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Corporate Responsibility and CL Strategy
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Corporate Responsibility and CL Strategy

As a leading financial institution, we are conscious of our important role in the societies and are committed to our Corporate Responsibility towards customers, employees, communities and the environment, and aim to remain one of the best corporate accountable citizen and a source of major wealth creation where we operate.

Our Core Values are defined by high standards of ethics and integrity, respect of human and labor rights, as well as national and international banking regulations and best practices.

 

 

In 2015, Credit Libanais officially joins the UN Global Compact

On November 6, 2015 Credit Libanais officially joins the United Nations Global Compact, the world’s largest corporate responsibility initiative with over 8000 business and 4000 non-business participants in 170 countries.

 

The UN Global Compact Ten Principles encompass the following areas that touch the day-to-day operations:

  • HUMAN RIGHTS
  1. Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
  2. Principle 2: make sure that they are not complicit in human rights abuses. 
  • LABOUR
  1. Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
  2. Principle 4: the elimination of all forms of forced and compulsory labour;
  3. Principle 5: the effective abolition of child labour; and
  4. Principle 6: the elimination of discrimination in respect of employment and occupation. 
  • ENVIRONMENT
  1. Principle 7: Businesses should support a precautionary approach to environmental challenges;
  2. Principle 8: undertake initiatives to promote greater environmental responsibility; and
  3. Principle 9: encourage the development and diffusion of environmentally friendly technologies. 
  • ANTI-CORRUPTION
  1. Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.

 

 

Founded in Beirut in 1961, Credit Libanais Group is today a leading universal banking group with total assets reaching USD 9.9 billion providing a full range of banking services, with a well-established domestic business franchise. Headquartered in Adlieh (Beirut, Lebanon), CL Group serves some 300,000 customers across its network of 73 local and foreign branches, and employs a workforce of 1636 employees.  We operate in Lebanon, Cyprus, Bahrain, Senegal, Iraq and Canada. 

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