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IFC Sustainability
IFC Sustainability
IFC and the World Bank signed a new $5 million agreement with the Government of Switzerland, to help develop public and private tools and methodologies that can change how governments and businesses account for, manage, and invest in nature.
IFC's Lighting Africa program collaborated with a popular Kenyan soap opera to showcase how rural off-grid communities in Kenya could switch from kerosene to solar portable lamps.
IFC is reviewing comments and contributions received for the "Good Practice Note on Cumulative Impact Assessment and Management for the Private Sector in Emerging Markets". For updates, please sign up through our website.
IFC is launching a three-year consultative process to revise the World Bank Group Environmental, Health, and Safety (EHS) Guidelines.
IFC helped the Pakistan Institute of Corporate Governance build capacity to train bank directors and senior managers to improve corporate governance practices of financial 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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