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Report

5 Mar 2020

Author:
SOMO

Fair Bank Guide - From glass ceilings to factory floors: Dutch banks’ actions on gender

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This report assesses the performance of seven Dutch banks (ABN Amro, Volksbank, ING, Rabobank, NIBC, Triodos Bank and Van Lanschot Kempen) in addressing gender inequality internally, especially in their workplaces in the Netherlands, and in their due diligence of clients and investees. The research analysed what actions the seven banks’ take on gender issues, based on their publicly available policies and reporting... 

The banks were also asked to review a draft version of this research and answer nine questions. In addition, they were asked if they wished to add a 100-word statement committing to taking action to address gender issues in the next year...

Overall, the report finds that Dutch banks perform poorly with regard to addressing gender issues in their internal operations and their client and investment relationships..

Results for internal practices were better than for client and investee-facing practices, but still left much to be desired...

Scores for the banks’ actions on gender in their client and investee due diligence were ... low [which is] especially serious, because it is precisely through banks’ global financing services that they can make their greatest impact in combating gender inequality...

It is high time for the Dutch banks to do better on gender equality, not only in their workplaces, but also in their due diligence of business relationships...