Internal Stakeholder Consultation

This analysis illustrates the outcomes of the survey conducted internally to measure employees’ knowledge and satisfaction on a number of materiality issues related to Corporate Social Responsibility at Bank Audi.
Results showed that respondents are equally gendered, with the bulk of the respondents in the 32-45 age group and a majority tenure at an average of 5 years.
2777
BANK AUDI’S EMPLOYEES WERE
INVITED TO PARTICIPATE
451
EMPLOYEES COMPLETED THE SURVEY, REPRESENTING A PARTICIPATION RATE OF 16%
50 %
OF RESPONDENTS WERE INVOLVED IN A
SOCIALLY RESPONSIBLE COMPONENT AT
BANK AUDI
28 %
VOLUNTEERED IN A CSR INITIATIVE
AT THE BANK
Employees ranked in priority the 5 Sustainable Development Goals (SDG) that Bank Audi has recently pledged to:
SDG 4
QUALITY EDUCATION
 
SDG 5
GENDER EQUALITY
 
SDG 8
DECENT WORK AND
ECONOMIC GROWTH
 
SDG 9
INDUSTRY, INNOVATION AND
INFRASTRUCTURE
 
SDG 13
CLIMATE ACTION
 
We are very much aware that sustainability issues are not properly valued or priced in the marketplace, particularly in Lebanon, and that figuring out materiality remains more of a subjective process. In defining materiality, we are mindful of the need to account for costs incurred by the Bank, but also of the positive spillovers and externalities to others in the community, the supply chain and the broader ecosystem. This assessment was at the core of the repeated deliberations of the CSR Committee and the Group Executive Committee where the materiality process and priorities are presented and discussed each year. As listed in Table 2, we have also fleshed out each material topic where impacts occur, as well as the relevance of this material topic and its boundaries to Bank Audi. We also listed and grouped each of the material topics under the corresponding sustainability pillar.

When consulted on material issues, employees responded that the Bank should mostly focus on: