Description/achievement of initiative
The aim is to implement an Environmental Impact Assessment System, which is above the legal requirements, for measuring and managing the environmental risks of the projects financed by the Bank.
Implementation methodologies
The system subject to commitment was developed with the help of independent environmental consultants.
The commitment will be realized by the education of the staff, integration of the rating system to the loan decision process and the resolution of the loan approval authorities. A full-time environmental engineer will be employed for the assesment and monitoring of the projects. For this, the commitment of the top management has been obtained
Arrangements for Capacity-Building and Technology Transfer
Coordination mechanisms/governance structure
Partner(s)
T.GARANTI BANKASI A.S