CBA personnel under the microscope

CBA corporate responsibility

16 August 2016
| By Hope William-Smith |
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The 2016 CBA Corporate Responsibility Report, used to track personnel progress and performance over the 2015-2016 financial year, has revealed the bank is on track with the expectations it outlined for employees in its 2016-2018 Corporate Responsibility Strategy.

CBA general manager of corporate responsibility, Kylie Macfarlane, said that the report was a way to comprehensively track how the bank was progressing against what it deemed to be the most important initiatives across the last financial year.

"Our Corporate Responsibility Strategy is a key part of how we deliver against our vision," she said.

"[It] provides a thorough overview of the progress we've made against the strategy over the last year, as well as our plans for the future."

The CBA strategy was split between the bank's role in society, its employees and general business conduct. With regards to employee conduct and professional presentation, the report stated that it had succeeded in its commitment to placing women in leadership roles, by setting a new 40 per cent target for executive manager and above positions by 2020.

Over the course of the last financial year, the report stated that more than 5,000 employees had been supported to volunteer in over 260 domestic and international organisations, reaching a total of 31,000 volunteer hours of work.

CBA reported that the bank would continue its current strategies and programs into the 2016-2017 year, with the goal of seeing employees and stakeholders holding places of value in the wider community.

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