Transparency & disclosure

Stakeholder view and relevance to NAB

Our operations have a significant impact on the economies and societies we operate within. So we’re expected to be transparent on our operations, profitability and the impacts of our business.

In 2016, there’s been continued growth in requests for information on how we manage areas such as:

  • Organisational culture
  • Climate change
  • Taxation

We take our role in society seriously, and are committed to clear and transparent management of our business.

How we are responding

  • We improved disclosure of ESG management and performance, as measured by external agencies (Dow Jones Sustainability Index, FTSE4Good and CDP).
  • We signed up to the Voluntary Tax Transparency Code and as such will be launching further detailed disclosures of our tax contributions annually.
  • We have continued our involvement with the International Integrated Reporting Council, supporting their business network and seeking to drive enhanced corporate reporting.
  • To drive consistency in the disclosure of carbon risk, we have continued our involvement in the Portfolio Carbon Initiative.
  • We have provided additional disclosure on the measures we are taking to drive an organisational culture that prioritises positive customer outcomes and ethical conduct.
  • For more information, see the full 2016 Dig Deeper report.

Index and assurance

Read an outline of how we:

  • Structure report content to make it easier to find what you need and compare performance
  • Support the United Nations Global Compact and Sustainable Development Goals
  • Engage assurance providers to give our readers confidence in disclosures.

NAB NUMBERS

View the highlights of our 2016 performance year