The Mongolian Sustainable Financing Principles

Principle 1 | Protect the natural environment

We will manage the use of soil, water, air, biodiversity and natural resources to minimize negative impacts and encourage the preservation and sustainable use of finite resources which are constrained or threatened.

Principle 2 | Protect people and communities

We will respect and uphold human rights and labour standards; and protect the health and safety of people and local communities.

Principle 3 | Protect cultural heritage

We will protect and preserve unique aspects of Mongolian culture such as our traditions and language, as well as our cultural, historical, archaeological, and paleontological heritage.

Principle 4 | Promote “green economy” growth

We will promote projects and other activities that contribute to a greener, cleaner economy in Mongolia.

Principle 5 | Promote financial inclusion

We will promote a more inclusive financial system in Mongolia by increasing access to financial products and services, providing financial education, and ensuring consumers are better protected.

Principle 6 | Promote ethical finance and corporate governance

We will not finance certain “excluded” activities, we will not tolerate unethical or criminal behaviour, and we will encourage and support improved practices relating to ethics and corporate governance.

Principle 7 | Promote transparency and accountability

We will promote transparency and accountability and report on our progress against our sustainable finance commitments.

Principle 8 | Practice what we preach

We will apply the same considerations to our own Business Operations that we are asking of our clients and will, as a sector, led by driving positive environmental, social and economic development in Mongolia.