The West African Development Bank was created to accelerate economic and social development in the 8 countries of the sub-region. It has long incorporated the requirements of sustainable development into its strategy and operating methods.
Over the past decade, this theme, also known as CSR (Corporate Social Responsibility), has undergone significant international development, notably with the publication of the ISO 26 000 standard in 2010 and the UN’s Sustainable Development Goals in 2015.
In order to maintain its leading position in these areas and to play an increasingly important role in promoting CSR, BOAD has carried out an assessment of its CSR maturity, conducted by an independent third-party organization in 2019. The result is an ambitious CSR policy and strategy designed to enhance the bank’s performance in this area.
CSR policy is the general framework for action. It is structured around 5 main pillars which cover all the requirements of ISO 26000.