to go beyond our financial figures for the benefit of our stakeholders.
Aligned with our core and long-standing purpose of fuelling meaningful and positive change in the economies and societies in which we operate, the objective of the SBM Group Sustainability Agenda is to nurture a coherent and consistent approach across our operating entities and to focus our efforts on initiatives where we can make the greatest difference. In this spirit, the Agenda defines how we aspire to constantly promote the sound and sustainable progress as well as the well-being of our organisation and its numerous stakeholders, including shareholders, employees, customers and our presence countries at large.
Our focus is to apply a sustainability lens to everything we do - operationally to future-proof our business model; with our customers in the products that we develop and the advice that we offer; and with our communities to tackle inequalities at their very root causes. With our purpose of creating value for our stakeholders and the society firmly in mind, the United Nations Sustainable Development Goals (SDGs) have provided a sound framework for identifying how SBM can play a more active role in the sustainable development of our countries of presence.
For the SBM Group, sustainability is all about making a positive lasting impact that supports the well-being of our people and planet to co-create a sustainable and inclusive future.
Our approach to sustainability is targeted and collaborative. It addresses the critical and emerging Environmental, Social and Governance (ESG) issues which impact the Group and the communities we serve. ‘RE:ACT FOR IMPACT’ represents our commitment to rewire our society as well as achieve systemic change at the pace and scale required to attain climate targets.
The SBM Group Sustainability Agenda is driven by 3 core pillars:
Supported by 13 commitments and 50 initiatives, SBM Group aspires towards an equitable society, a vibrant economy and a zero-carbon world. These core pillars express the Group’s consistent engagement to lowering our environmental footprint, supporting social fairness, and generating responsible and sustainable economic growth. The work across these pillars is interrelated, and the Group is focused on putting its soul and heart into connecting and innovating, into challenging and supporting each other with the aim to help rewire our society as well as achieve systemic change at the pace and scale required to attain climate and social equity targets.
We are committed to customer-focussed transformation for a sustainable future; driving climate transition through sustainable finance solutions; empowering entrepreneurship through financial inclusion; investing in capabilities and technology to establish meaningful relationships and become the financial partner of choice.
We are committed to sound governance that strives for the highest level of quality and integrity; to moulding a work ethic around responsible business practices that underpin the life-long employability of our workforce, a healthy working environment and a work-life balance, all while placing sustainability at the core of our organisation and stakeholder interactions.
We are committed to tackling inequality and promote greater economic inclusion while empowering the next generation to learn, earn and thrive. We believe in accentuating the climate dimension of women’s empowerment initiatives and aim to balance the gender representation of our workforce and create a gender-balanced leadership to meet future business imperatives and build long-term resilience.
Click here to view our Sustainability report 2022