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National Australia Bank Code of Conduct

   

Added on  2023-02-01

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Running head: GOVERNANCE ETHICS AND SUSTAINABILITY
GOVERNANCE ETHICS AND SUSTAINABILITY
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1GOVERNANCE ETHICS AND SUSTAINABILITY
National Australia Bank Code of Conduct
Recognized as one of the most leading business banks in Australia, we work with small,
medium as well as large businesses. The National Australia Bank has been consistently operating
its business from the start of these businesses in order to support them through every vital stage
of the business lifecycle
Natioanal Australia Bank
Source: (Nab.com.au 2019)
NA
About Code of Conduct
At National Australia Bank, we uphold certain universal values and standards along with
a common way of working together. This code of conduct covers a wide range of business
practices and procedures. it establishes fundamental principles for National Bank of Australia its
subsidiaries and the Board Of Directors to follow representing power core principles and values
in our business dealings. The code of conduct implies to all employees whether full time, part

2GOVERNANCE ETHICS AND SUSTAINABILITY
time, contractual or temporary in addition to the board members. All individuals covered by our
code must conduct themselves accordingly and seeks to mitigate even the appearance of
immodesty or a conflict of interest ((Nab.com.au 2019). Those who are the standards and
principles in this code will be subject to disciplinary action and even termination of employment.
The National Australia Bank is committed to demand its workforce and investors adhere
to the same high standards of ethical and disciplinary conduct in the performance of the bank’s
business.
Our Values
NAB is highly committed to achieve sustainable performance and further delivering
considerable value to all our customers, employees as well as stakeholders, without
compromising our values and trusted reputation ((Nab.com.au 2019).
Our core values lie on protecting individuals who have been making authentic rules,
guidelines, and disclosures and seriously condemn any acts of victimization or unfavourable
consequences such as demotion, inequality, dismissal or any other difficult treatment in reprisal
for those authentic disclosures.
Our business dealings
At NAB, we recognize that a bank must uphold special roles and responsibilities. The
fundamental business of NAB is established on a commitment to successfully create more of
what mainly matters for people, communities and the financial system. Through our business we
aim to establish a conviction which will increase the motivation of our people to engage into the

3GOVERNANCE ETHICS AND SUSTAINABILITY
right thing, show enthusiasm for clients, win collectively and further show high dynamism and
respect and deference for people ((Nab.com.au 2019).
Our customers and communities
At the National Australia Bank, we believe we have both the prospect and the
accountability to create the perfect balance of economic, social as well as environmental
conditions for our customers, clients, stakeholders, investors and communities at present and in
the future ((Nab.com.au 2019).
Compliance with laws, rules and regulations
Adherence to the law both in letter and in spirit is is the core foundation on which
National Australia Bank's ethical standards are established. All employees must respect and obey
the laws written in the code of conduct. All employees as well as directors of the bank are
accountable for comprehending the laws and regulations which associate with their respective
responsibilities ((Nab.com.au 2019). However the Bank does not expect any individuals to know
the details of every law regulation but expects employees to know when to seek suggestions
from supervisors, leaders, managers when an issue of law arises which can impact the decision
making for business of the organisation.
We, the National Australian Bank will focus on the following areas in our code of conduct.
A) Discrimination
The National Australian Bank is highly committed in providing a work environment that
sincerely disregards and condemns all forms of harassment, marginalisation or discrimination
acts as per the following legislations:

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