PRIZMA

The revised IFC Performance Standards have been approved by IFC’s board on May 12th. The Secretariat of the Equator Principles published the Strategic Review Consultant Report Summary proposing major changes.  (more...)

Greystar shareholders kicked out management and board as they did not secure permits and broad community support. Revisions of IFC Performance Standards and Equator Principles has a new case study to wrestle with. (more...)

ICMM's Annual Review notes high rates of A+ level sustainability reporting among company members, adoption of AA1000 stakeholder engagement standard, and identifies emerging issues in metals and mining sector.

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The third and final phase of IFC’s consultation process for the Sustainability Framework Review and Update ended on March 4. Where do we go from here? (more...)

Those looking for encouragement for sustainability reporting and/or GRI in the draft revision of the IFC Performance Standards will be disappointed. But the revision process is not over yet. (more...)

The following list comprises the most popular entries amongst 78 blogs posted in 2010 which resulted in over 13,400 page views: (more...)

In its recent CODE Progress Report on IFC Sustainability Framework Review and Update ( December 1, 2010), IFC notes that, with exceptions (such as the Access to Information Policy), majority of proposed changes are clarifications rather than material changes.  (more...)

As I note that another bank - NIBC - has joined the group of financial institutions which have adopted the Equator Principles, I recalled a friendly request and equally friendly but probing questions prompting this blog entry. (more...)

The Equator Principles, the de facto environmental and social benchmark used in project finance, will undergo a strategic review. Will this help with further mainstreaming or shifting financing more radically into other directions? (more...)

 The Equator Principles Financial Institutions have recently adopted new Governance Rules to create a  membership structure - Equator Principles Association - and formalize existing procedures and practices. The Rules introduce delisting provisions for members not meeting public reporting requirements. (more...)