NatWest Group, founded in 1727, is a British banking and insurance holding company based in Edinburgh, Scotland. Its main subsidiary companies are The Royal Bank of Scotland, NatWest, Ulster Bank and Coutts. Prior to a name-change in July 2020, it was known as Royal Bank of Scotland (RBS) Group. After a massive bailout in 2008, a majority of RBS' shares were purchased by the UK Government. In 2014 the bank embarked on a restructuring process that saw it refocus on its business in the UK and Ireland. As part of this process it divested its ownership of Citizens Financial Group, the 13th largest bank in the United States, in 2015. As of 2020 it remains 61.93% UK Government owned, via UK Financial Investments (UKFI).
| Website | https://www.natwestgroup.com/ |
| Headquarters |
36 St Andrew Square
EH2 2YB Edinburgh Scotland
United Kingdom
|
| CEO/chair |
Alison Rose CEO |
| Supervisor | |
| Annual reports |
Annual report 2021 CSR report 2021 |
| Ownership |
listed on London Stock Exchange
Natwest Group is majority-owned by the UK government, which holds 50.94 % (dated Feb 11 2022) of the shares. |
| Complaints and grievances |
NatWest Group does not operate a complaints channel for individuals and communities that may be adversely affected by its finance. However, the bank can be contacted via the contact form here (e.g. using ‘General Service’ as account type). Stakeholders may raise complaints via the OECD National Contact Points (see OECD Watch guidance). |
Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period.
This table tracks the net zero pledges and commitments of banks. It shows whether banks have committed to net zero by 2050 and have set an interim emissions reduction goal for 2025 and/or 2030. It also notes banks that have not yet set targets but have pledged to do so in the future, including by joining the Collective Commitment to Climate Action or Net Zero Banking Alliance. Finally, it notes whether banks have (pledged to) set Science-Based Targets. More information and references can be found by expanding the 'details' section of each bank.
Abbreviations:
CCCA = Collective Commitment to Climate Action
NZBA = Net Zero Banking Alliance
SBT = Science-Based Targets
This page evaluates NatWest Group'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".