SBFN Member Since:

2015

Member Organisations

Honduran Banking Association (Ahiba)
National Commission on Banking and Insurance (CNBS)

Progress Against sub Pillars

Framework Documents

CountryPolicies/ Principles/ GuidelinesYearIssuer
Honduras

Standard for Management of Environmental and Social Risk Applicable to Institutions of FS

2020National Commission on Banking and Insurance (CNBS)
Honduras

Joint Policy Guideline Issuance Document C028 (English)

2020Honduran Banking Association (Ahiba)
Honduras

Joint Policy Guideline Issuance Document C028 (Spanish)

2020Honduran Banking Association (Ahiba)
Honduras

Joint Policy Guideline Issuance Document C028 Annex (English)

2020National Commission on Banking and Insurance (CNBS)
Honduras

Joint Policy Guideline Issuance Document C028 Annex (Spanish)

2020National Commission on Banking and Insurance (CNBS)

Pillar 1 - ESG Integration - Strategic Alignment

National Framework

P 1.1 – Has the regulator or industry association published a national framework (“Framework”) for the banking sector that sets out expectations for integrating the consideration of environmental, social, and governance (ESG) risks and performance?

Yes

Source Reference Detail
This regulation was published on August 2020. It has a 2-year implementation period, starting January 1st, 2021.
Source Reference Document
Joint Policy Guidance Issuance Document
Source Reference Description

P 1.2 – Has the relevant regulator or industry association published a Framework for capital markets, investment, insurance or other non-lending FIs that sets out expectations for integrating the consideration of environmental, social, and governance (ESG) risks and performance?

No

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 1 - ESG Integration - Strategic Alignment

Alignment with International Goals & Standards

P 1.3 – Does the Framework make reference to international sustainable development frameworks or goals?

Yes

Source Reference Detail
IFC provided technical support for the regulation
Source Reference Document
IFC performance standards document
Source Reference Description

P 1.4 – Does the Framework make reference to established international ESG risk management standards and principles for FIs??

Yes

Source Reference Detail
This regulation was published on August 2020. It has a 2-year implementation period, starting January 1st, 2021.
Source Reference Document
IFC performance standards document
Source Reference Description

Pillar 1 - ESG Integration - Strategic Alignment

Alignment with national goals & strategies

P 1.5 – Does the Framework make reference to specific national development objectives, plans, policies, goals, or targets?

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 1.6 – Does any cooperation exist between agencies or between the regulator and industry association with respect to policy design and/or implementation related to ESG integration?

Yes

Source Reference Detail
Source Reference Document
Joint Policy Guidance Issuance Document
Source Reference Description

P 1.7 – Does any inter-agency data sharing currently exist related to ESG integration by FIs?

No

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 1 - ESG Integration - Regulatory and Industry Association Actions

Overall Approach & Strategy

P 1.8 – Does the Framework provide guidance on the role of the regulator or industry association with regard to assessing and managing ESG risk and performance in the financial sector?

Yes

Source Reference Detail
The norm objective is to establish the layout that the financial institutions have to monitor for the management of the environmental and social risks of the granted credits/loans, in accordance to the activity of the client or the destiny of the funding, it has to be considered as well the size, complexity or the adverse environmental and social impacts of the projects to be fund.
Source Reference Document
Standard for Environmental and Social Risk Management Applicable to Institutions of FS
Source Reference Description
Article 21

P 1.9 – Has the regulator or industry association undertaken market assessment to identify systemic ESG risks through analysis of the portfolios of supervised entities/members and published the results?

No

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 1 - ESG Integration - Regulatory and Industry Association Actions

Technical Guidance

P 1.10 – Does the Framework provide technical guidance or tools to support implementation of ESG risk and performance management by the financial sector?

