Republic Journal

If the impact of our action is to be transformative and lasting, we must create and execute on a framework for e-government, e-business, e-commerce, and e-services.

It is mind-boggling that we can be so consciously aware of the effects of global warming and climate change, yet so easily dismiss the actions we can collectively take as a people. How can we see the damaging effects of our persistent neglect of our planet and still continue to contribute to its degradation? Is it that our economic desires far outweigh our future safety and well-being? Is it too late for change?

In undertaking any large new project, both individuals and corporates typically build a plan. The old adage comes to mind, “fail to plan, plan to fail”. We conjure likely scenarios and aim to design strategies that address known risks and opportunities. The mental serve and return of this process often leads to over- think or mind-chatter.

Republic Bank appreciates the importance of improving the fate of all communities in which we operate and creating a legacy of sustainable growth for our stakeholders. To ensure this happens we've identified United Nations Sustainable Development Goals 7 and 13 as the Group's top priorities since signing on to the Principles of Responsible Banking namely: affordable and clean energy and climate action.

The IMF, in its April 2021 World Economic Outlook, confirmed that the global economy contracted by 3.3 percent in 2020, which though severe, was below the 4.4 percent slide it projected just six months prior. The better-than-expected outturn is attributable to the extraordinary fiscal and monetary policy initiatives that many countries adopted to mitigate the economic impact of the COVID-19 virus.