The poll, which ran in the EUBankers showed that 43% of respondents believe that their organizations are committed to corporate responsibility.
The result shows that readers see their firms as putting a fair amount of their resources to philanthropic activities.
Over the years, European banks and financial organizations have recognized the importance of corporate social responsibility as they strive to become good corporate citizens. Recognizing that their business have profound impact on their surroundings, these organizations get involved in causes outside the financial sector including environmental protection, poverty alleviation, education, human rights, among others.
Trevor Robers, EUBankers publisher said: “The poll results sends a positive signal on how much financial organizations in Europe value corporate responsibility. Financial organizations have realized that it is through enriching communities that they can guarantee sustainability and profitability for their businesses.”
The poll, however, also shows that one-third (33%) of the respondents think that their respective firms are not putting enough commitment toward CSR and charity work. Fourteen percent (14%) responded that they think their organizations are “going in the right direction” when it comes to corporate responsibility.