Yes

Source Reference Detail
The regulation lays down general guidelines related to financial transactions subject to environmental and social risk management (AS); specifying that credit operations are subject to the Environmental and Social Risk Management System (SARAS), standard and system in order to manage the institutions’ exposure to their clients Environmental and Social risk
Source Reference Document
Joint Policy Guidance Issuance Document
Source Reference Description

Pillar 1 - ESG Integration - Regulatory and Industry Association Actions

Supervisory Activities & incentives

P 1.11 – Is the implementation of the Framework regularly monitored and/or information regularly collected from FIs by the regulator and/or industry association?

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 1.12 – Does the regulator or industry association provide any financial or non-financial incentives for FIs to manage ESG performance as part of the Framework?

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 1.13 – Does the regulator or industry association apply any disincentives/penalties for non-compliance by FIs in terms of expectations from the regulator and/or industry association related to ESG risk management as part of the Framework?

No

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 1 - ESG Integration - Regulatory and Industry Association Actions

Tracking & Aggregated Disclosure

P 1.14 – Has the regulator or industry association established a data collection approach and database to track or regularly publish data related to ESG integration by FIs as part of the Framework?

No

Source Reference Detail
Artículo 10.- Funciones y Responsabilidades del Directorio
Source Reference Document
Source Reference Description

Pillar 1 - ESG Integration - Expectations of FI Actions

Strategy & Governance

P 1.15 – Does the Framework require/ask the FI’s board of directors (or highest governing body) to approve an ESRM and/or ESG integration strategy, and to supervise its implementation?

Yes

Source Reference Detail

Artículo 10.- Funciones y Responsabilidades del Directorio

Source Reference Document

Joint Policy Guidance Issuance Document
Source Reference Description
Article 10

Pillar 1 - ESG Integration - Expectations of FI Actions

Organizational Structure & Capacity Building

P 1.16 – Does the Framework require/ask FIs to allocate resources/budget commensurate with portfolio ESG risks and define roles and responsibilities for ESG integration within the organization?

Yes

Source Reference Detail
Source Reference Document
Joint Policy Guidance Issuance Document
Source Reference Description

P 1.17 – Does the Framework require/ask FIs to develop and maintain the ESG expertise and capacity of staff commensurate with portfolio ESG risks through regular training and learning?

Yes

Source Reference Detail
The regulations state that one of the aspects to consider within the Environmental and Social Risk Management System (SARAS) is the training and guidance to staff in all areas involved in the institution, so that the institution understands the potential impact of Environmental and Social risk and therefore manage them in operational terms. It also notes that the AS Policy should consider ongoing training to facilitate AS risk management; and, provides that the AS risk unit must identify training and dissemination needs for proper AS risk management. It makes reference to the articles No. 6, 8 and 12 of the “Norma para la Gestión del Riesgo Ambiental y Social Aplicable a las Instituciones del Sistema Financiero”
Source Reference Document
Standard for Environmental and Social Risk Management Applicable to Institutions of FS
Source Reference Description

P 1.18 – Does the Framework require/ask FIs to create incentives for managers to reduce the ESG risk-level of the portfolio over a specified timeframe?

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 1 - ESG Integration - Expectations of FI Actions

Policies & Procedures

P 1.19 – Does the Framework require/ask FIs to develop policies and procedures to identify, classify, measure, monitor, and manage ESG risks and performance throughout the financing cycle at the client level and/or the transaction/project level?

Yes

Source Reference Detail
Source Reference Document
Standard for Environmental and Social Risk Management Applicable to Institutions of FS
Source Reference Description

P 1.20 – Does the Framework require/ask FIs to undertake a regular review and monitoring of ESG risk exposure at aggregate portfolio level?

Yes

Source Reference Detail
Source Reference Document
Joint Policy Guidance Issuance Document
Source Reference Description
Article 21

P 1.21 – Does the Framework require/ask FIs to establish and maintain an external inquiry/complaints/grievance mechanism for interested and affected stakeholders in relation to ESG practices?

Yes

Source Reference Detail
Source Reference Document
Joint Policy Guidance Issuance Document
Source Reference Description
Annex 3 Clause f

Pillar 1 - ESG Integration - Expectations of FI Actions

Tracking, Reporting & Disclosure

P 1.22 – Does the Framework require/ask FIs to report ESG risks and performance to the regulator or industry association?

