Corporate Social Responsibility

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Transcript of the video "Corporate Social Responsibility in 2021"

As part of our overall mission, we are committed to being a socially responsible and sustainable organisation, which we believe will help us achieve our vision: trusted by the public, respected by our peers and a fulfilling workplace for our people.  

Our corporate social responsibility (CSR) activities are governed by our CSR Policy Statement. Our CSR Working Group, made up of staff volunteers, meets regularly and provides oversight of all CSR activities undertaken and funded by the Central Bank. The group reports to the Central Bank’s Senior Leadership Committee, provides an Annual CSR Report to the Central Bank's Commission, and a section in the Central Bank’s Annual Report.

CSR Annual Report 2021 | pdf 1838 KB

Business in the Community Ireland

business-working-responsibly

We are a member of Business in the Community Ireland (BITCI), a non-profit body that helps organisations to develop a strategic approach to CSR. BITCI recognises examples of CSR best practice by awarding the "The Business Working Responsibly Mark", which lasts for three years. This accreditation is awarded to organisations that have been assessed by BITCI and shown to have high standards in corporate responsibility. The assessment is independently audited by the National Standards Authority of Ireland. The Central Bank was first awarded the Mark in 2018 and in 2021 we were proud to be recertified by BITICI for our CSR work.

How do we evaluate the impact of our CSR initiatives?

We are conscious of our ability to be a positive influence on the behaviour of others by leading on and by promoting important wider social issues relevant to our mandate as well as setting the standards for the financial services industry.  We coordinate and report on progress, to our Commission and through our website and Annual Report, under the following five strategic pillars:

  1. Workplace
  2. Environment
  3. Governance and Communications
  4. Community
  5. Marketplace

See also: