SAMIC has adopted two environmental strategies. One strategy is for SAMIC to look at its own environmental footprint; and the other strategy is for SAMIC to look at the environmental issues at clients’ level.
ENVIRONMENTAL PERFORMANCE WITHIN SAMIC
To monitor and report on the internal environmental performance, SAMIC has adopted a simple carbon accounting for this purpose.
ENVIRONMENTAL PERFORMANCE AT CLIENTS’ LEVEL
To manage and report on external environmental performance, SAMIC has adopted two strategies – one deals with raising awareness of environmental issues for its clients and their communities and the other deals with promoting environmentally-friendly activities of its clients.
To raise awareness of environmental issues for SAMIC’s clients and their communities, SAMIC will engage in various environment campaign activities such as city clean-up, tree planting, distributions of free trash bins, training on sustainable agriculture, etc. SAMIC will review and plan its environmental campaigns suitable to its clients and communities on an annual basis.
To promote environmentally-friendly activities of SAMIC’s clients, SAMIC will design green micro loans to help its clients engage in environmentally-friendly activities (such as latrine project) and access to environmentally-friendly technologies such (as solar project). On an annual basis, SAMIC will review its lending methodologies in terms of amount, duration, repayment and incentives to encourage its clients to engage in these activities.