Yes

Source Reference Detail
Source Reference Document
Joint Policy Guidance Issuance Document
Source Reference Description
Article 16

P 1.23 – Does the Framework require/ask FIs to report on ESG integration publicly?

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 1.24 – Does the Framework require/ask FIs to track credit risk (e.g. loan defaults) and/or financial returns in relation to ESG risk level?

Yes

Source Reference Detail
Source Reference Document
Standard for Environmental and Social Risk Management Applicable to Institutions of FS
Source Reference Description
Article 15

Pillar 2 - Climate Risk Management - Strategic Alignment

National Framework

P 2.25 – Has the regulator or industry association published a national framework (“Framework”) for the banking sector that sets out expectations for integrating the consideration and management of climate risks and their impact in the national economy?

Yes

Source Reference Detail
Focused on ESG risk management, and makes reference to climate risks as part of Consideration 4. Article 4 references the inclusion of ESG risk as part of credit and other risk management.
Source Reference Document
Standard for Environmental and Social Risk Management Applicable to Institutions of FS
Source Reference Description
Article 4

P 2.26 – Has the relevant regulator or industry association published a Framework for capital markets, investment, insurance or other non-lending FIs that sets out expectations for integrating the consideration and management of climate risks and their impact in the national economy?

No

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 2 - Climate Risk Management - Strategic Alignment

Alignment with International Goals & Standards

P 2.27 – Does the Framework make reference to international agreements or frameworks to address climate?

No

Source Reference Detail
Source Reference Document
Source Reference Description
P 2.28 – Does the Framework recognize or align with established regional or international good practice for climate risk management and disclosure by FIs?

No

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 2 - Climate Risk Management - Strategic Alignment

Alignment with National Goals & Strategies

P 2.29 – Has the regulator or industry association aligned the Framework with national goals to address climate change in line with the country’s Nationally Determined Contributions (NDCs) to the Paris Agreement? 

Yes

Source Reference Detail
Beginning in 2021, IFC is collaborating with the Central American Council of Superintendents of Banks, Insurance and Other Financial Institutions (CCSBSO), and members including Honduras, Costa Rica, Panama, Nicaragua, El Salvador and Guatemala (in addition to Colombia and the Dominican Republic), to build capacity and common approaches on ESG, climate risk management, and taxonomies. National priorities for climate change, including climate adaptation, are also addressed through the Sustainable Banking Initiative
Source Reference Document
Source Reference Description

P 2.30 – Does any cooperation exist between agencies, or between government and industry association, with respect to policy design or implementation related to climate risk management? 

Yes

Source Reference Detail
Collaboration between industry association (AHIBA) and the National Commission of Banks and Insurance for regulatory development. In addition, beginning in 2021, IFC is collaborating with the Central American Council of Superintendents of Banks, Insurance and Other Financial Institutions (CCSBSO), and members including Honduras, Costa Rica, Panama, Nicaragua, El Salvador and Guatemala (in addition to Colombia and the Dominican Republic), to build capacity and common approaches on ESG, climate risk management, aCIRCULAR CNBS (National Commission of Banks and Insurance) No.028 / 2020 STANDARD FOR RISK MANAGEMENTENVIRONMENTAL AND SOCIAL APPLICABLE TO FINANCIAL SYSTEM INSTITUTIONS is focused on ESG risk management, and makes reference to climate risks as part of Consideration 4. Article 4 references the inclusion of ESG risk as part of credit and other risk management. Articles 19 and 20 reference monitoring and reporting requriements.nd taxonomies.
Source Reference Document
Source Reference Description

P 2.31 – Does any inter-agency data sharing currently exist related to climate risk management by FIs?  

No

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 2 - Climate Risk Management - Regulatory and Industry Association Actions

Overall Approach & Strategy

P 2.32 – Has the regulator or industry association undertaken research on historical impacts to the economy and financial sector from climate change, and/or future expected impacts resulting from physical and transition climate risks? 

