The second meeting of the Steering Committee (SC) on Environmental & Social Risk Management (ESRM) took place on March 03, 2022 which was also attended by Ms. Sima Kamil, Deputy Governor- DFS, FI, & IT.
The purpose of the meeting was to take stock of the progress made by the Working Group (WG) on ESRM with regard to successful implementation of the Pakistan Sustainable Banking Project. Six Working Group meetings have been held under the chairmanship of Executive Director – DFG, SBP – wherein substantial groundwork has been completed.
The Steering Committee (SC) and Working Group (WG) provide regulatory guidance on Environmental & Social Risk Management (ESRM) for Pakistan’s Financial Sector and the WG includes representatives from IFC and PBA along with SBP and is committed towards promoting a sustainable business model in Pakistan.