ACLEDA Bank in Cambodia is committed to achieving strong, sustainable financial returns, while respecting the environment and community
- From: Chim <ChimS1@xxxxxxx>
- Date: 22 May 2007 01:31:36 -0700
Environmental and social sustainability mission statement
ACLEDA Bank is committed to achieving strong, sustainable financial
returns, while respecting the environment and community within which
we live. We subscribe to the concept of triple bottom line ('people,
planet, profit') reporting and are developing indicators for measuring
and reporting on our performance and impacts on the society and the
environment and to implement a reporting structure based on the gui-
delines of the Global Reporting Initiative.
The key elements of ACLEDA Bank's ESS mission are:
1.To provide a framework of guidelines within which ACLEDA Bank can
operate in a sustainable manner so that our impact on the environment,
society and the community in which we operate is managed in a
responsible way.
2.To continue to introduce energy efficient systems into our buildings
and to manage sensibly our energy requirements wherever we operate.
3.To honour the society in which we live and actively work to promote
an inclusive culture embracing not just shareholders and staff,
customers, and bus-iness partners but respect for the individual
within our community.
4.To recognise that supp-orting the community is not just morally
sound but good business as well - our 'good health' and prosperity are
mutually interdependent.
Environment
ACLEDA Bank fully subscribes to international conventions which
prohibit the provision of credit to, or otherwise support, any
activities which might harm the env-ironment, be morally repugnant or
jeopardise human rights. In particular the bank has in place policies
which forbid invo-lvement with exploitative forms of forced or child
labour, trade in weapons and munitions, gambling, casinos, brothels,
regulated wildlife or wildlife products and production or trade in
radioactive materials or significant volumes of haz-ardous chemicals.
The Bank employs two full time Environmental Officers who regularly
undertake training and refresher courses to coordinate ACLEDA's
environmental activities and monitor performance.
Environmental Performance Indicators
In order to establish baselines for the measurement of our efforts to
reduce our environmental impact, during 2005 we introduced a tracking
system for resource usage. The results are given under their
respective headings below and will be used to benchmark our future
performance.
Paper usage
In 2006, paper usage was cut by about 34.64% and waste paper was cut
by 27.04% per co-worker compared to 2005. This was mainly due to
increased use of electronic data storage and the sending of
information by e-mail and our internal intranet. Additionally all
staff have been trained to use double side printing and to recycle
single sided documents.
Energy consumption
Electricity consumption per co-worker was cut in 2006, by 4.74% by
replacing older lighting and air-conditioning with more energy
efficient appliances. Gasoline cons-umption per co-worker was cut by
about 13.62% compared to 2005 because the opening of new offices
closer to our customers in the rural areas reduced the need for
travel. Diesel consumption per co-worker rose by 12.93%, as the bank
gradually changes its motor fleet from gasoline to diesel. Lubricant
and Gas consumption were also cut in 2006 by 11.23% and 32.05%
compared in 2005.
Water
Water consumption was cut by 12.12% in 2006 compared to 2005 because
usage is monitored and water saving procedures are being implemented
with storage and recycling of rain water, especially during the
monsoon season, to reduce the off-take from the main which relies on
river, reservoirs and bores. An underground water storage and
treatment tank is provided for, in the new headquarters, feeding
directly off the roof and building.
Social Sustainability
ACLEDA Bank's corporate culture is built on respect for the society in
which we operate and an inclusive perspective on our stakeholders
embracing not just shareholders and staff, customers and business
partners but the community at large. In addition to the environmental
programs mentioned above the bank observes a policy of equality in all
our dealings with the public in general and customers and staff alike.
Above all, ACLEDA Bank has practiced from the very beginning 'zero
tolerance' of corruption both internally and externally and
transgressions are dealt with summarily.
Phnom Penh Post, Issue 16 / 10, May 18 - 31, 2007
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