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Sustainable development
EKN wants to promote corporate responsibility. The ethical issues EKN considers in its guarantee operations include the environment, social issues, elimination of corruption and promotion of sustainable lending to poor countries.
Environment and social issues
EKN wants to contribute to transactions with acceptable social conditions and environmental effects. EKN will abstain from involvement in transactions for which the social conditions and environmental impact are deemed unacceptable. Consequently, when issuing guarantees EKN considers the environmental, human and social implications, as well as working conditions such as health & safety, child labour and forced labour in the project or buying company.
Corruption
EKN does not accept corruption in the transactions we guarantee.
Sustainable lending
EKN takes into consideration the debt situation of heavily indebted poor countries and does not participate in projects which hinder the social or economic development of these countries. This policy applies to transactions with public buyers in countries which are subject to restrictions on commercial borrowing.
Published: Sep 10, 2010
Last updated: Nov 24, 2010