more effective and efficient. The seminars among the AARG members, which are held regularly, help ensure that each participating country can apply the knowledge in adapting their regulatory activities to

. In order to maintain overall financial results, the Company has initiated strategies focused on improvements in operational efficiency and expense control, such as adapting to the ‘new normal’ of

Document. 2.3. Alignment with other Sector Criteria Table 2: Alignment with other Climate Bonds Standard Sector Criteria manufacturing, altering, repairing, cleaning, washing, breaking-up, adapting or

Investor Strategies for Incorporating ESG Considerations into Corporate Interactions www.blackrock.com www.ceres.org Century21st Engagement Investor Strategies for Incorporating ESG Considerations into Corporate Interactions [ 5 ] FOREWORD The Value of Our Voice ......................................................................................................................................... 1 How ESG Megatrends Are Shaping Valuation ...........................................................

are mostly family businesses that have difficulty adapting to business disruption, both in terms of product and business models. Technological changes have affected the behavior of consumers as they are

commercial banks adapting their business models, adjusting their physical branches both in terms of number and type of service, while developing their digital banking channels. In addition, banks have been

, bargaining power of buyers) How quickly are the company and management team adapting to the transition? i.e. an assessment of the momentum in improving resilience and responding to the changing industry

Risk Management Division, Assets and Liabilities Management Sub-committee and Risk Management Committee. We are also watchful for any potential impact on our deposits and liquidity, both short and long

Risk Management Division, Assets and Liabilities Management Sub-committee and Risk Management Committee. We are also watchful for any potential impact on our deposits and liquidity, both short- and long

are also watchful for any potential impacts on our deposits and liquidity, both short- and long-term, to ensure that we adopt proper fund-raising strategies. 7 3. Business Directions and Operations of