Sustainability

Our Sustainability Stewardship

At Prudential Bank Limited (PBL), we firmly believe that our business of banking thrives because of our valued customers. Hence, we have taken steps to ensure that our services meet the needs of the current generation without compromising the ability of future generations to meet their own needs. Our Sustainability framework encompasses a comprehensive approach that integrates environmental, social and governance concerns, amongst others, in all of our decision-making and corporate planning processes. Our goal is to ensure that we deliver on our core responsibility, which is to our shareholders, customers and employees. Therefore, operating our business sustainably and building a culture of sustainability remains our primary focus We aim at contributing to a more sustainable society and continually improving the positive impacts we make by:

  • Ensuring the implementation of an Environmental and Social Risk Management System

    At PBL, we believe that good environmental, social and governance considerations are a primary objective for responsible lending Hence, we have developed a comprehensive program aimed at integrating environmental and social (E&S) risk assessment in our credit underwriting and appraisal process. This is to ensure that negative socio-economic impacts as well as environmental concerns associated with our lending practices are avoided and where possible, engage project proponents in establishing corrective mitigation measures.

  • Adopting measures to reduce our Internal Carbon Footprint

    At PBL, we remain responsible for carbon emissions associated with our activities. Hence, we are taking steps to implement innovative solutions to help reduce our carbon footprint, mainly through our operations and key resources used by the bank as we aim to contribute towards actions on global climate change mitigation.

  • Ensuring Resource Efficiency

    At PBL, we understand the value of resource efficiency, not just for our Bank but for the broader economic growth of Ghana. As a bank, we have resolved to contribute towards the global environmental and social agenda. Our objective is to ensure that our business operations, as well as our clients' activities, contribute towards achieving a circular economy.

  • Promoting Gender Equality through Diversity and Inclusion

    At PBL, we firmly believe in equality and fairness, regardless of age, gender, ethnicity amongst others. In line with growing societal demands for gender-smart solutions, we prioritize promoting inclusion and diversity within our organization. Our operations and financing decisions incorporate considerations of gender equality and diversity as part of our commitment to sustainability.

  • Ensuring the promotion of Financial Inclusion

    Our mission is to provide accessible, affordable and inclusive financial services to all, thereby making our services accessible, affordable and readily available to everyone regardless of the socio-economic barriers that may exist. We will take steps to provide innovative financing and business models which reflects our vision, with a primary focus on providing services to the unbanked and underbanked.

  • Adopting good Corporate Governance and Ethical Standards

    Our goal is to pursue business opportunities while ensuring accountability and ethical integrity. We understand that good corporate governance helps build an environment of trust, transparency and accountability which is necessary for business integrity. On the credit side, we will put in measures to refrain from doing business with entities engaged in unethical practices in their business operations.

  • Ensuring transparency through Reporting and Disclosure.

    Our objective is to ensure transparency through disclosure. Reporting remains critical to us, as it enhances market integrity and informs the performance and impact of our decisions (i.e. both operational and financial) on sustainability.

Our Sustainability Footprint

Follow our progress across key sustainability pillars as we work towards building a more sustainable future for Ghana's banking sector and the communities we serve.

Sustainability: From Waste to a New Resource At Prudential Bank

Sustainability: From Waste to a New Resource At Prudential Bank

At Prudential Bank, sustainability is not just a concept; it is integrated into our day-to-day activities. Our tenets show our commitment and resolve to achieving our goal of providing a resilient brand that serves both the present and future needs of our customers.

 

As part of our sustainability journey, we recently launched an initiative under our Resource Efficiency tenet called the “PBL Waste Segregation and Management Program.” This program is designed to minimize waste and promote efficient use of resources across all our branches and offices.

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Prudential Bank Staff Plant Trees to Support Tree for Life Restoration Initiative

Prudential Bank Staff Plant Trees to Support Tree for Life Restoration Initiative

Management and Staff of Prudential Bank have joined the government’s forest restoration project by acquiring hectares of land at the Achimota Forest in Accra and the Chipa Forest Reserve in the Eastern region to plant trees in support of the programme. 

 

A team from the Bank was at the Achimota Forest Reserve last week to plant trees in response to the government’s call under the Tree for Life Restoration Initiative, designed to rehabilitate degraded lands, mitigate climate change, and restore polluted water bodies to their natural state.

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Prudential Bank Commits To Environmental Sustainability With Tree Planting Exercise

Prudential Bank Commits To Environmental Sustainability With Tree Planting Exercise

In a bid to bolster the government’s Green Ghana initiative, Prudential Bank Limited has undertaken a tree planting exercise, demonstrating its commitment to environmental preservation. The bank’s team, led by the Managing Director, Mr. Bernard Gyebi, in collaboration with the Forestry Commission, planted tree seedlings in the Chipa Tributaries Forest Reserve in an effort to restore some of its degraded parts.

 

The team planted tree species such as Cassia, Acacia, and Mahogany over an area spanning one hectare in the reserve located at Agormeda in the Greater Accra region.

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Prudential Bank Ltd Holds Maiden Women Empowerment Seminar

Prudential Bank Ltd Holds Maiden Women Empowerment Seminar

Prudential Bank Ltd (PBL), a leading indigenous Ghanaian Bank, has held its maiden Women Empowerment seminar under the theme “Empowering Women for Sustainable Business Growth.” 

The event held in Accra was targeted at the female employees of the Bank in line with Principle 4 of the Ghana Sustainable Banking Principles (GSBPS) of the Bank of Ghana, which highlights the need for banks to promote gender equality within their operations and those of their clients. Subsequent seminars will focus on the Bank’s customers and the general public.

 

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