RBS 2013 Annual Report Download - page 34

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Association Steering Committee. The EPs are
a voluntary set of standards adopted by banks
for determining, assessing and managing
social and environmental responsibilities in
project financing. We will not provide project
finance where the borrower will not, or cannot,
comply with these principles of socially
responsible investment.
We have been members of the United Nations
Global Compact (UNGC) since 2003, the
leading platform for the development,
implementation and disclosure of responsible
policies and practices in the areas of: human
rights, labour, environment and anti-corruption.
Each year RBS receives ratings for its
environmental and social performance by
external indices. RBS has been included in the
Dow Jones Sustainability World Index (DJSI)
every year since its launch in 1999, achieving
our best ever score in 2013. The Index
ranks companies’ corporate sustainability
performance, based on analysis of economic,
environmental and social issues like corporate
governance, risk management, branding and
climate change.
The CDP is an independent, investor-driven
organisation which facilitates the
measurement and disclosure of Green House
Gas (GHG) Emissions for 2,500 organisations
in over 60 countries. In 2013 RBS received a
disclosure score of 88% and a performance
score B.
The FTSE4Good Index Series measures the
performance of companies that meet globally
recognised corporate responsibility standards.
RBS has been included in the FTSE4Good
since it was launched 10 years ago.
Transparency and disclosure
We are committed to being open and transparent
in our reporting of material issues facing our
company. Here we present data on our GHG
emissions, diversity data, as well as an update
on our approach to managing Human Rights
issues. To find more sustainability data read
our latest Sustainability Report, available at
rbs.com/sustainable.
Managing our impact on the environment
We aim to be recognised as a leader
among large global financial institutions in
managing our own environmental impacts and
developing financial services that support
sustainable development.
The activities of RBS and those of our clients
can present a number of Environmental,
Social and Ethical (ESE) risks and it is our
responsibility to manage these risks. We have
a robust ESE policy framework, with sector
specific policies relating to high risk sectors
including oil and gas, mining and metals and
forestry.
We are reducing the environmental impact of
our operations, led by our 2011 Environment
Targets that cover our use of energy, water,
waste, paper and CO2 emissions from
business travel. In order to ensure our targets
continue to be stretching, we have
re-examined the baseline on which they
are set and adjusted for the decrease in
headcount the company has experienced
since they were set.
For a full breakdown of our direct environmental
impacts, as well as the basis of reporting for
the data above, please visit our sustainability
pages on rbs.com.
Assessment Parameters
Baseline year 2011
Consolidation approach Operational control
Boundary summary All entities and facilities either owned or under operational control
Emission factor data source DEFRA (2013)
Assessment methodology The Greenhouse Gas Protocol revised edition (2004)
Materiality threshold Materiality was set at group level at 5%
Intensity ratio Emissions per full time employee (FTE)
Independent assurance Limited assurance provided by Deloitte LLP over all Scope 1* and 2** GHG emissions
GHG Emissions 2011 2012 2013
Change
2011 vs 2013 (%)
Change
2012 vs 2013 (%)
Total Scope 1 CO2e emissions (tonnes) 73,117 61,880 79,855 +9.2% +29%
Total Scope 2 CO2e emissions (tonnes) 559,389 486,872 434,816 -22.3% -10.7%
Total Scope 1 & Scope 2 CO2e emissions (tonnes) 632,506 548,752 514,671 -18.6% -6.2%
Total Scope 1 & Scope 2 CO2e emissions per FTE (tonnes) 4.7 4.3 4.2 -12.1 -3.2
Total Scope 3 CO2e emissions (tonnes) 79,120 6 7,10 9 89,16 4 +12.7% +32.9%
Emissions of ozone-depleting gases
Emissions of ozone-depleting gases (tonnes) n/a 9,18 5 23,928 n/a +160.5%
Incidents
Total number of environment incidents, fines and
legal non-compliance 000n/a n/a
* Scope 1: Emissions from fluorinated gas loss and
fuel combustion in RBS premises/vehicles
** Scope 2: Emissions from electricity, district heating
and district cooling used in RBS premises
Scope 3: Emissions related to RBS business travel
Environmental impacts table