Risk Management, Sustainable Development and Due Diligence Policies & Procedures
Environmental Bankers Association (EBA) is a non-profit trade association that represents the financial services industry, including bank and non-bank financial institutions, insurers, and those who provide services to them. Its members include lending institutions, property & casualty and life insurers, the environmental consulting and appraisal community, and attorneys. The EBA was established in 1994 in response to heightened sensitivity to environmental risk issues, and the need for environmental risk management and due diligence policies and procedures in financial institutions.
To protect and preserve bank net income and assets from environmental exposure and liability resulting from lending and trust activities through the employment of environmental risk management in the U.S. and worldwide.
Enhance visibility and awareness of environmental risk management's global role in promoting environmentally sound lending and fiduciary activities, sustainable development, and new concepts of social responsibility for the financial services industry.
We live in an era where the environment is recognized as an important part of virtually everything we do. Nowhere is the direct impact felt more than in the business community. Whether it is mining, manufacturing, transportation or energy, the business community can be targeted as the primary cause of pollution and other negative impacts on our air, water, open space, and natural resources. There is a strong connection between finance and the environment. The environmental risks that confront a financial institutionís clients... Read More>>