Yakub02
Banned
The Sustainable Banking Principles
Principle 1 | Business Activities: Environmental and Social Risk Management. Integration of environmental and social considerations into decision-making processes relating to business activities to avoid, minimise or offset negative impacts.
Principle 2 | Business Operations: Environmental and Social. Avoidance, minimisation or offseting the negative impacts of business operations on the environment and local communities in which banks operate and, where possible, promote positive impacts.
Principle 3 | Human Rights: Respecting human rights in business operations and business activities.
Principle 4 | Women’s Economic Empowerment: Promotion of women’s economic empowerment through a gender inclusive workplace culture in business operations and seeking to provide products and services designed specifically for women through business activities.
Principle 5 | Financial Inclusion: Promotion of financial inclusion, seeking to provide financial services to individuals and communities that traditionally have had limited or no access to the formal financial sector.
Principle 6 | Environmental and sustainability (E&S) governance: Implementation of robust and transparent environmental and sustainability (E&S) governance practices in respective institutions and assessment of the E&S governance practices of clients.
Principle 7 | Capacity Building: Development of individual, institutional and sector capacity necessary to identify, assess and manage the environmental and social risks and opportunities associated with business activities and business operations.
Principle 8 | Collaborative Partnerships: Collaborating across the sector and leveraging international partnerships to accelerate collective progress and moving the sector as one, ensuring the approach is consistent with international standards and Nigerian development needs.
Principle 9 | Reporting: Regularly review and report on progress in meeting these principles at the individual, institution and sector level.
Principle 1 | Business Activities: Environmental and Social Risk Management. Integration of environmental and social considerations into decision-making processes relating to business activities to avoid, minimise or offset negative impacts.
Principle 2 | Business Operations: Environmental and Social. Avoidance, minimisation or offseting the negative impacts of business operations on the environment and local communities in which banks operate and, where possible, promote positive impacts.
Principle 3 | Human Rights: Respecting human rights in business operations and business activities.
Principle 4 | Women’s Economic Empowerment: Promotion of women’s economic empowerment through a gender inclusive workplace culture in business operations and seeking to provide products and services designed specifically for women through business activities.
Principle 5 | Financial Inclusion: Promotion of financial inclusion, seeking to provide financial services to individuals and communities that traditionally have had limited or no access to the formal financial sector.
Principle 6 | Environmental and sustainability (E&S) governance: Implementation of robust and transparent environmental and sustainability (E&S) governance practices in respective institutions and assessment of the E&S governance practices of clients.
Principle 7 | Capacity Building: Development of individual, institutional and sector capacity necessary to identify, assess and manage the environmental and social risks and opportunities associated with business activities and business operations.
Principle 8 | Collaborative Partnerships: Collaborating across the sector and leveraging international partnerships to accelerate collective progress and moving the sector as one, ensuring the approach is consistent with international standards and Nigerian development needs.
Principle 9 | Reporting: Regularly review and report on progress in meeting these principles at the individual, institution and sector level.
