Policy Recommendations: Environmental, Social, And Governance Disclosure And Reporting For Banks
Diciembre 11, 2023
Dwi Rahayu Ningrum, Ricko Nurmansyah, Eka Afrina Djamhari, Victoria Fanggidae, Herni Ramdlaningrum + 2 more authors

Metrics

  • Eye Icon 52 views
  • Download Icon 0 downloads
Metrics Icon 52 views  //  0 downloads
Policy Recommendations: Environmental, Social, And Governance Disclosure And Reporting For Banks Image
Abstract

This book contains policy recommendations regarding disclosure and reporting of environmental, social and governance aspects for banking. The book also emphasizes the importance of adopting and implementing more robust due diligence. Banks are expected to screen existing and potential customers for their compliance with bank policies and laws through strict due diligence on customer operational activities. This due diligence should also verify the existence of 'legitimate proof of ownership' from the bank customer, including complete documentation of all required social and environmental analyzes and permits.

Apart from that, this book also emphasizes the importance of comprehensive accountability, down to the Board of Directors level, on sustainability issues. Even at staff level, banks are also expected to provide training regarding effective social and environmental risk management.

What happens if banks do not disclose and report environmental, social and governance aspects for banking? Banking may continue to fund activities that are contrary to sustainability. This needs to be identified as a risk that the bank must face and has an impact on the bank's reputation.

Check out the full report by clicking the download button below.

Full text
Show more arrow
 
More from this repository
Policy Brief 07 - Implementation Of e-Government in Indonesia, What Is Necessary?
Policy Brief 07 \u002D Implementation Of e\u002DGovernment in Indonesia, What Is Necessary? Image
Mengukur Indeks Tata Kelola Civil Society Organizations (CSOs) dalam Penguatan Demokrasi Substantif di Indonesia
Mengukur Indeks Tata Kelola Civil Society Organizations (CSOs) dalam Penguatan Demokrasi Substantif di Indonesia Image
Integrating Human Rights Principles and Gender Aspects in Financial Sector: A Handbook for Banks
Integrating Human Rights Principles and Gender Aspects in  Financial Sector: A Handbook for Banks Image
🧐  Browse all from this repository

Metrics

  • Eye Icon 52 views
  • Download Icon 0 downloads
Metrics Icon 52 views  //  0 downloads