The Company believes that social development and inclusion are critical for sound development. For the Company, inclusion means empowering people to participate in and benefit from the development process in a manner consistent with local conditions. Inclusion encompasses policies to promote equality of opportunity and nondiscrimination, by improving the access of poor, employment, financial services and productive assets to remove barriers against vulnerable groups.
The Company's Clients, whether public or private, are responsible for successful preparation and implementation of their Projects, including management of the environmental and social risks and impacts of these activities.
The Company believes that gender equality is necessary for sustainable economic development and improvement of lives. The Company supports its Clients to identify potential gender- specific opportunities as well as gender-specific adverse risks and impacts under their Projects, and to develop mitigation measures to avoid or reduce such risks and impacts, including, as appropriate, measures to identify and address the risks of gender-based violence (GBV). The Company supports its Clients to enhance the design of their Projects in an inclusive and gender-responsive manner to promote equality of opportunity and women's socioeconomic empowerment, particularly with respect to access to finance, services and employment, including equal pay for equal work, and otherwise to promote positive impacts on women's economic status, with particular regard to financial resources and property ownership and control. The Company also supports its Clients' efforts to identify and address the risks of sexual exploitation and abuse (SEA), sexual harassment (SH), and GBV, including intimidation, in the Projects it supports.
The Company recognizes the important role played by workers, employers and their representatives in the development process, and their contribution to sustainable economic growth. It believes that the following measures taken under Projects help to support sustainable development: providing workers with living wages; providing safe and healthy working conditions and putting measures in place to prevent accidents, injuries and disease; avoiding activities involving forced labor and harmful or exploitative forms of child labor; having good human resources management; and having a sound labor management relationship based on equal opportunity, fair treatment, nondiscrimination, freedom of association, right to collective bargaining and access to a workplace grievance redress mechanism, consistent with national law (including international agreements adopted by the Member) governing the Project. The Company also recognizes the need for Clients to identify, avoid and mitigate the environmental and social risks and impacts of labor influx into Project communities.
Productive assets need to be green, low carbon and climate resilient in order to strengthen the global response to the threat of climate change, in line with the Paris Agreement of 2015 and countries' nationally determined contributions (NDC). The Company's focus in this area has been reinforced by the increasing attention and commitment on the part of Clients to mitigate and adapt to the impacts of climate change. The Company supports the three aims of the Paris Agreement, namely: the mitigation goal of holding the increase in the global average temperature to well below two degrees Centigrade above pre-industrial levels; the global adaptation goal of enhancing adaptive capacity, strengthening resilience and reducing vulnerability to climate change; and the goal of making all finance flows consistent with a pathway toward low greenhouse gas (GHG) emissions and climate-resilient development. The company will pay more and more attention to investment in mitigation and adaptation to climate change, and continue to support the operation of financial and capital markets with green objectives, and expand climate financing through partnerships with private and public sector institutions.
In order to ensure that our commercial vehicle financial leasing business has good social and environmental risk management, respond to the national energy conservation and environmental protection policies, reduce air pollution and achieve sustainable development, the Environmental and Social Framework is formulated. The overall goal of the framework is to promote the company to achieve these development results by integrating environmental and social management into the system of the business project.