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The geographical shell of the planet Earth, and in particular the biosphere, as we know, is the only favorable environment in which mankind originates and develops. But it is humanity that disrupts that balance, pollutes the environment, makes it less favorable, and in some cases unfavorable and directly dangerous to human life.
“Acba bank” OJSC, seeking to reduce the risk of adverse social and environmental impacts, in April 2011 developed and introduced a social and environmental risk management system, which enables the Bank to effectively manage the risks of adverse effects on nature and humanity as a result of the transactions, financed by the Bank. In implementing this management system, the Bank has partnered with a number of international financial organizations, which have assisted in all ways, sharing the best practices and skills in social and environmental protection. A number of Bank employees have been trained by qualified specialists of international financial organizations.
Thus, any activity, financed by the Bank from April 2011 until financing, is thoroughly studied and a risk assessment is carried out, which means an assessment of the harm to the health, safety and welfare of the population.
In this regard, the main objectives of the Bank are: