Unit 2

Question 1

Stake holder

Answer 1

Share holder - who collectively own the bank
Customers -savers and borrowers
Employees - provide the bank with their time knowledge
Directors/ manager - make strategic / tactical decisions.
The local economy - employment for local people and provide their services to local customer - sustaibility issues
Society - economic growth

Future generations - finance and sustainability
Regulators - financial stability
Government - pay tax

Question 2

Mission statement

Answer 2

Brief summary of the originations purpose - why it exists - what kind of product it provides main market audience
Positive aspects of their purposes

Question 3

Mission statement

Answer 3

Brief summary of the originations purpose - why it exists - what kind of product it provides main market audience
Positive aspects of their purposes

Question 4

Vision statement

Answer 4

What they want to be in the future enthuse stakeholders-
Where do we want to be in 20 years

Question 5

Value statement

Answer 5

Organisations strategy
How it operates
Excellence
Integrity

Question 6

Objectives

Answer 6

Organisations aim to achieve

Question 7

Economic sustainability

Answer 7

Allocate their resources so that short term growth does not compromise long term economic development- don’t have a negative impact on society
Reducing unsustainable consumption, reducing waste

Question 8

Social sustainability

Answer 8

Opportunity and live in prosperity. A sustained healthy, safe and educated- good living condition

Question 9

Environmental sustainability

Answer 9

Ecological balance- climate change, cutting biodediversty loss and cutting pollution

Question 10

The Paris agreement

Answer 10

Binding international treaty on climate change 196 countries
Increase in the global average temperate to well below 2c above pre industrial levels
5 cycles
Ambitious climate action

Question 11

United Nations environment programme

Answer 11

Work with the banking community to accelerate a positive global transition for people and the planet

Question 12

Purpose/ Vision/ Mission

Answer 12

Purpose- to transform the banking industry to enable it to play a lending role in achieving society’s goal.

Vision- a responsibility banking industry this is an integral past of society if the 21st century because it serves and contributes to an inclusive society that uses its natural resources sustainably

Mission- leadership role and use our product and services and relationships to support and accelerate the fundamental changes in our economies and lifestyles necessary to achieve shared property for both current and future generations