Polaris Bank Marks 1st Year Anniversary of UNEP-FI Banking Principles

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The Bank has reached about 80,000 students in 180 primary and secondary schools nationwide.

Through its client-vendor engagement, the Bank creates awareness on Environmental and Social risk assessment procedures, equipping relevant stakeholders with requisite knowledge for building environmentally sustainable businesses. The programme is implemented through collaboration amongst its key departments, including Risk Management, Corporate Support, and Strategic Brand Management.

Over the last year, Polaris Bank has reduced its environmental footprint and mitigated the risk of waste generation. On carbon footprint, for instance, the Bank has proposed a paper recycling plan across its branches and implemented an electronic alternative to paper output by fully optimizing digital receipts and internal memos.

“Essentially, with the recycling plant, we can contribute to maintaining a sustainable world for future generations. We encourage other financial institutions to emulate this initiative.”

 

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