notes to the consolidated financial statements - Sacombank
notes to the consolidated financial statements - Sacombank
notes to the consolidated financial statements - Sacombank
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Of <strong>the</strong>se, <strong>Sacombank</strong> focuses special attention on integrating environmental protection in<strong>to</strong> credit activities. <strong>Sacombank</strong><br />
has developed a set of “Green Credit” standards <strong>to</strong> classify investment projects in<strong>to</strong> three levels: Class A – projects with<br />
high environmental risks, Class B - projects with medium environmental risks and Class C - projects with <strong>the</strong> lowest<br />
environmental impacts. Hence, <strong>Sacombank</strong> plans <strong>to</strong> participate in <strong>the</strong> supervision of <strong>the</strong> implementation of <strong>the</strong> measures<br />
for mitigation of environmental risks agreed with cus<strong>to</strong>mers in order <strong>to</strong> minimise <strong>the</strong> environmental impacts of <strong>the</strong> projects.<br />
With its investment in, and study and development of environmental and social responsibility management policies, along<br />
with its plans <strong>to</strong> launch green credit packages across <strong>the</strong> entire system, <strong>Sacombank</strong> is making significant efforts <strong>to</strong> become<br />
a Green Bank.<br />
JOINING HANDS FOR THE COMMUNITY<br />
CORPORATE GOVERNANCE<br />
n With <strong>the</strong> aim of developing a civilised urban lifestyle, since Oc<strong>to</strong>ber 2010, <strong>Sacombank</strong> has built Free Public WCs (FPWCs)<br />
in such areas as Tan Phu District – HCMC (opening on 30 March 2011), Da Lat City (opening on 27 December 2011), and<br />
Vung Tau City (opening on 28 December 2011). In order <strong>to</strong> create a quality FPWC model, <strong>the</strong> FPWCs were built and<br />
equipped with four-star standard sanitary ware. In addition, <strong>Sacombank</strong> has also arranged personnel <strong>to</strong> keep <strong>the</strong>se<br />
facilities clean at all times. The launch of <strong>the</strong> FPWCs was highly appreciated by <strong>the</strong> local authorities and people in <strong>the</strong>se areas.<br />
So far, this model has been replicated by <strong>Sacombank</strong> in o<strong>the</strong>r districts of HCMC as well as o<strong>the</strong>r regions across <strong>the</strong> country<br />
such as Phu Quoc City (Kien Giang), Nha Trang City (Khanh Hoa), Tan An City (Long An), Vi Thanh City (Hau Giang), Vinh<br />
Long, Dong Thap, Ben Tre Provinces, etc. Investment in and construction of <strong>the</strong> free quality FPWC system is part of<br />
<strong>Sacombank</strong>’s commitment <strong>to</strong> joining hands with <strong>the</strong> local authorities <strong>to</strong> create a civilised lifestyle and a new image for<br />
residential areas, and at <strong>the</strong> same time showing its deep concern about <strong>the</strong> environment, <strong>the</strong> community and society.<br />
n In 2011, <strong>Sacombank</strong> also provided 4,911 free benches <strong>to</strong> parks, cultural houses, schools, airports, etc. serving <strong>the</strong><br />
community in areas where <strong>Sacombank</strong>’s Branches are based.<br />
ANNUAL REPORT 2011 74