To involve its members in its work, the ABBL has created 9 technical committees, 7 forums, and 47 working groups, representing approximately 1,400 people.
ABBL’s recommendations for an ethical and responsible behaviour:
- a Code of Conduct
- a diversity and equal opportunities charter
- an agreement on psychological harassment and violence at work
- documents to help its members apply the regulations (FATCA Guide)
On 9 October 2015, the ABBL signed the Mediation Charter which intends to encourage amicable dispute resolution in civil and commercial matters, through a method that enables companies to find solutions by mutual consent, on a voluntary basis.
The main advantages of mediation are:
- the cost;
- the efficiency, as the duration of a mediation is shorter than the usual litigation proceedings;
- the confidentiality and the fact that the method is customized: the agreement is reached by the parties themselves with the assistance of a mediator.
Corporate Social Responsibility accross the European Banking Sector
To underline this role and in order to promote CSR across Europe’s financial sector, the European Banking Federation (EBF), of which the ABBL is a founding member, published in 2013 an overview of CSR Best Practices across the European Banking Sector.
The ABBL contributed to this publication outlining the European banking sector best practices in the field of CSR.
EU Corporate Social Responsibility Strategy
In 2014, the ABBL, as an EBF member, contributed to the European Commission’s Strategy on Corporate Social Responsibility: achievements, shortcomings and future challenges consultation.
Diversity and Equal opportunities
On 26 September 2012, a national Charter on Diversity addressing all Luxembourg companies was launched by the Comité pour la Charte de la Diversité Lëtzebuerg – IMS.
Wishing to cooperate in a positive and constructive way, the ABBL and the Comité pour la Charte de la Diversité Lëtzebuerg / IMS have decided to mutually recognise each others’ Charters.
The ABBL has become a member of the Comité pour la Charte de la Diversité Lëtzebuerg.
Members that are signatories of both Charters will benefit from actions organised by both associations and have the visibility of their commitment accrued.
“D’Woch vun de Suen”
In the framework of the European Money Week launched by the European Banking Federation, the ABBL takes part to the “Woch vun Suen”.
The purpose of this event is to make pupils aware of ‘money’ aspects.
During the “Woch vun Suen”, activities about money will be offered to pupils. Courses will be given in German and animated by volunteers working in the financial sector in collaboration with teachers.
“D’Woch vun de Suen” is supported by the Ministry of National Education, the Ministry of Family and the Ministry of Finance.
“Relais pour la Vie” – The ABBL running Team
Since 2011, ABBL’s employees have been taking part in the “Relais pour la Vie“.
“Relais pour la Vie” is an event which aims to show solidarity with patients affected by cancer. This run symbolises the journey embarked on by a patient affected by cancer, with its highs and lows: you have to see it through, you must not give up or get discouraged for twelve or twenty-four hours, respectively.
It is not a sporting event, but a solidarity event.
The ABBL is raising awareness of DayCARE among its members so they can provide students with work experience placements and show them what they do in their jobs.
Thanks to this initiative, ABBL members are getting involved in both a local project with Luxembourg students and a global campaign to allow disadvantaged young people in Africa to take control of their future.