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Access BankNigeria

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This profile is actively maintained
Last update: 2022-08-16 16:21:41
Access Bank's head office in Lagos, Nigeria. Photo: Google Earth/Streetview

Active

This profile is actively maintained
Last update: 2022-08-16 16:21:41
About
Website http://www.accessbankplc.com/
Headquarters
Plot 999C, Danmole Street
Victoria Island, Lagos State
Nigeria
CEO/chair Herbert Wigwe
CEO
Supervisor
Central Bank of Nigeria
Ownership
listed on NSE

Access Bank's largest shareholder is its current CEO Herbert Onyewumbu Wigwe (4.27%). The bank's complete shareholder structure can be accessed here.

Access Bank, founded in 1989, is a Nigerian commercial bank, which main business activities are organised along four business segments: corporate and investment banking, commercial banking, business banking and personal and private banking. The bank has several subsidiaries and branches throughout Africa as well as a few branches located in the United Kingdom. Access Bank was the first Nigerian bank to adopt the Equator Principles, in June 2009.

Sustainability
Policies
Voluntary standards

Links

Sustainable banking

Environmental and social risk management

(page 18 of Risk Management document)
Bank policy
2020-09-16 00:00:00 | Access Bank
Access Bank has committed itself to the following voluntary standards:
Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development
Global Reporting InitiativeTags: sustainable development | human rights
Global Reporting Initiative- G3 Reporting FrameworkTags: transparency
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
Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations
UNEP Finance InitiativeTags: United Nations | sustainable development
United Nations Global CompactTags: United Nations | human rights
Dodgy Deals

Access Bank is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Access Bank's link to these deals.

Projects / Companies
Finance type
Year
Campaigns

Banks and Human Rights

BankTrack assessed Access Bank of Africa in its 2021 Human Rights Benchmark Africa, where it achieved 1.5 points out of 14 and was ranked as a 'laggard'. More information is detailed in the "Accountability" section of this profile.

Human Rights Benchmark Africa 2021

BankLast update
Country
Score
Ranking
Details
Access Bank
NGA
1.5
Laggard
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.
News
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

At least $132 billion in finance for fossil fuels is locking Africa out of a Just Transition, shows new report

African countries kept in fossil fuel stranglehold by Overseas money
2022-03-03 | BankTrack, 350.org Africa, AFIEGO, Africa Coal Network, Alerte Congolaise pour l’Environnement et les Droits de l’Homme (ACEDH), Alliance for Empowering Rural Communities (AERC), Centre for Alternative Development (CAD), Environment Governance Institute (EGI), Friends of the Earth Ghana, Friends of the Earth Mozambique, Friends of the Earth Togo, Innovation for the Development and Protection of the Environment (IDPE), Laudato Si, Lumière Synergie pour le Développement (LSD), Milieudefensie, Oil Change International, Save Okavango (SOUL), Solidarité pour la Réflexion et Appui au Développement Communautaire (SORADEC), Synergie de Jeunes pour le Développement et les Droits Humains (SJDDH), Women Environmental Programme Nigeria, WoMin, Zimbabwe Environmental Law Association (ZELA)
Blog
BankTrack news BankTrack blog Partner news Partner blog

Equator Banks involved in financing at least 200 fossil fuel projects since Paris

BankTrack research sheds new light on finance for fossil fuels by Equator banks
2021-10-26 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

African banks responsive on human rights but most lack basic policies, finds new benchmark

Nigeria’s Zenith leads after publishing previously unavailable policies; state-owned National Bank of Egypt comes in last place with no points
2021-03-29 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Equator Principles: New BankTrack database sheds light on patchy project name reporting

BankTrack publishes database of Equator-financed projects, together with analysis showing some banks report few or no project names – notable poor performers include ING, HSBC and Lloyds
2020-06-29 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Principles must bring commitments

Banks endorsing draft Principles for Responsible Banking called upon to urgently act on what they sign
2018-11-26 | Paris | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Nigeria investigates banking deals, questions CEOs

2016-05-16 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

Access Bank's MD Herbert Wigwe Arrested By EFCC Over Diezani's $5m Secret Fund, NIMASA And National Security Adviser's Funds

2016-05-06 | Sahara Reporters
BankTrack news BankTrack blog Partner news Partner blog

Equator Principles goes beyond project finance, improves transparency

2012-08-13 | Environmental Finance
BankTrack news BankTrack blog Partner news Partner blog

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

2011-10-25 | Washington | prizmablog.com
BankTrack news BankTrack blog Partner news Partner blog

Time to Improve the Equator Principles, BankTrack Says

BankTrack quoted
2011-10-24 | Washington | Social Funds
BankTrack news BankTrack blog Partner news Partner blog

BankTrack to Equator Principles banks; ‘get the Outside Job done’

Equator Principles update must lead to new Principles focused on people and planet
2011-10-23 | Washington | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Financiers search for sustainable future

BankTrack quoted
2011-10-20 | Washington | Environmental Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

New rules for Equator Principles, but no new commitments from banks

New governance rules represent missed chance for Equator Principles to take bold steps forward on transparency and accountability
2010-07-01 | Nijmegen, the Netherlands | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Equator Principles: Action, not words needed

BankTrack calls upon Citi, new chair of Equator Principles to take bold steps forward
2010-03-15 | Nijmegen, The Netherlands | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Civil society groups call for bold steps forward with Equator Principles

Major reforms needed on transparency, accountability, implementation and climate change
2010-01-14 | Nijmegen | BankTrack
Resources
Documents

Annual report 2021

Annual report
2022-05-03 00:00:00 | Access Bank

Annual report 2020

Annual report
2021-09-06 00:00:00 | Access Bank

CSR Report 2020

Annual report
2021-06-08 00:00:00 | Access Bank

Environmental and social risk management

(page 18 of Risk Management document)
Bank policy
2020-09-16 00:00:00 | Access Bank

CSR report 2019

Annual report
2020-08-01 00:00:00 | Access Bank

Annual report 2019

Annual report
2020-08-01 00:00:00 | Access Bank

Banking industry: the journey so far

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

CSR report 2018

Annual report
2019-07-04 00:00:00 | Access Bank

Annual report 2018

Annual report
2019-06-30 00:00:00 | Access Bank

CSR report 2017

Annual report
2018-07-31 00:00:00 | Access Bank

Annual report 2017

Annual report
2018-03-31 00:00:00 | Access Bank

Annual report 2016

Annual Report & Accounts 2016
Annual report
2017-01-01 00:00:00 | Access Bank

Annual report 2015

2015 annual report and account
Annual report
2015-12-31 00:00:00 | Access Bank

CSR report 2014

Sustainability Report 2014
Annual report
2015-12-15 00:00:00 | Access Bank

2013 Equator Principles Report

Annual report
2014-06-08 00:00:00 | Access Bank

2011 Global Investor Statement on Climate Change

Other document
2011-10-19 00:00:00 | IIGCC, INCR, IGCC, UNEP-FI, PRI

Letter from BankTrack to EPFIs on issues around Equator Principles Review process

Correspondence
2010-12-18 00:00:00 | Banktrack
Accountability
Grievances

Access Bank does not operates a complaints or grievances channel for individuals or communities that might have been affected by the bank's finance.

This page evaluates Access Bank'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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