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Environmental Risk Management (ERM) Guidelines for Banks and Financial Institutions

Bangladesh Current 2011

It promotes the management of environmental and social issues by the country’s financial sector, by issuing a set of Environmental Risk Management Guidelines for Banks and Financial Institutions and a further set of policy guidelines for Green Banking in Bangladesh.

Issuer name

Bangladesh Bank (central bank)

More information

These make it obligatory for banks to address environmental and social issues in their lending processes, develop internal frameworks, and introduce sector-specific policies, train staff and start reporting on environmental and social issues.

Reporting resources

True

Organizations covered by the instrument

All Companies

Target organization notes

• Capital market oriented

Industry scope

Financial Services

Disclosure venue

sustainability report

ESG coverage - E (Environment)

All

ESG coverage- Eco (Economic & General)

Trade and Investment

Status

Current

Country

Bangladesh

Region

Asia Pacific

Date of publication

2011

Issuer type

Financial Market Regulators

Reporting requirements

Guidelines and standards for non-financial reporting

Mandatory or voluntary

Mandatory

The geographical scope

National/federal

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