4.1 The Go!planet matrix – An analysis of ABC Banking Corporation Ltd
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4.2 The outcomes of the Go!planet matrix
As explained in Chapter 3 of this report, the Sustainable Business Value Matrix, of Go!Planet has been used in order to relate sustainability dynamics to business success within ABC Banking Corporation Ltd. The above table explores the relationship between nine sustainability factors and eight business success factors and the results are illustrated through colour coding in the above matrix.
ABC Banking Corporation Ltd was incorporated six years ago (seven years in December 2017) and though it forms part of a conglomerate (ABC Group – ranked 21st in the Top 100 Companies of Mauritius), the banking institution is relatively …show more content…
Source: ABC Banking Corporation Annual Report 2017
Moreover, in line with its Integrated Sustainability Reporting, ABC Banking Corporation Ltd ensures that all its activities, locally and in China, where the institution opened a representative office in March 2017, are carried out responsibly and ethically whilst enhancing business value for all its shareholders. Moreover, Annual General Meetings are held yearly with all Board members and shareholders in order to review the financial year’s performance and to discuss openly about the strategy of the bank, as agreed by all related …show more content…
In all its endeavors, ABC Banking complies with the rules and regulations of the BoM. For example, having Complaints forms in the bank and on the website, sending Notices to the BoM prior to the publication of the Annual Report in local newspapers. Moreover, all CSR activities of ABC Banking Corporation Ltd are publicly explained and exposed on its website, same information is available on ABC Group’s website as well as in the Annual Reports. This has a strong impact on the shareholder value because shareholders know that their investment is safe and that ABC Banking Corporation Ltd is a viable company.
- Triple Bottom Line Commitment
ABC Banking Corporation Ltd is committed towards environmental, social and economic improvements. For example, it contributes to the welfare of the society through sponsorships other than its CSR budget and it also provides services that seek to improve the living standards of its customers. However, to date, there are no ratings available with regards to the SD performance of ABC Banking Corporation as to the TBL.
- Environmental process