Our integrated reporting and social balance sheet cover 100% of the Orabank Group’s perimeter including Orabank SA (Holding), all banks (Orabank Benin, Orabank Gabon, Orabank Guinée, Orabank Mauritania, Orabank Togo) and Orabank Côte d’Ivoire with all branches (Orabank Burkina Faso, Orabank Côte d’Ivoire, Orabank Côte d’Ivoire, Orabank Guinea Bissau, Orabank Mali, Orabank Niger and Orabank Senegal).
Quantitative data are collected and consolidated by the respective directorates responsible for ensuring consistency check. The calculation formulas used for the development of indicators are defined by the responsible Directorates. The consolidated results are transmitted to the Communication Directorate which ensures the publication of the information as part of the reporting.
The structure of this digital report is based on the materiality of the issues.
To ensure consistency and readability of our approach, we continue our efforts and present annual progress values over the past 6 years. Our current financial and non-financial results demonstrate the foresight of our strategic vision and we see the results of improved performance bringing us even closer to the expectations of our clients and partners.
Status of progress on objectives
Progress targets have been identified in line with the qualitative objectives set by the Group. A review of these targets will take place in 2021.
Orabank is committed to publishing a report of its corporate responsibility in line with international standards. The Orabank Group is based on a process to communicate financial, economic, environmental and social information to stakeholders. Our current results, both financial and non-financial, demonstrate the foresight of our strategic vision and we see the results of improved performance bringing us even closer to the expectations of our clients and partners.
The objective of this transparency is to present policies and governance, deployment plans and performance measures. As part of a voluntary approach, our reporting is progressive. Since 2016, we have applied the GRI reference framework. Orabank is committed to the United Nations Sustainable Development Goals and the Principles for Responsible Investment (PRI). We also adhere to the IIRC principles. Since the Orabank Group’s listing on the stock market, the reporting is now aligned with BRVM’s expectations.
Since 2014, an annual activity report has been prepared and since 2016 an integrated annual report has been published. Our previous report on the 2020 data was published in July 2021. Since 2018, we have chosen a digital reporting format that allows faster and more regular updating of our information.
Reporting principles are essential to achieving a quality sustainable development report. Each reporting principle consists of a requirement and guidelines on how to apply the principle. To ensure a quality approach that meets GRI’s expectations on standards, the ORABANK Group has ensured that the tests indicated for each principle by MATERIALITY-Reporting, an expert in GRI standards.
Location in the report
Involvement of stakeholders
Sustainable development context
The MATERIALITY-Reporting firm, an expert in GRI standards, has carried out a verification of compliance with both the reporting principles of GRI standards, by conducting a critical analysis of the reporting and a verification of the GRI content index.
An audit of the financial accounts was conducted by an accounting firm.