ABN AMRO closely manages the environmental, social and ethical (ESE) impacts associated with the metals and mining sector (PDF 153 KB). With regard to risk management, we have incorporated comprehensive procedures in our appraisal and decision-making processes. For client engagements in the metals and mining sector, we make use of an assessment questionnaire to rate the extent to which clients have processes and policies in place to manage the ESE effects of their business.
For project finance, we apply the Equator Principles III to ensure that projects we finance are developed in a socially responsible manner and reflect sound environmental management practices. For single asset investments, we use a filter to assess whether there are any sensitive impacts associated with the transaction. We apply more comprehensive due diligence procedures for projects that pose greater risk of significant adverse environmental or social impacts.