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EcobankTogo

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Last update: 2024-06-11 00:00:00
Ecobank branch in Lusaka, Zambia. Photo: Adrian Sabuni via Wikimedia Commons (CC BY SA 4.0)

Active

This profile is actively maintained
Last update: 2024-06-11 00:00:00
Bank info
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About
Website http://www.ecobank.com/group/
Headquarters
2365 Boulevard du Mono B.P. 3261
Lomé
Togo
CEO/chair Jeremy Awori
Group CEO
Supervisor
Banque Centrale des Etats de l'Afrique de l'Ouest
Ownership
listed on BRVM Stock Exchange, Ghana Stock Exchange & Nigeria Stock Exchange

Ecobank's largest shareholders are Nedbank Group (28.61%) and Qatar National Bank (27.09%). The bank's complete shareholder structure can be accessed here.

Ecobank Transnational was established in 1985. Ecobank, based in Togo, is a commercial bank operating in 36 African countries. The bank provides wholesale, retail, and investment banking services to governments, financial institutions, multinationals, SMEs and individuals. These services are delivered by three business segments: Corporate Bank, Domestic Bank and Ecobank Capital. Ecobank became a signatory to the Equator Principles in January 2012.

Sustainability
Commitments
Policies
Voluntary standards

Ecobank's most important sustainability commitments can be found at the website sections listed below.

Links

Ethics and society

Sustainability

Sustainable finance framework

Bank policy
2021-05-31 00:00:00 | Ecobank

Sustainable finance framework - eligibility assessment

Bank policy
2021-05-28 00:00:00 | Ecobank

Anti-money laundering policy

Bank policy
2020-09-29 00:00:00 | Ecobank

Ecobank Grievance Procedure

Bank policy
2017-06-12 00:00:00 | Ecobank
Ecobank has committed itself to the following voluntary standards:
Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development
Nigerian Sustainable Banking PrinciplesTags: corporate social responsibility | sustainable development
Partnership for Carbon Accounting Financials (PCAF)Tags: carbon | corporate social responsibility
Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards
UNEP Finance InitiativeTags: United Nations | sustainable development
United Nations Global CompactTags: United Nations | human rights
News
Resources
Documents
Links

CSR report 2023

Annual report
2024-06-11 00:00:00 | Ecobank

Annual report 2023

Annual report
2024-04-09 00:00:00 | Ecobank

Annual report 2022

Annual report
2023-05-09 00:00:00 | Ecobank

CSR report 2022

Annual report
2023-05-08 00:00:00 | Ecobank

CSR report 2021

Annual report
2022-05-10 00:00:00 | Ecobank

Annual report 2021

Annual report
2022-05-03 00:00:00 | Ecobank

Annual report 2020

Annual report
2021-06-01 00:00:00 | Ecobank

Sustainable finance framework

Bank policy
2021-05-31 00:00:00 | Ecobank

Sustainable finance framework - eligibility assessment

Bank policy
2021-05-28 00:00:00 | Ecobank

Annual report 2019

Annual report
2020-09-29 00:00:00 | Ecobank

Anti-money laundering policy

Bank policy
2020-09-29 00:00:00 | Ecobank

Banking industry: the journey so far

A review of the Nigerian Sustainable Banking Principles
Other bank document
2020-07-14 00:00:00 | Bankers Committee, Central Bank of Nigeria

CSR report 2019

Annual report
2020-07-01 00:00:00 | Ecobank

CSR report 2018

Annual report
2019-08-01 00:00:00 | Ecobank

Annual report 2018

Annual report
2019-07-31 00:00:00 | Ecobank

Annual report 2017

Annual report
2018-03-31 00:00:00 | Ecobank

Sustainability report 2017

Annual report
2018-03-31 00:00:00 | Ecobank

Ecobank Grievance Procedure

Bank policy
2017-06-12 00:00:00 | Ecobank

Annual Report 2015

Corporate Governance Report & Sustainability Report are incorporated
Annual report
2016-07-11 00:00:00 | Ecobank Group

Ecobank Annual Report 2014

Annual report
2015-06-30 00:00:00 | Ecobank Group
Accountability
Grievances

Ecobank has a Grievance Procedure in place that "allows the public to make enquiries or express concerns related to the bank’s environmental and social policy and/or projects that it finances". The procedure can be accessed here.

Ecobank is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.

This page evaluates Ecobank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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Banks and Human Rights

Banks and Human Rights

BankTrack assessed Ecobank in its 2021 Human Rights Benchmark Africa, where it achieved 0.5 points out of 14 and was ranked as a 'laggard'. More information is detailed in the "Accountability" section of this profile.

The BankTrack Human Rights Benchmark

Human Rights Benchmark Africa 2021

BankLast update
Country
Score
Ranking
Details
Ecobank
TGO
0.5
Laggard 0.5
Explanation
Laggard
Follower
Front runner
Leader
0 - 3.5 points
4 - 5.5 points
6 - 8.5 points
9 - 14 points
For more details see this page.