This is the second year we have disclosed against the Sustainability Accounting Standards Board (SASB) standards, with this disclosure relating to the year ended 31 December 2022.
SASB Standards (‘Standards’) guide the disclosure of financially material sustainability information by companies to their investors. The Standards identify the subset of environmental, social, and governance (ESG) issues most relevant to financial performance in each industry. This year, in addition to applying the SASB standard for ‘Asset Management and Custody Activities’, a selection of accounting metrics derived from the SASB standard for ‘Insurance’ have been applied where they are applicable to our Retail and Savings business. This document also signposts publicly available information, where appropriate.