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Environmental and Social Due Diligence for IFIs
Conducting Environmental and Social Due Diligence of projects for international financial institutions
Environmental and social assessment services for IFIs:
Assessment of project documentation for compliance with the lender standards
Our company has vast experience in working with international financial institutions as an independent environmental and social consultant and in conducting Environmental and Social Due Diligence (ESDD) of projects
Objectives of Environmental and Social Due Diligence for IFIs:
1
Due Diligence of project procedures and processes
2
Identification of non-compliance with the lender requirements
3
Identification of gaps in project documentation
4
Development of an Action Plan to ensure compliance with the lender requirements
Environmental and Social Action Plan (ESAP)* is developed based on the assessment results; it defines the actions necessary to ensure compliance with the applicable standards and is part of the loan agreement.
* Both the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) provide for Environmental and Social Action Plan.
When implementing a project we are guided by:
1
Equator Principles
2
IFC Performance Standards
3
Environmental, Health and Safety Guidelines (IFC, World Bank Group)
4
OECD Common Approaches
5
Requirements of regional development banks (EBRD, ADB, etc.)
6
Requirements of export credit agencies (NEXI, JBIC, Euler Hermes, SACE, etc.)
Project Experience:
Why should you contact Environ Consult CIS?
1
Experience and professionalism
15+ years on the market, hundreds of successfully implemented projects for clients from different countries
2
Industry
expertise
expertise
We work with various industries – from food to mining
3
Individual
approach
approach
We implement projects taking into account the specifics of the client’s unique needs
4
World best
practices
practices
Deep expertise in global standards and international best practices
experience
experience
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