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GRI Part II

SPECIFIC STANDARD DISCLOSURES REFERENCE/RESPONSE ASPECT BOUNDARY
CATEGORY: ECONOMIC  
ASPECT: ECONOMIC PERFORMANCE
G4-DMA Generic Disclosures on Management Approach. Our strategic plan
Keeping operating costs low
Achieving scale through organic growth and merger
Providing better interest rates and fees for customers
Within and outside
G4-EC1 Direct economic value generated and distributed. Remaining customer owned and in Australia
Keeping operating costs low
Achieving scale through organic growth and merger
Developing a skilled workforce and engaged culture
Participating in key economic, social and environmental issues
Statutory Financial Accounts: Note 6 – Profit before income tax expense
Within and outside
G4-EC4 Financial assistance received from government Nil Within and outside
ASPECT: INDIRECT ECONOMIC IMPACTS
G4-DMA Generic Disclosures on Management Approach. Our strategic plan
Participating in key economic, social and environmental issues
Outside
G4-EC8 Significant indirect economic impacts, including the extent of impacts. Sourcing and distributing customer funds responsibly
Providing better interest rates and fees for customers
Participating key economic, social and environmental issues
Outside
ASPECT: PROCUREMENT PRACTICES
G4-DMA Generic Disclosures on Management Approach. Our strategic plan
Ensuring supply chain/partnership integrity
Outside
G4-EC9 Proportion of spending on local suppliers at significant locations of operation. Additional response:
All suppliers are from Australian markets, bankmecu has no international suppliers – 100% sourced within the Australian market.
Outside
CATEGORY: ENVIRONMENTAL  
ASPECT: ENERGY
G4-DMA Generic Disclosures on Management Approach. Our strategic plan
Treading lightly on the planet
Additional response:
Information is not provided on the evaluation of the management approach or any results of evaluation undertaken. bankmecu will endeavour to add this information in future.
Outside
G4-EN3 Energy consumption within the organization. Treading lightly on the planet Outside
ASPECT: WATER
G4-DMA Generic Disclosures on Management Approach. Our strategic plan
Treading lightly on the planet
Additional response:
bankmecu is not a high water consumer. However, in line with the precautionary approach, bankmecu monitors water consumption and ensures water saving measures are implemented where possible.
Outside
G4-EN8 Total water withdrawal by source. Treading lightly on the planet Outside
ASPECT: BIODIVERSITY
G4-DMA Generic Disclosures on Management Approach. Our strategic plan
Developing responsible banking products
Additional response:
bankmecu recognises there are negative impacts associated with providing finance to consumers. For every square metre of land cleared to make way for a new home we finance, we purchase and protect one square metre of land.
http://www.bankmecu.com.au/central-home/environment/conservation-landbank.html
Outside
G4-EN11 Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas. Developing responsible banking products
Additional response:
http://www.bankmecu.com.au/central-home/environment/conservation-landbank.html
Outside
G4-EN12 Description of significant impacts of activities, products, and services on biodiversity in protected areas and areas of high biodiversity value outside protected areas. Developing responsible banking products Outside
G4-EN13 Habitats protected or restored. Developing responsible banking products
Additional response:
http://www.bankmecu.com.au/central-home/environment/conservation-landbank.html
bankmecu partners with Landcare Australia for project management and Trust for Nature for Conservation advice on habitat conservation.
Outside
ASPECT: EMISSIONS
G4-DMA Generic Disclosures on Management Approach. 2.2.1 Our strategic plan
2.4.6 Treading lightly on the planet
Additional response:
Information is not provided on the evaluation of the management approach or any results of evaluation undertaken. bankmecu will endeavour to add this information in future.
Outside
G4-EN15 Direct greenhouse gas (GHG) emissions (Scope 1). Treading lightly on the planet Outside
G4-EN16 Energy indirect greenhouse gas (GHG) emissions (Scope 2). Treading lightly on the planet Outside
G4-EN17 Other indirect greenhouse gas (GHG) emissions (Scope 3). Treading lightly on the planet Outside
ASPECT: EFFLUENTS AND WASTE
G4-DMA Generic Disclosures on Management Approach. Our strategic plan
Treading lightly on the planet
Additional response:
bankmecu does not produce large quantities of waste. However, in line with the precautionary approach, bankmecu monitors waste and ensures waste minimisation where possible.
Outside
G4-EN23 Total weight of waste by type and disposal method. Treading lightly on the planet Outside
ASPECT: PRODUCTS AND SERVICES
G4-DMA Generic Disclosures on Management Approach. Our strategic plan
Developing responsible banking products
Outside
G4-EN27 Extent of impact mitigation of environmental impacts of products and services. Developing responsible banking products Outside
ASPECT: TRANSPORT
G4-DMA Generic Disclosures on Management Approach. Our strategic plan
Treading lightly on the planet
Additional response:
In line with the precautionary approach, bankmecu monitors transport across the business and promotes phone conferencing where possible.
