JSICB “Ipak Yuli” seeks to minimize the likely environmental and social risks arising from its lending activities and activities of its customers and applies the Environmental and Social Risk Management Policy (ESRMP).
ESMS - Environmental and Social Management System is a system of policies, procedures, tools and qualifications of Bank's staff, aimed at managing risks and reducing of negative impacts of subprojects (business activities financed within frames of ADB’s projects) on the environment and people. The policy is the basis of Bank's environmental and social management system.
The Bank recognizes the need for proper management of environmental and social risks as an integral part of its activities.
Applicable policy by bank was developed in accordance with the Law of the Republic of Uzbekistan "On Protection of Nature", the Law of the Republic of Uzbekistan "On Environmental Expertise", the Regulation on the State Environmental Expertise, the List of Activities for which the State Environmental Expertise is carried out, as well as the Regulation on the Policy on Protective Measures of Asian Development Bank.