Bangladesh, Oct. 16 -- Pakistan's major commercial banks have weak sustainability safeguards for the companies and projects they finance, despite having stronger policies governing their own operations, according to a new assessment.Open Bank Account

Only 23.1 per cent of the assessed policy elements relating to borrowers and financed projects received a positive basic policy score, compared with 75.4 per cent for banks' own operations, the benchmark by Fair Finance Pakistan has found.

Climate change and biodiversity emerged as the weakest areas, with average scores of 1.12 and 1.69 out of 10, respectively, among seven major commercial banks assessed under the report.

The assessment found that positive policy coverage for lending and ...