Nationwide Building Society 2009 AR2
The report outlines Nationwide's performance and corporate responsibility initiatives for the fiscal year ended April 4, 2009. Despite challenging market conditions and a significant reduction in underlying profit to #393 million, the company maintained strong capital ratios with a Core Tier 1 ratio of 12.1%. Nationwide expanded its community investment, including a #3 million MoneyActive partnership with Citizens Advice and a new partnership with Shelter. In environmental efforts, the company decided to invest the price difference of conventional electricity into energy efficiency initiatives within its buildings. Additionally, Nationwide transitioned its point-of-sale paper supply to Forest Stewardship Council certified sources to promote sustainable forest management.
Company: Nationwide Building Society
Sector: Financials
Country: United Kingdom
Year: 2009
Type: AR2
Pages: 136
Nationwide Building Society
The report outlines Nationwide's performance and corporate responsibility initiatives for the fiscal year ended April 4, 2009. Despite challenging market conditions and a significant reduction in underlying profit to #393 million, the company maintained strong capital ratios with a Core Tier 1 ratio of 12.1%. Nationwide expanded its community investment, including a #3 million MoneyActive partnership with Citizens Advice and a new partnership with Shelter. In environmental efforts, the company decided to invest the price difference of conventional electricity into energy efficiency initiatives within its buildings. Additionally, Nationwide transitioned its point-of-sale paper supply to Forest Stewardship Council certified sources to promote sustainable forest management.
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Document Details
Report Year
2009
Reporting Period
Apr 5, 2008 - Apr 4, 2009
Fiscal Year
2009
Published
Jun 1, 2009
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees