pdf - 1.26 MB - Ahli United Bank

ahliunited.com

pdf - 1.26 MB - Ahli United Bank

PILLAR III DISCLOSURES - BASEL II

10. ENVIRONMENTAL RISK

The Bank recognises the importance of environmental and social issues within its risk framework, and has established an

Environmental and Social Management System (ESMS) which details the policy, procedures and workflow that will be followed

by the Bank and its subsidiaries / affiliates in respect of environmental risk.

The Bank continually endeavours to ensure effective environmental and social management practices in all its activities,

products and services with a focus on the applicable national laws on environmental, health, safety and social issues.

As such the Bank will finance projects only when they are expected to be designed, built, operated and maintained in a manner

consistent with the applicable national laws.

137

ANNUAL REPORT 2008

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