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 2.33 -Does the Framework identify key sources of GHG emissions – such as in particular sectors – as priorities in the proactive management of climate risks by the financial sector?  

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 2.34 – Does the Framework incorporate the conservation/restoration of natural carbon sinks (such as oceans, forests, mangroves, grasslands, and soils) as an important part of reducing climate change risks? (e.g., through guidelines, scenario analysis, targets, or incentives for FIs)

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 2.35 – Has the regulator or industry association developed an internal strategy to address climate risk, and/or embedded climate risk management into its governance, organizational structures, and budget as part of the Framework?

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 2.36 – Has the regulator or industry association undertaken any activities to expand and deepen analytical understanding of national and/or cross-border physical and transition climate risks, and to raise awareness as to how these risks may transmit to, and impact, the financial sector?  

Yes

Source Reference Detail

Sustainable Banking Initiative (SBI)has engaged to develop internal climate research capabilities (or accessed that capacity and establish a dialogue with the financial sector, including on national priorities for climate change, including climate adaptation. Beginning in 2021, IFC is collaborating with the Central American Council of Superintendents of Banks, Insurance and Other Financial Institutions (CCSBSO), and members including Honduras, Costa Rica, Panama, Nicaragua, El Salvador and Guatemala (in addition to Colombia and the Dominican Republic), to build capacity and common approaches on ESG, climate risk management, and taxonomies.

Source Reference Document
Source Reference Description

Pillar 2 - Climate Risk Management - Regulatory and Industry Association Actions

Technical Guidance

P 2.37 – Has the regulator or industry association developed risk assessment approaches, methodologies, or tools to understand and assess the financial sector’s exposure to climate risk as part of the Framework?  

No

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 2 - Climate Risk Management - Regulatory and Industry Association Actions

Supervisory Activities & Incentives

P 2.38 – As part of the Framework, has the regulator clarified supervisory expectations with regard to climate risk management by FIs, including consideration of international good practices? 

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 2.39 – Has the regulator started to explicitly embed climate-related risk in supervisory activities and review processes as part of the Framework? 

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 2.40 – Has the regulator started to explicitly embed climate-related risk in supervisory activities and review processes as part of the Framework? 

Yes

Source Reference Detail
Focused on ESG risk management, and makes reference to climate risks as part of Consideration 4. Article 4 references the inclusion of ESG risk as part of credit and other risk management. Articles 19 and 20 reference monitoring and reporting requriements.
Source Reference Document
Standard for Environmental and Social Risk Management Applicable to Institutions of FS
Source Reference Description
Article 4, 19, 20

P 2.41 – Has the regulator started to explicitly embed climate-related risk in supervisory activities and review processes as part of the Framework?  

No

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 2 - Climate Risk Management - Regulatory and Industry Association Actions

Tracking & Aggregated Disclosure

P 2.42 – Does the regulator or industry association regularly collect and/or report market-level and/or FI-level data on climate-related financial sector risks as part of the Framework?  

No

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 2 - Climate Risk Management - Expectations of FI Actions

Strategy & Governance

P 2.43 – Does the Framework require/ask FIs to establish a strategy for climate risk management with responsibility at the board of director level (or highest governing body)?  

Yes

Source Reference Detail
Focused on ESG risk management, and makes reference to climate risks as part of Consideration 4. Article 4 references the inclusion of ESG risk as part of credit and other risk management. Articles 10 (“Functions and Responsibilities of the Board of Directors” and 11 (“Functions and Responsibilities of Senior Management”).
Source Reference Document
Standard for Environmental and Social Risk Management Applicable to Institutions of FS
Source Reference Description
Articles 4,10, 11

Pillar 2 - Climate Risk Management - Expectations of FI Actions

Organizational Structure & Capacity Building

P 2.44 – Does the Framework require/ask FIs to define the roles and responsibilities and related capacities of the FI’s senior management and operational staff in identifying, assessing, and managing climate-related financial risks and opportunities? 

