BIL receives prestigious sustainable development certification

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At a ceremony which took place on 26 November at the Chamber of Commerce, Banque Internationale à Luxembourg SA (BIL) received “ESR” certification from Luxembourg’s National Institute for Sustainable Development and Corporate Social Responsibility (INDR). This prestigious national certification recognises the bank’s genuine and serious commitment to corporate social responsibility (CSR).

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30/11/2015 |
  • Label ESR Photo BIL

For nearly 160 years, BIL has been a key economic player in Luxembourg and the Greater Region, and it remains heavily involved in cultural and social affairs. A leading employer, the bank’s local commitment and responsibility prompted it to have its CSR approach certified by an independent body.

Marcel Leyers, Chief of Corporate and Institutional Banking at BIL, is delighted with this certification: “‘ESR’ certification highlights the bank’s roots in its domestic market and its commitment to sustainable development. We at BIL are well aware that social responsibility is now essential if our business is to be sustainable. So we are very grateful to receive this certification, even if it was never a goal in itself.”

As part of its BIL2020 strategic intent, and with its stakeholders increasingly attentive to its CSR policy and initiatives, BIL is keen to strengthen its position as a committed, responsible bank. The certification comes at a time when the bank is preparing to implement a new, more ambitious CSR policy mostly built around three clearly defined themes: art and culture; innovation; and education.

“ESR” certification is offered to companies looking to formalise their CSR efforts. BIL received it following a self-assessment of its work on social, environmental and corporate governance matters. On the basis of this, BIL was then inspected by an INDR-accredited expert who checked all of the results. Just 99 companies in Luxembourg have been certified to date.

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