Platinum Bank presented its first Sustainable Development Report
Platinum Bank has prepared its first Sustainable Development Report named "Business with Human Face", in accordance with the international standard for non-financial reporting “Global Reporting Initiative” (GRI), under its obligations to the UN Global Compact.
The Report provides the information about the values and the Bank's strategy, policies and programs for corporate responsibility, staff development, social and environmental projects.
"The Sustainability Report of Platinum Bank is a logical and expected step in the development of the bank in Ukraine. Our bank is a responsible bank and for our customers to get a clear proof of that, we have prepared our first Report. The report demonstrates how our bank introduces and develops a policy of responsible attitude not only to clients but also to society and environment. That's why we chose the name of the report as "Business with Human Face" that best reflects our strategy, which is an integral part of corporate social responsibility" commented Greg Krasnov, CEO of Platinum Bank.
"For us, the Sustainable Development Report has become a kind of test, because we first described all our CSR activities in detail. In the process of the report preparation we have involved various departments and professionals from different fields. One of the novelties of our report is the comments of external experts in the CSR area, who expressed their views on the meaning and structural content of the report. We believe that the authoritative opinion of those experts is a proof that the data presented in the report are true, and the report fully discloses all aspects of the bank’s activities" commented Victoria Mykhno, Head of Public Relations of Platinum Bank.
A specialized company ASM Consulting acted as the consultant in preparing the first social report of Platinum Bank. The report has also successfully passed a peer review of the Centre for Interaction of Business and Society.
"In Ukraine, only a few leading companies are preparing reports based on the most difficult non-financial reporting standard of GRI, which requires a comprehensive approach and a high degree of information disclosure. The report of Platinum Bank is an unprecedented example of transparency in the banking sector not only in Ukraine but also in the CIS – the disclosed economic indicators show the readiness of the bank to openly discuss its plans, strategies, products, and to contribute to the sustainable development of society as a whole. In addition, the bank’s report has successfully passed the examination at the Center for Interaction of Business and Society that also indicates the high quality content of the report and its compliance with leading international standards for non-financial reporting" said Rostislav Kurinko, Managing Partner of ASM Consulting.
Taking into account the policy of Go Green for environmental protection, the bank decided not to publish a printed version of the report. All the stakeholders have the opportunity to read the electronic version on the website of the UN Global Compact or on the bank's corporate website: http://en.platinumbank.com.ua/view.social_responsibility/
The Platinum Bank (www.platinumbank.com.ua) - specialized retail bank, which since 2005 provides deposit and loan products to individuals and small and medium-sized businesses through its branch network and customer service outlets throughout Ukraine. The main shareholders of Platinum Bank are international investment funds Horizon Capital, East Capital Financials Fund, the Bank's management and IFC (World Bank subsidiary).
The Platinum Bank is awarded with the professional award "Ukrainian Financial Olympus" in nomination "Qualified Management of International Standard" (based on 2010 outcomes).
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Head of Public Relations of the Platinum Bank
Tel.: 8 (044) 492 90 98
Cell.: 8 (050) 440 99 86