Managing for Sustainability

Running head: MANAGING FOR SUSTAINABILITY
MANAGING FOR SUSTAINABILITY
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MANAGING FOR SUSTAINABILITY1
Executive Summary
Sustainability Reporting is used as summary of regulatory, ecological and communal effects of
companies because of their daily activities. This type of reporting has enabled NAB to
emphasize their guarantee towards global economy further assisting them to measure,
comprehend and connect with financial, environmental, administrative and social performances,
Sustainability Reporting further has been serving NAB to effectively set up goals and attain
essential changes in highly operative method. NAB has built robust community for
strengthening global competition on SDGs presented by the United Nations Assembly as vital
part of its 2030. NAB redirects organisation’s approach towards life and also highlights on the
business’s determinations towards doing something unlike, particularly by monetarily and
socially supporting the Indigenous populace of Australia and aids them to advance and prosper.
NAB with its recurrent supportable practices has been reassuring to ongoing immediate revenues
to found continual relations with stakeholders who serve highly imperative role for
organizational supplies. On the other hand, Stakeholder theory clarifies essential aim of
organization in generating importance for its investors at all levels. NAB has built stronger
community for reinforcing global competition on SDGs introduced by the United Nations
Assembly as vital part of its 2030 Agenda. The following paper has offered comprehensive
insights and analysed National Australia Bank sustainable practices by shedding light on its
current activities and contribution towards people and the planet.

MANAGING FOR SUSTAINABILITY2
Table of Contents
Introduction......................................................................................................................................3
Discussion........................................................................................................................................3
NAB approach towards sustainable practices..............................................................................3
NAB’s ESG (Environmental, Social and Governance) Risk Management and Green Bond
Framework...................................................................................................................................4
Green Bond Framework..............................................................................................................5
Sustainability Reporting Undertaken by NAB............................................................................5
NAB Investments on Energy Efficient Assets.............................................................................6
NAB’s ‘Outside in’ Strategy.......................................................................................................7
Conclusion.......................................................................................................................................8
References........................................................................................................................................9

MANAGING FOR SUSTAINABILITY3
Introduction
National Australia Bank is recognised as one of the four largest financial organisations in
Australia in terms of revenues client and market capitalisation. Being one of the largest business
banks, NAB has been working with small, medium and large businesses and support them to
every stages of the business growth. Official website of the company highlights that NAB
financially aids some of the most important infrastructures in the Australian communities which
includes educational institutions, hospitals and transportations (NAB.com 2019). NAB's vision
relies on being Australia’s primary bank, which will be trusted by wide range of customers for its
outstanding services (Lewis 2016). Additionally, the core purpose of NAB principally guide and
motivate the company’s board, its leaders and most importantly the people in order to deliver
industry leading sustainable results for its customers, stakeholders and most importantly to the
broader community. NAB set targets as well as assurances in order to attain improved business
as well as social outcome (Rashidi and Cullinane 2019). This targets support the United Nations
Sustainable Development Goals (SDGs) direction to stronger future, for the people and the
planet. The following paper aims to analyse National Australia Bank sustainable practices by
shedding light on its current activities and contribution towards people and the planet.
Discussion
NAB approach towards sustainable practices
Corporate Social Responsibility and sustainable practices reinforce key business
strategies with the core purpose of establishing value over long-term management approach 9
(Hetze and Winistörfer 2016). NAB considers effective management of environmental,