Carbon Footprint Policy Implementation And Responsibilities

Carbon Footprint Policy Implementation and Responsibilities

The responsibility for the implementation of the Carbon Footprint Policy within the entire organization shall reside primarily within the Environmental & Social Risk Unit in collaboration with other Strategic Business Units (SBUs) involved in Energy Management (GIS, Cost Management, Power & Infrastructure, Renewable energy etc.).
The E&S Risk Unit shall periodically monitor and evaluate the progress, commitments, and inclusion of Carbon Footprint strategies into the Bank’s business activities and operations.
The Chief Risk Officer will approve goals and targets related to Carbon Footprint for the Bank.
Progress alongside the targets will be included in the Bank’s annual reports.
This policy shall be subjected to continuous review on a three-year basis or based on changes in business conditions or internationally accepted standards.