NatWest Group

InfluenceMap Score
C
Performance Band
67%
Organisation Score
47%
Relationship Score
Sector:
Financials
Head​quarters:
Edinburgh, United Kingdom
Brands and Associated Companies:
NatWest Markets, Royal Bank of Scotland, NatWest
Official Web Site:
Wikipedia:

The NatWest Group, formerly Royal Bank of Scotland Group (RBS), appears to have had some engagement on sustainable finance policy, which has been limited to high-level supportive statements.

NatWest Group has stated support for the transition to a low-carbon economy and appears to support investment strategies guided by the need to achieve zero-carbon economies by 2050 as a founding member of the Net-Zero Banking Alliance in 2021. In 2019, NatWest Markets expressed high-level support for the Taxonomy and green bond standards in website articles. In a 2021 website article, NatWest also offered broad support for the EU Taxonomy, Corporate Sustainability Reporting Directive (CSRD) and the integration of sustainability into investor duties. Also in a 2021 website article, NatWest supported ambitious TCFD standards, which are likely to inform regulations.

In response to an FCA consultation on green finance in 2019, RBS stated support for the integration of the TCFD recommendations into reporting frameworks, the EU's taxonomy and supporting/penalizing factors in capital requirements.

NatWest has described a small number of sustainable finance policy positions in broad terms. NatWest has disclosed memberships to third-party organizations, but has not given further details on further indirect influence.

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Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
40%
 
40%
 
49%
 
49%
 
53%
 
53%
 
50%
 
50%
 
43%
 
43%
 
47%
 
47%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.