Environment Management Policy
Arig Bank is committed to managing environmental impact as an integral part of the operations. In particular, our Environment Management Policy is developed in line with the Sustainable Development Goals (SDGs) and assure the environmental integrity of our operations and processes at all times by adhering to the following principles:
Taking Initiative: We dedicated to promoting sustainable and responsible business practices to positively impact the wider community at the national level. For that reason, we will strive to become a strong advocate for both entrepreneurship and innovation, it is natural for the Bank to leverage our strength to support eco-friendly SMEs by using our financial instruments.
Activating Leadership: We will encourage participation and communicate our commitment to responsible environmental management by advising partners, customers and employees of our environmental policy and encouraging them to adopt effective environmental management practices;
Acting Sustainably: As a leader organization in implementing Mongolian Sustainable Financing Principles, we will adopt internal management systems, procedures, and modern technologies specifically designed to minimize the use of hazardous materials, energy and other natural resources, to minimize the waste sources, and to enable recycling and reuse of materials under the purpose of creating “Green Office” and deliver eco-friendly “Green” products and services.
Demonstrating Integrity: For the purpose of keeping business sustainable and enhancing the company’s contribution, we will continue to implement ISO 14001 international standard and ensure full compliance with the law on environmental protection in Mongolia.
Promoting Transparency: We will continue to conduct effective employee training programs to raise awareness and enhance knowledge of the responsible environmental management and support to enable them to implement this policy. Besides, we will report our operation in an open and transparent manner that will enable the public to be informed.
We will monitor and evaluate the implementation of the principles and submit environmental performance review on an annual basis to our Executive Management Team, while making constant improvement in performance, commitment and strategy.