Outside
G4-EN30 Significant environmental impacts of transporting products and other goods and materials for the organization’s operations, and transporting members of the workforce. Treading lightly on the planet Outside
ASPECT: SUPPLIER ENVIRONMENTAL ASSESSMENT
G4-DMA Generic Disclosures on Management Approach. Our strategic plan
Ensuring supply chain/partnership integrity
Outside
G4-EN32 Percentage of new suppliers that were screened using environmental criteria. Ensuring supply chain/partnership integrity Outside
CATEGORY: SOCIAL  
SUB-CATEGORY: LABOR PRACTICES AND DECENT WORK  
ASPECT: EMPLOYMENT
G4-DMA Generic Disclosures on Management Approach. Our strategic plan
Developing a skilled workforce and engaged internal culture
Additional response:
In line with our responsible approach to banking we have a strategic plan, with supporting policies and procedures in place, to ensure we provide a fair and decent workplace.
Within
G4-LA1 Total number and rates of new employee hires and employee turnover by age group, gender and region. Developing a skilled workforce and engaged internal culture Within
G4-LA2 Benefits provided to full-time employees that are not provided to temporary or part-time employees, by significant locations of operation. Developing a skilled workforce and engaged internal culture
Additional response:
All benefits are available to all staff members.
Within
G4-LA3 Return to work and retention rates after parental leave, by gender. Developing a skilled workforce and engaged internal culture Within
ASPECT: OCCUPATIONAL HEALTH AND SAFETY
G4-DMA Generic Disclosures on Management Approach. Our strategic plan
Developing a skilled workforce and engaged internal culture
Additional response:
bankmecu has a consistently low number of injuries and incidents reported each year. However, line with our responsible approach to banking we have a strategic plan, with supporting policies and procedures in place, to ensure we provide adequate health and safety conditions for our staff.
Within
G4-LA5 Percentage of total workforce represented in formal joint management-worker health and safety committees that help monitor and advise on occupational health and saftey programs. Additional response:
The Bank has in place an OH&S Committee designed to represent all staff in consultation with management on matters relating to health, saftey and welfare of staff.
Within
G4-LA6 Type of injury and rates of injury, occupational diseases, lost days, and absenteeism, and total number of work-related fatalities, by region and by gender. Developing a skilled workforce and engaged internal culture
Additional response:
Injuries/Incidents are recorded in our OH&S Register, as per policy and procedure. Absenteeism is recorded is our Human Resrouces Information System (Chris21).Incident:
Interstate females 2, males 0
Metro Vic females 4, males 2
Western Vic females 5, males 1
Total females 11, Total males 3
Injury:
Metro Vic females 1, males 0
Western Vic females 3, males 0
Total females 4, Total males 0
Within
ASPECT: TRAINING AND EDUCATION
G4-DMA Generic Disclosures on Management Approach. Our strategic plan
Materiality assessment
Developing a skilled workforce and engaged internal culture
Within
G4-LA9 Average hours of training per year per employee by gender, and by employee category. Developing a skilled workforce and engaged internal culture Within
G4-LA11 Percentage of employees receiving regular performance and career development reviews, by gender and by employee category. Additional response:
100% of employees received regular performance review which incorporates a development component.
Within
ASPECT: DIVERSITY AND EQUAL OPPORTUNITY
G4-DMA Generic Disclosures on Management Approach. Our strategic plan
Developing a skilled workforce and engaged internal culture
Additional response:
In line with our responsible approach to banking we have a strategic plan, with supporting policies and procedures in place, to ensure we provide a diverse and equitable workplace.
Within
G4-LA12 Composition of governance bodies and breakdown of employees per employee category according to gender, age group, minority group membership, and other indicators of diversity. Developing a skilled workforce and engaged internal culture
Developing an effective governance framework
Additional response:
7 Directors
Gender: females = 43%, males = 57%
Age: Under 30 = 0%, 31-50 = 14%, 50+ = 86%
bankmecu will investigate including a breakdown of employees for future reporting.
Within
ASPECT: EQUAL REMUNERATION FOR WOMEN AND MEN
G4-DMA Generic Disclosures on Management Approach. Our strategic plan
Developing a skilled workforce and engaged internal culture
Additional response:
In line with our responsible approach to banking we have a strategic plan, with supporting policies and procedures in place, to ensure we provide equal remuneration for women and men.
Within
G4-LA13 Ratio of basic salary and remuneration of women to men by employee category, by significant locations of operation. Developing a skilled workforce and engaged internal culture Within
SUB-CATEGORY: HUMAN RIGHTS  
ASPECT: NON-DISCRIMINATION
G4-DMA Generic Disclosures on Management Approach. Our strategic plan
Developing a skilled workforce and engaged internal culture
Additional response:
In line with our responsible approach to banking we have a strategic plan, with supporting policies and procedures in place, to ensure human rights are upheld.
