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IFC Sustainability
IFC Sustainability > Overview
IFC's Updated Sustainability Framework Effective January 1, 2012
Originally adopted in 2006, the Sustainability Framework has recently been updated following an 18-month consultation process. The updates reflect the evolution in good practice for sustainability and risk mitigation over the past five years.
IFC Shares Performance Standards Update at Community of Learning (October 2011)
Almost 150 participants from financial institutions around the world gathered for the fifth annual Performance Standards Community of Learning, a knowledge-sharing forum aimed at strengthening the implementation of environmental and social standards.
Understanding IFC's Environmental and Social Due Diligence Process (October 2011)
"Understanding IFC's environmental and social due diligence process" provides potential IFC clients an overview of IFC's E&S due diligence process and a brief description of our Performance Standards and their relevance to business development.
IFC Integrates Corporate Governance Analysis into Every Investment Transaction (July 2011)
IFC is now the first development finance institution to require a systematic corporate-governance analysis of every investment transaction as part of its due diligence process.
IFC Launches Web Portal to Support Financial Institutions' Environmental and Social Performance (July 2011)
Financial Institutions, Resources, Solutions & Tools for Sustainability or "FIRST for Sustainability" will serve as a global resource on sustainability-related tools and information developed by IFC and other development finance institutions.
IFC Sustainability
Growing public awareness of environmental, social, and corporate governance issues is driving changes in the products consumers buy, how companies do business, and how investment decisions are made.
IFC's world-class environmental, social, and and corporate governance expertise helps private-sector clients succeed in this changing global environment by realizing their financial potential with a strong eye to environmental, social, and governance issues such as climate change, access to water, disclosure and transparency, and the impact business operations may have on local communities.
Our expertise includes:
- Risk Management: Helping companies identify, reduce, and manage environmental, social, and corporate governance risks associated with their services, products, and business operations.
- Advisory Services in Sustainable Business: Working with companies to adopt environmental, social and governance practices and technologies that create a competitive edge. We seek the broad adoption of these practices to transform markets and improve people's lives.
- Global environmental and social standard setting: IFC's Policy and Performance Standards on Social and Environmental Sustainability are the gold standard in achieving sustainable development.
- Global standard setting on corporate governance: IFC's Corporate Governance Methodology is recognized as the most advanced of its kind among development finance institutions (DFIs). In 2010, the DFI Working Group on Corporate Governance launched the DFI Toolkit on Corporate Governance, which is based on IFC's methodology.
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