The Principles provide a leading foundation to align banks’ strategy and practices with society’s vision of the future as defined in the UN Sustainable Development Goals and the Paris Agreement on Climate Change. Signatory banks commit to being ambitious in their sustainability strategies, seeking to embed sustainability at the heart of their business, while remaining at the forefront of sustainable finance. Under the Principles, signatory banks identify and measure the environmental and social impacts of their activities, set and pursue targets in the areas where they have the greatest impact, and regularly report on their progress. The Principles provide banks with a framework for systematically understanding the risks and opportunities arising from the transition to a more sustainable economy.
Signatories of the Principles take a leadership role, demonstrating how banking products, services, and relationships can support and accelerate the necessary changes to achieve shared prosperity for both current and future generations, creating a positive future for people and the planet. These banks also join the world’s largest global banking community focused on sustainable finance, sharing best practices and collaborating on practical guidance and tools that are beneficial to the entire industry.
This is a journey of unprecedented scale and scope, where such ambitions are critically needed to address planetary crises such as climate change, nature loss, pollution, and social challenges.
Aiyl Bank has always strived for quality development and responsible business practices. The Principles for Responsible Banking reflect the Bank’s approach to making sustainable decisions and setting clear and ambitious goals. Aiyl Bank has adopted a number of documents regulating activities in this area, including an ESG strategy and roadmap for its implementation, a corporate governance code, a policy on environmental and social risk management, and a procedure for assessing environmental and social impacts.