Yes

Source Reference Detail
Focused on ESG risk management, and makes reference to climate risks as part of Consideration 4. Article 4 references the inclusion of ESG risk as part of credit and other risk management. Articles 10 (“Functions and Responsibilities of the Board of Directors” and 11 (“Functions and Responsibilities of Senior Management”) and 12 (“Functions and Responsibilities of the Unit or Officer in Charge AS Risk”).
Source Reference Document
Standard for Environmental and Social Risk Management Applicable to Institutions of FS
Source Reference Description
Articles 4,10, 11, 12

Pillar 2 - Climate Risk Management - Expectations of FI Actions

Policies & Procedures

P 2.45 – Does the Framework require/ask FIs to expand existing risk management processes to identify, measure, monitor, and manage/mitigate financial risks from climate change?

Yes

Source Reference Detail
Focused on ESG risk management, and makes reference to climate risks as part of Consideration 4. Article 4 references the inclusion of ESG risk as part of credit and other risk management. Articles 4 (“Transversality of AS Risk” and Article 17 (“Integration of SARAS to Credit and Operations Processes”).
Source Reference Document
Standard for Environmental and Social Risk Management Applicable to Institutions of FS
Source Reference Description
Articles 4, 17

Pillar 2 - Climate Risk Management - Regulatory and Industry Association Actions

Tracking, reporting & disclosure

P 2.46 – Does the Framework require/ask FIs to report on their overall approaches to climate risk management in line with international good practices (e.g., TCFD), or establish a timeline by which FIs should begin to align their reporting with such practices? 

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 2.47 – Does the Framework require/ask FIs to identify, measure, and report on exposure to sectors which are vulnerable to transition risk and physical risk?

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 2.48 – Does the Framework require/ask FIs to adopt and report on performance targets to reduce portfolio greenhouse gas (GHG) emissions on a regular basis? 

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 2.49 – Does the Framework require/ask FIs to adopt and report on performance targets to reduce exposure to climate change risks at the portfolio level on a regular basis?

No

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 3 - Financing Sustainability - Strategic Alignment

National Framework

P 3.50 – Has the regulator or industry association published a national framework (“Framework”) for the banking sector that sets out expectations for integrating the consideration of instruments, goals, and standards for financing sustainability, including requirements for ensuring credibility and managing and measuring resulting impacts in the national economy?

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 3.51 – Has the relevant regulator or industry association published a Framework for capital markets, investment, insurance or other non-lending FIs that sets out expectations for integrating the consideration of instruments, goals, and standards for financing sustainability, including requirements for ensuring credibility and managing and measuring resulting impacts in the national economy

No

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 3 - Financing Sustainability - Strategic Alignment

Alignment with International Goals & Standards

P 3.52 – Has the regulator or industry association developed a strategy, regulations, or set of frameworks for stimulating the allocation of capital to sustainable assets, projects, and related sectors in line with global goals, such as the Sustainable Development Goals (SDGs)?

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 3.53 – Does the Framework recognize and/or align with existing standards, voluntary principles, or market good practices related to sustainable finance instruments?

No

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 3 - Financing Sustainability - Regulatory and Industry Association Actions

Alignment with national goals & strategies

P 3.54 – Does the Framework enable the achievement of stated national objectives by guiding capital to sectors, assets, and projects that have environmental and social benefits in line with national sustainable development priorities, strategies, targets, and the size of sustainable investment needs, and taking into account the local barriers to scaling-up sustainable finance? 

No

Source Reference Detail

Source Reference Document
Source Reference Description

P 3.55 – Does the Framework enable the achievement of stated national objectives by guiding capital to sectors, assets, and projects that have environmental and social benefits in line with national sustainable development priorities, strategies, targets, and the size of sustainable investment needs, and taking into account the local barriers to scaling-up sustainable finance?

