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Contributing to Lundin Group’s Inaugural Sustainability Summit

Prizma’s Mehrdad Nazari was an invited contributor to the first Lundin Group Sustainability Summit. This event was organized and hosted by the Lundin Foundation in mid-September 2016 in Vancouver. Participating company members of the Lundin Group included Africa Oil, Lucara Diamond, Lundin Gold, Lundin Mining, Lundin Petroleum, Denison, and RamCoal.   http://wp.me/p27qSt-Qo Read More

Sustainability Reporting Workshop in Kenya

Prizma was recently engaged to facilitate a workshop on sustainability reporting for an independent oil exploration and development company with assets in the East African rift basin system. The tailored workshop was attended by champions representing a variety of disciplines, regions and stakeholders. It also provided an opportunity to take some time off and visit the Nairobi National Park and the David Sheldrick Wildlife Trust, which rears orphaned elephants and rhinos.

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IFC Performance Standards and ESMS Training for InterEnergy Holdings

In early May 2015, Prizma had the opportunity to deliver a tailored 2-day training course to representatives from several of InterEnergy Holdings’ portfolio companies. These ranged from energy generation, transmission and distribution in the Dominican Republic, some of which were co-financed by the Inter-American Development Bank (IDB), to InterEnergy’s Laudato Si wind park in Penonomé, Panama. The Laudato Si wind park is the largest wind development in Central America and was co-financed ($300 million) by the International Finance Corporation (IFC). Prizma supported InterEnergy with environmental and social aspects of the Penonomé wind farm development. - Shortlink: http://wp.me/p27qSt-Lb Read More

Prizma Sponsoring IAIA15 Conference in Florence

As an environmental and sustainability practitioner involved in developments financed by multilateral financial institutions and Equator Banks (see examples below), I value the opportunity to network with and learn from my professional peers. Several of my team members and I are members of the International Association for Impact Assessment, the leading global network on best practice in the use of impact assessment. Also, my former colleagues from the European Bank  will be collecting an IAIA award. So it seems only appropriate for Prizma to be sponsoring IAIA’s 35th Annual Conference themed Impact Assessment in the Digital Era. IAIA15 will be held from 20-23 April 2015 in Florence, Italy, and I look forward to seeing some of you at the event.  You can download the final conference program here.   -  Shortlink: http://wp.me/p27qSt-Ka

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Oil, Gas and Mining Lead ICSID Arbitration Case Load

The World Bank’s International Centre for Settlement of Investment Disputes (ICSID) recently published its case load statistics. The oil, gas and mining sector registered the highest case load (26%), including one to which Prizma contributed, followed by electric power and other energy (14%). The geographical distribution of all ICSID cases places South America on the top spot (26% of cases), followed closely by Eastern Europe and Central Asia (25%).    Shortlink: http://wp.me/p27qSt-K3

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Precedent setting application of Equator Principles in High-Income OECD Countries?

Image from Ichtys Project Website

While the application of Equator Principles and IFC Performance Standards for large capital developments in emerging markets is increasingly common, it is interesting to read that the same environmental and social benchmarks have also been applied in a US$ 20 billion limited recourse financing deal for the Ichthys LNG project in Australia, a High Income OECD Country.  (Shortlink: http://wp.me/p27qSt-B0) Read More

Equator Principles (EPIII) and IFC Performance Standards Training Courses

Equator Principles EPIII and IFC Performance Standards Training Course

Following successful courses delivered in London (hosted by Parsons Brinkerhoff on 21 Sept) and Toronto (hosted by TD Bank on 29 Oct), Prizma was commissioned by a confidential client to deliver a 1-day training courses on the Equator Principles (EPIII or EP3) and the IFC Performance Standards (2012) on December 19th, 2013 in Europe. Please contact us if you are interested in hearing about our future courses. - Shortlink is http://wp.me/p27qSt-zK

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European Bank Outreach to US-based Consultants in Chicago & Washington

European Bank

The Consultancy Services Unit of the European Bank for Reconstruction and Development is conducting an outreach to US-based consultants in Chicago (Nov 30) and Washington DC (Dec 1).  Read More

Will GRI be able to catch up with IPIECA’s lead?

While GRI is still completing its first-generation Oil and Gas Sector Supplement, IPIECA scores more endorsements for its second generation sustainability reporting guidelines. Will GRI be able to catch up?

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IFC discloses 2011 Performance Standards

IFC disclosed its 2011 Sustainability Framework (that includes the IFC Performance Standards) which will become effective on January 1, 2012. They contain strengthened aspects related to transparency, climate change, business and human rights, biodiversity and supply-chain management.

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