Key elements of our Environmental & Social Risk Assessment Policy
- To set strategic E&S objectives, such as offering new products that address E&S sustainability.
- To confirm and communicate the Bank’s commitment to environment and social risk management and assist in achieving its strategic and operational goals and objectives.
- To incorporate E&S risk considerations into all financing activities of the Bank.
- To communicate E&S expectations to all staff, customers and other external stakeholders.
- To ensure that E&S risks of the Bank are identified, assessed, treated and reported to the Board Risk Management Committee in a timely manner.
- To commit for continually building the capacity of Bank’s Staff on E&S risk management.
- To exclude financing customers with business activities that do not meet the Bank’s principals and IFC standards.
- To promote the safety and soundness of the Bank by minimising potential financial, and non-financial risks arising from environment and social risks.
- To deliver the best outcomes for our customers by responsibly providing innovative financial services that enable growth and economic growth and economic progress while meeting our responsibilities for sustainability.
- To reflect our dedication in financing business opportunities with positive environmental and social impacts and actively mitigating environmental and social risks associated with customer transactions.
- To increase the overall E&S performance in the Bank’s financing portfolio through enhanced risk management.
- To comply with all applicable international standards, national laws and regulatory frameworks related to environmental and social risk management.
