SGBJ - The Acquisition slide image

SGBJ - The Acquisition

ESG - Awareness and Approach ENVIRONMENTAL SOCIAL GOVERNANCE • • • • Capital Bank implements a regular Environmental & Social (‘E&S') performance assessment through an E&S board- approved policy that is based on IFC standards. The bank has fully integrated the E&S procedures pertaining to categorisation, assessment and monitoring into the credit approval system. Designated credit/front office staff members have received adequate E&S training through the IFC E-learning platform to enable them to report any E&S risk as part of their standard processing of transactions. According to Capital Bank's E&S policy, Capital Bank categorises its transactions based on exposure to E&S risk sectors, performs an analysis for relevant transactions to assess the identified risks, mitigates and manages risks associated to those transactions by identifying the problems and designing adequate solutions using IFC Standards. Capital Bank also monitors the E&S performance of clients through staff annual site visits and questionnaires. Capital Bank takes active measures to reduce its environment footprint, through implementing waste, paper and plastic recycling in partnership with local NGOs such as collecting and recycling plastic bottle caps (under the Green Wheelz Initiative) and used paper (in cooperation with Princess Alia Foundation). Capital Bank is in the process of preparing a full sustainability report in cooperation with EY and will be accredited by GRI; to be completed by H1 of 2023. 27
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