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 3.56 – Does any inter-agency data sharing currently exist related to stimulating and monitoring sustainable finance flows?

No

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 3 - Financing Sustainability - Strategic Alignment

Overall Approach & Strategy

P 3.57 – Does the Framework require/ask the regulator or industry association to establish mechanisms to identify and encourage the allocation of capital to sustainable sectors, assets, and projects?

No

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 3 - Financing Sustainability - Regulatory and Industry Association Actions

Technical Guidance

P 3.58 – Does the Framework require/ask the regulator or industry association to establish mechanisms to identify and encourage the allocation of capital to sustainable sectors, assets, and projects? 

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 3.59 – Does the Framework provide guidelines for extending green, social or sustainability-focused loans (excluding bonds)?

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 3.60 – Does the Framework provide guidelines for issuance of green, social or sustainability bonds?

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 3.61 – Does the Framework require/ask for external party verification to ensure the credibility of sustainability instruments?

No

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 3 - Financing Sustainability - Regulatory and Industry Association Actions -

Supervisory activities & incentives

P 3.62 – Does the regulator or industry association monitor information reported by FIs related to green/social/sustainability investment, lending, and other instruments to prevent greenwashing and social-washing?

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 3.63 – Are there any financial or non-financial incentives for FIs to develop and grow green, social, or sustainability finance instruments?

No

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 3 - Financing Sustainability - Regulatory and Industry Association Actions -

Tracking & Aggregated Disclosure

P 3.64 – Does the regulator or industry association collect and/or publish data from FIs or other sources about allocation of capital to green/social/sustainability assets, projects, or sectors?

No

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 3 - Financing Sustainability - Expectations of FI Actions

Strategy & Governance

P 3.65 – Does the Framework require/ask FIs to establish a strategy, governance, or high-level targets, including at the Board of Directors level, for capital allocation to sustainable assets, projects, or sectors?

No

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 3 - Financing Sustainability - Expectations of FI Actions

Organizational Structure & Capacity Building

P 3.66 – Does the Framework require/ask FIs to define internal staff roles and responsibilities to encourage finance flows to green, social, and/or sustainability-focused investments?

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 3.67 – Does the Framework require/ask FIs to develop and maintain internal staff capacity on green, social, or sustainability products through regular training and learning?

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 3 - Financing Sustainability - Expectations of FI Actions

Policies & Procedures

P 3.68 – Does the Framework require/ask FIs to put in place policies and procedures for defining, issuing, managing proceeds, tracking performance, and reporting on green, social or sustainability-focused products?

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 3.69 – Does the Framework require/ask FIs to appoint an independent external reviewer to confirm that the FI’s internal framework meets the requirements of the recognized national framework and regulations, or aligns to international standards?

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 3.70 – Does the Framework require/ask that FIs create incentives for managers to increase sustainable loans or investments in the portfolio?

No

Source Reference Detail
Source Reference Document
Source Reference Description

Pillar 3 - Financing Sustainability - Expectations of FI Actions

Tracking, reporting & disclosure

P 3.71 – Does the Framework require/ask FIs to publish annual updates on the performance and impacts of the sustainability instruments in compliance with relevant national and/or international standards?

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 3.72 – Does the Framework require/ask FIs to obtain and disclose independent review of metrics reported annually in relation to the social and environmental outcomes and impacts achieved through the sustainability instruments?

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 3.73 – Does the Framework require/ask FIs to obtain and disclose independent review of metrics reported annually in relation to the social and environmental outcomes and impacts achieved through the sustainability instruments?

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 3.74 – Does the Framework require/ask FIs to report to the regulator(s) or industry association(s) on green, social, and/or sustainability bonds or other positive impact investments?

No

Source Reference Detail
Source Reference Document
Source Reference Description

P 3.75 – Does the Framework require/ask FIs to report publicly on their green, social and sustainability-focused finance activities and positive outcomes or impacts (i.e. not only to the regulator or shareholders)?

No

Source Reference Detail
Source Reference Document
Source Reference Description