PRIZMA

Bankable. Credible. Sustainable.

Flower

Archive for the ‘IFC Performance Standards’ Category

Prizmablog.com’s Top 10 Blogs in 2010

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

Bookmark and Share

IFC Performance Standards Revisions Entering Final Lap

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...)

Bookmark and Share

NGOs Testing BHP Billiton and Investors’ Metal

As discussions about the failed Bill C300 are subsiding, BHP Billiton's sustainability report is being mocked and NGOs lodged complaints about the company’s Mozal aluminum smelter with the JSE SRI Index and IFC’s independent recourse mechanism. (more...)

Bookmark and Share

Equator Principles – Only Greenwashing?

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...)

Bookmark and Share

Water use intensity in mining – in need of better metrics or water offsets?

Water use intensity (and quality) is critical to the extractive sector. Do we need better reporting metrics or should we look at water offsets to make a real difference? (more...)

Bookmark and Share

Equator Principles Strategic Review

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...)

Bookmark and Share

2010 GRI Report List for Canada and USA Grows from 56 to 87 since July 2010

Since end of July 2010, 29 sustainability reports were added to list of GRI-type reports for USA and Canada (contains sector, application level/type and links) taking the total from 56 to now 87 reports. (more...)

Bookmark and Share

New Rules for Equator Principles – Same Old, Same Old?

 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...)

Bookmark and Share

Phase II Consultation on IFC Performance Standards

IFC launched a second round of public consultation to update the IFC Performance Standards (2006), which provide also the basis for the Equator Principles. In mid June 2010, the first meeting was held in Washington DC. It attracted over 5o participants from Civil Society Organizations (CSOs) and industry.What are the emerging themes? (more...)

Bookmark and Share

What are Cost Drivers of Sustainability Reporting for First Timers?

While some may still be wondering how long they can get away without reporting, others see this as an opportunity to leverage sunk costs, impress investors and drive performance improvement. All first time reporters will be wondering about one thing: what is the length of that proverbial string? What are cost drivers of inaugural sustainability reporting? (more...)

Bookmark and Share

You are currently browsing the archives for the IFC Performance Standards category.