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Respecting human rights is an integral part of the Bank’s responsibilities, the Bank acknowledges that our business as a financial intermediary can potentially impact human rights. The Bank and our clients have the responsibility to respect human rights in accordance with national regulations, as well as the global authoritative framework defined by the UN Guiding Principles on Business and Human Rights (UNGP) that sets out corporate sustainability to respect human rights and for carrying out due diligence to prevent and address abuses. Thus, the Bank has defined Human Rights Policy in 2019 that is in line with the Universal Declaration of Human Rights, UN Global Compact Principles, UN Guiding Principles on Business and Human Rights, and International Labour Organization.
Following the launch of Human Rights Policy, the Bank has conducted human rights risk assessment to identify human rights risks in the entire value chain of the business operation, manage and mitigate the impacts. The scope covers the Bank’s operation including subsidiaries, where Bank has operational control and relevant stakeholder e.g. employees, customers, suppliers, contractors, communities, and vulnerable groups (e.g. indigenous people, children, migrant labor). The Bank will place additional measures to those areas identified with high human rights risks. In addition, the Bank will proactively address and remedy any human rights impacts in case where human rights has been violated.
Our human rights risk assessment is conducted every three years while the mitigation measures for high risk issues are monitored annually.
Furthermore, the Bank has extended human rights risk managing concept to our core business, lending business, as stated in the Environmental and Social Responsibility Policy. Such practice is part of our ways towards sustainable finance.
In 2023, the Bank has zero incidents of human rights violation.
Respecting human rights is an integral part of the Bank’s responsibilities, the Bank acknowledges that our business as a financial intermediary can potentially impact human rights. The Bank and our clients have the responsibility to respect human rights in accordance with national regulations, as well as the global authoritative framework defined by the UN Guiding Principles on Business and Human Rights (UNGP) that sets out corporate sustainability to respect human rights and for carrying out due diligence to prevent and address abuses. Thus, the Bank has defined Human Rights Policy in 2019 that is in line with the Universal Declaration of Human Rights, UN Global Compact Principles, UN Guiding Principles on Business and Human Rights, and International Labour Organization.
Following the launch of Human Rights Policy, the Bank has conducted human rights risk assessment to identify human rights risks in the entire value chain of the business operation, manage and mitigate the impacts. The scope covers the Bank’s operation including subsidiaries, where Bank has operational control and relevant stakeholder e.g. employees, customers, suppliers, contractors, communities, and vulnerable groups (e.g. indigenous people, children, migrant labor). The Bank will place additional measures to those areas identified with high human rights risks. In addition, the Bank will proactively address and remedy any human rights impacts in case where human rights has been violated.
Our human rights risk assessment is conducted every three years while the mitigation measures for high risk issues are monitored annually.
Furthermore, the Bank has extended human rights risk managing concept to our core business, lending business, as stated in the Environmental and Social Responsibility Policy. Such practice is part of our ways towards sustainable finance.
In 2023, the Bank has zero incidents of human rights violation.
Respecting human rights is an integral part of the Bank’s responsibilities, the Bank acknowledges that our business as a financial intermediary can potentially impact human rights. The Bank and our clients have the responsibility to respect human rights in accordance with national regulations, as well as the global authoritative framework defined by the UN Guiding Principles on Business and Human Rights (UNGP) that sets out corporate sustainability to respect human rights and for carrying out due diligence to prevent and address abuses. Thus, the Bank has defined Human Rights Policy in 2019 that is in line with the Universal Declaration of Human Rights, UN Global Compact Principles, UN Guiding Principles on Business and Human Rights, and International Labour Organization.
Following the launch of Human Rights Policy, the Bank has conducted human rights risk assessment to identify human rights risks in the entire value chain of the business operation, manage and mitigate the impacts. The scope covers the Bank’s operation including subsidiaries, where Bank has operational control and relevant stakeholder e.g. employees, customers, suppliers, contractors, communities, and vulnerable groups (e.g. indigenous people, children, migrant labor). The Bank will place additional measures to those areas identified with high human rights risks. In addition, the Bank will proactively address and remedy any human rights impacts in case where human rights has been violated.
Our human rights risk assessment is conducted every three years while the mitigation measures for high risk issues are monitored annually.
Furthermore, the Bank has extended human rights risk managing concept to our core business, lending business, as stated in the Environmental and Social Responsibility Policy. Such practice is part of our ways towards sustainable finance.
In 2023, the Bank has zero incidents of human rights violation.
Respecting human rights is an integral part of the Bank’s responsibilities, the Bank acknowledges that our business as a financial intermediary can potentially impact human rights. The Bank and our clients have the responsibility to respect human rights in accordance with national regulations, as well as the global authoritative framework defined by the UN Guiding Principles on Business and Human Rights (UNGP) that sets out corporate sustainability to respect human rights and for carrying out due diligence to prevent and address abuses. Thus, the Bank has defined Human Rights Policy in 2019 that is in line with the Universal Declaration of Human Rights, UN Global Compact Principles, UN Guiding Principles on Business and Human Rights, and International Labour Organization.
Following the launch of Human Rights Policy, the Bank has conducted human rights risk assessment to identify human rights risks in the entire value chain of the business operation, manage and mitigate the impacts. The scope covers the Bank’s operation including subsidiaries, where Bank has operational control and relevant stakeholder e.g. employees, customers, suppliers, contractors, communities, and vulnerable groups (e.g. indigenous people, children, migrant labor). The Bank will place additional measures to those areas identified with high human rights risks. In addition, the Bank will proactively address and remedy any human rights impacts in case where human rights has been violated.
Our human rights risk assessment is conducted every three years while the mitigation measures for high risk issues are monitored annually.
Furthermore, the Bank has extended human rights risk managing concept to our core business, lending business, as stated in the Environmental and Social Responsibility Policy. Such practice is part of our ways towards sustainable finance.
In 2023, the Bank has zero incidents of human rights violation.
Human Rights Policy