13-7 Revised Green Banking Policy for National Bank Limited

Summary

In response to the global initiatives of Green Banking, Bangladesh Bank has instructed banks in Bangladesh to implement green initiatives through B R P D Circular 02 dated February 27, 2011 and advised all banks in the country to lay down the foundation of green banking. In accordance with the Bangladesh Bank’s guideline, Green Banking Policy for National Bank Limited has prepared which was duly approved by the Board of Directors in its 332nd meeting held on 19.09.2012. It requires more time to implement Green Banking Policy of the bank. Bangladesh Bank, realizing the fact, informed banks vide their GBCSRD Circular No. 08 that the deadline for implementation of Phase II and Phase III has been extended. Accordingly, National Bank Limited prepared revised policy for Green Banking. This Policy is to be read in conjunction with the Environmental Risk Management guidelines of the Bangladesh Bank, duly amended from time to time and all circulars/directives issued by the Bank from time to time.

Issuer

Bangladesh

Year

2014

Region

Asia

Issuer (type)

Bangladesh Bank (Central Bank)

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Mandatory

Global Reporting Initiative (GRI)

Voluntary Use

Main industries targeted

Manufacturing
Mining, Quarrying, Oil & Gas Extraction
Finance & Insurance
Agriculture, Forestry, Fishing & Hunting

Restrictiveness

Low

Sustainable Development Goals (SDGs)

SDG 1: No Poverty
SDG 6: Clean Water and Sanitation
SDG 7: Affordable and Clean Energy
SDG 8: Decent Work and Economic Growth
SDG 9: Industry, Innovation, and Infrastructure
SDG 10: Reduced Inequality
SDG 11: Sustainable Cities and Communities
SDG 12: Responsible Consumption and Production
SDG 13: Climate Action
SDG 14: Life Below Water
SDG 15: Life on Land