Climate Change Data

Nepal Rastra Bank

Climate Impact & Sustainability Data (2018)

Reporting Period: 2018

Environmental Metrics

ESG Focus Areas

  • Environmental Risk Management
  • Social Risk Management
  • Credit Risk Management

Governance Achievements

  • Established Environmental & Social Risk Management (ESRM) Guideline for Banks and Financial Institutions

Climate Goals & Targets

Environmental Challenges

  • Air and water pollution, solid waste management problems
  • Social challenges including poverty reduction, human health, gender equality, and working conditions
  • Environmental challenges including energy demand, renewable energy use, climate change vulnerability, and resource management
  • B/FIs concern about competitive disadvantage in implementing E&S risk management procedures
Mitigation Strategies
  • Issuing Guideline on Environmental & Social Risk Management for Banks and Financial Institutions to integrate sustainability into credit risk management
  • Developing and implementing an Environmental and Social Management System (ESMS)
  • Providing capacity building initiatives
  • Creating an enabling regulatory context that ensures a level playing field for B/FIs

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Vulnerability to the impacts of climate change
Opportunities
  • Green financing and inclusive lending

Reporting Standards

Frameworks Used: IFC’s Performance Standards on Environmental and Social Sustainability, Equator Principles

Certifications: ISO 14001, OHSAS 18001, SA8000