Sustainable finance
We recognise that our operations have both direct and indirect impacts on the environment and the communities we serve. Our objective is to responsibly manage Environmental and Social (E&S) risks to minimise these impacts while enhancing long-term returns for our shareholders. By integrating sustainability into our financial practices, we aim to support a greener economy and create lasting value for all our stakeholders.
E&S risk management of our loan portfolio
We are committed to conducting our business in an environmentally and socially responsible manner, ensuring that our customers also uphold their E&S responsibilities. Having integrated E&S risk management into our underwriting process for business clients, we adhere to globally recognised practices. In fact, our credit procedures have incorporated E&S risk management, guided by IFC Performance Standards and EBRD Performance Requirements since 2013. In addition, our ESMS aligns with our risk management framework, providing additional clarity and transparency in our approach to E&S and climate risks.
Identifying
Assessing
Managing
Mitigating
With our IFI partners, we provide green financing solutions to clients through our ‘Energy Credit’ initiative, which offers loans for solar panel installations. We also support large-scale renewable energy projects, such as the construction of hydropower plants. As we continuously conduct market analysis to identify green financing opportunities, we identify green service providers, observe relevant regulations, and engage with companies from various sectors to foster interest in green investments.
