Environmental & Social Risk Management in Banks - UNEP Finance ...
Environmental & Social Risk Management in Banks - UNEP Finance ...
Environmental & Social Risk Management in Banks - UNEP Finance ...
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Regulatory Enforcement<br />
Key bodies:<br />
• M<strong>in</strong>istry of Natural Resources of Russia (MNR RF);<br />
• The Federal Service for <strong>Environmental</strong> and Nature <strong>Management</strong><br />
Supervision (RosPrirodNadzor);<br />
• Federal Agency of Subsoil Use (RosNedra);<br />
• Federal Agency of Water Resources (RosVodResources);<br />
• Federal Agency of Forest Resources (RosLesKhoz);<br />
• Federal Service for Ecological, Technological and Nuclear<br />
Supervision (RosTekhNadzor);<br />
• Sanitary and Epidemiological Service of the M<strong>in</strong>istry of Health<br />
Protection.<br />
These organizations have the power (with<strong>in</strong> their responsibility) to:<br />
• set up standards and norms<br />
• <strong>in</strong>spect enterprises,<br />
• monitor pollution,<br />
• require <strong>in</strong>formation,<br />
• impose sanctions <strong>in</strong>clud<strong>in</strong>g f<strong>in</strong>es,<br />
• shut down or suspend <strong>in</strong>dustrial activities.<br />
In general, <strong>in</strong>dustrial companies are required to monitor their emissions to air and water,<br />
and waste generation and regularly report on their performance.<br />
PricewaterhouseCoopers<br />
5 April 2006 .