Waste Reduction/Recycling
Caring for our environment is an integral part of NDB Bank's corporate values. The Bank in collaboration with
M/s Neptune Papers (Pvt) Ltd., makes every effort to collect the waste paper generated in its day-to-day operations
for recycling. A successful waste-reduction and recycling drive supports these efforts.
All waste paper is collected
and recycled. Through the collection of old records and waste paper amounting to 13,649 Kgs, we were able to save:
- 232 Trees
- 433,765 Liters of water
- 54,596 Kwh’s of Electricity
- 23,953 Litres of Oil
- 40.94 Cubic meters of Land Fill
Process Innovation
NDB Bank also promotes a paperless culture where employees are encouraged to use electronic communications,
online approvals and other web-based applications. The Bank has developed process improvements by automating
document workflows and minimizing paper usage while greatly improving turnaround time.
Environmentally-Friendly Lending
The Bank promotes the E-Friends Loan Schemes which are specifically used for pollution control. These loans are
used to construct waste water treatment plants as well as to replace inefficient plant and machinery - the end
result being valuable saving of resources.
Environmentally and Socially Responsible Lending
NDB Bank continues to evaluate projects based on the Bank’s ‘Environmental and Social Management Policy’,
ensuring that funding is only for projects that comply with the standards.
The Bank’s lending policies ensure that facilities are not extended to industries that engage in illegal
activities, pollute the environment, are involved in the sale or manufacture of arms, or carry out activities
involving forced labour or child labour.
The Bank’s Environmental and Social Management Policy bars funding to certain sectors. Additionally, there are
ten major sectors in which the Bank undertakes a social and environmental risk analysis on each borrower before
lending and thereafter takes measures to avoid, mitigate or minimize the risks involved. Funding will proceed only
if the identified risks can and are thus dealt with. |