Within
G4-HR3 Total number of incidents of discrimination and corrective actions taken. Nil Within
SUB-CATEGORY: SOCIETY  
ASPECT: LOCAL COMMUNITIES
G4-DMA Generic Disclosures on Management Approach. Our strategic plan
Materiality assessment
Participating key economic, social and environmental issues
Additional response:
In line with our responsible approach to banking we have a strategic plan, with supporting policies and procedures in place, to ensure we contribute to building resilience within the communities where operate.
Outside
G4-SO1 Percentage of operations with implemented local community engagement, impact assessments, and development programs. Participating in key economic, social and environmental issues Outside
FS 13 Access points in low-populated or economically disadvantaged areas by type. Participating in key economic, social and environmental issues
Facilitating digital banking
Outside
FS14 Initiatives to improve access to financial services for disadvantaged people. Participating in key economic, social and environmental issues
Facilitating digital banking
Outside
ASPECT: PUBLIC POLICY
G4-DMA Generic Disclosures on Management Approach. Additional response:
Financial and in-kind contributions for political purposes may influence or corrupt political process. In line with bankmecu‘s responsible approach to banking, it is important to be transparent and demonstrate integrity in politcal dealings and relationships.
Outside
G4-SO6 Total value of political contributions by country and recipient/beneficiary. Additional response:
bankmecu does not participate in direct political lobbying nor does it provide political party contributions. However, bankmecu advocates through the key industry association COBA and the ABA as a member organisation.bankmecu also supports some non-government organisations which do have a lobbying and advocacy role through the Bank’s Community Investment Program.
Outside
ASPECT: COMPLIANCE
G4-DMA Generic Disclosures on Management Approach. Our strategic plan
Maintaining regulatory compliance
Within
G4-SO8 Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with laws and regulations. Maintaining regulatory compliance Within
ASPECT: SUPPLIER ASSESSMENT FOR IMPACTS ON SOCIETY
G4-DMA Generic Disclosures on Management Approach. Our strategic plan
Ensuring supply chain/partnership integrity
Outside
G4-SO9 Percentage of new suppliers that were screened using criteria for impacts on society. Ensuring supply chain/partnership integrity Outside
SUB-CATEGORY: PRODUCT RESPONSIBILITY  
ASPECT: PRODUCT AND SERVICE LABELING
G4-DMA Generic Disclosures on Management Approach. Our strategic plan
Maintaining regulatory compliance
Outside
G4-PR3 Type of product and service information required by the organization’s procedures for product and service information and labeling, and percentage of significant product and service categories subject to such information requirements. Sourcing and distributing customer funds responsibly
Developing responsible banking products
Maintaining regulatory compliance
Additional response:
The Bank complies with the ASIC principles of good disclosure and with all other regulatory requirements relating to the promotion and sale of financial services and products.
Outside
G4-PR5 Results of surveys measuring customer satisfaction. Delivering outstanding customer service Outside
ASPECT: CUSTOMER PRIVACY
G4-DMA Generic Disclosures on Management Approach. Our strategic plan
Maintaining regulatory compliance
Within
G4-PR8 Total number of substantiated complaints regarding breaches of customer privacy and losses of customer data. Maintaining regulatory compliance Within
GRI: SPECIFIC STANDARD DISCLOSURES – ASPECT: PRODUCT RESPONSIBILITY
G4 DMA Generic Disclosures on Management Approach. Our strategic plan
Sourcing and distributing customer funds responsibly
Developing responsible banking products
Developing a skilled workforce and engaged internal culture
Managing risk
Outside
FS6 Percentage of the portfolio for business lines by specific region, size (e.g. micro/SME/Large) and by sector. Developing responsible banking products
Statutory Financial Accounts: Note 12 – Concentration of Loans & Geographic areas & Note 21 – Concentration of Deposits & Geographic areas
Outside
FS7 Monetary value of products and services designed to deliver a specific social benefit for each business line broken down by purpose. Developing responsible banking products Outside
FS8 Monetary value of products and services designed to deliver a specific environmental benefit for each business line broken down by purpose. Developing responsible banking products Outside
GRI: SPECIFIC STANDARD DISCLOSURES – ASPECT: ACTIVE OWNERSHIP
G4 DMA Generic Disclosures on Management Approach. Our strategic plan
Sourcing and distributing customer funds responsibly.
Outside
FS10 Percentage and number of companies held in the institutions portfolio with which the reporting organisation has interacted on environmental or social issues. Sourcing and distributing customer funds responsibly
Statutory Financial Accounts: Note 15 – Other investments at Fair Value
Outside
FS11 Percentage of assets subject to positive and negative environmental or social screening. Sourcing and distributing customer funds responsibly
Statutory Financial Accounts: Note 15 – Other investments at Fair Value
Outside