TNB looks at social responsibility in a different way and believes it is not merely limited to donating a certain percentage from our net profits to serve specific sectors in society. It also encompasses social responsibility at the heart of the work of the bank and is part of its different policies to constitute an integrated circle to serve all sectors of society, contribute to the national economy, and to protecting the environment in order to provide sustainable contributions to develop the Palestinian society in a sustainable and effective manner.
International Initiatives
The National Bank oversees the integration of international ethical, social, and environmental initiatives into its business and adheres to best practices in implementing their principles, to guarantee an integral contribution towards developing the Palestinian society.
United Nations Global Compact
In 2013, The National Bank was proud to join the United Nations Global Compact (UNGC) initiative for business and become a signatory to the UNGC´s universally accepted ten principles for human rights, labor, environment and anti-corruption. The National Bank integrated these principles into its day-to-day operations and has since designed a variety of responsible and sustainable lending products to match the diverse and evolving needs of the Palestinian society.
The ten principles are:
Human Rights
Labor
Environment
Anti-Corruption
The Women's Empowerment Principles (WEPs)
Ever since inception, The National Bank focuses on gender equality through its unique programs, enabling women to be self-dependent and productive members of the Palestinian society. In the year 2015, The National Bank has signed the Women Empowerment Principles which is a joint initiative of the United Nations Global Compact.
The seven principles:
OPIC Environmental and Social policy
The National Bank is proud to be the first bank in Palestine to adopt and implement OPIC’s Social and Environmental policy. To ensure the best implementation, The National Bank has built a strict monitoring system to track its investments and projects adhering to the policy’s principles on compliance with law, human rights, gender equality and women’s empowerment, labour right, protection of natural habitats, conservation of biological diversity, climate change, pollution prevention and resource efficiency, public health, physical and cultural heritage and the protection of agricultural lands and soil conservation.