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What does Principle 1 of alignment mean in the context of business strategy?
What does Principle 1 of alignment mean in the context of business strategy?
Strategic alignment means gearing a bank’s business strategy towards being consistent with, and contributing to, the Sustainable Development Goals (SDGs), the Paris Climate Agreement, and other relevant national, regional, or international frameworks.
What are some of the frameworks that a bank should align its business strategy with?
What are some of the frameworks that a bank should align its business strategy with?
A bank should align its business strategy with the Sustainable Development Goals (SDGs), the Paris Climate Agreement, and other relevant national, regional, or international frameworks, such as the UN Guiding Principles on Business and Human Rights.
Why is it important for a bank to align its strategy with society's goals?
Why is it important for a bank to align its strategy with society's goals?
By aligning its strategy with society's goals, the bank shows that its business, and the products and services it provides, can support a sustainable future while achieving long-term business benefits.
What does it mean for a bank to accept its shared responsibility?
What does it mean for a bank to accept its shared responsibility?
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How does strategic alignment benefit a bank's business?
How does strategic alignment benefit a bank's business?
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