IFC's Sustainability Framework : From Policy Update to Implementation

International Finance Corporation (IFC s) sustainability framework, which articulates our commitment to sustainable development and transparency. The performance standards are a vital part of the framework and address a range of environmental and s...

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Main Author:	International Finance Corporation
Format:	Publications & Research
Language:	English en_US
Published:	Washington, DC 2014
Subjects:	ACCESS TO INFORMATION ACCOUNTING ACTION PLAN ACTION PLANS ADVISORY SERVICES ADVISORY WORK AGRICULTURAL COMMODITIES AUDITS BEST PRACTICE BEST PRACTICES BIOLOGICAL DIVERSITY BLOG BUSINESS ACTIVITIES BUSINESS ACTIVITY BUSINESS ADVISORY BUSINESS ASSOCIATIONS BUSINESS CONTINUITY BUSINESS DECISIONS BUSINESS ENVIRONMENT BUSINESS OPERATIONS BUSINESS OPPORTUNITIES BUSINESS ORGANIZATIONS BUSINESS SUCCESS BUSINESS TRANSACTIONS BUSINESSES BUYERS CARBON CASH FLOW CHILD LABOR CLIMATE CLIMATE CHANGE COMMERCIAL BANKS COMMODITIES COMMODITY COMMUNITY ACCESS COMMUNITY DEVELOPMENT COMPARATIVE ADVANTAGE COOPERATIVES CORPORATE FINANCE COST SAVINGS CREDIT POLICY CREDITS DECISION MAKING DEVELOPED COUNTRIES DEVELOPMENT BANK DEVELOPMENT BANKS DEVELOPMENT EFFECTIVENESS DEVELOPMENT FINANCE DEVELOPMENT FINANCE INSTITUTIONS DISCLOSING INFORMATION DISCLOSURE REQUIREMENTS DISCRIMINATION DISPLACEMENT DOCUMENT MANAGEMENT DRIVERS DUE DILIGENCE REQUIREMENTS ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC RECOVERY ECONOMICS ELECTRICITY EMISSIONS EMISSIONS LEVELS EMPLOYEE EMPLOYMENT ENABLING ENVIRONMENT ENERGY EFFICIENCY ENERGY USE ENVIRONMENTAL ENVIRONMENTAL DEGRADATION ENVIRONMENTAL IMPACTS ENVIRONMENTAL SUSTAINABILITY ENVIRONMENTS EQUITY FUNDS FAIR TRADE FARMER FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL INVESTMENTS FINANCIAL MARKETS FINANCIAL RISKS FINANCIAL SECTOR FORCED LABOR FORUM FOR WOMEN FRESH WATER GENDER GENDER EQUALITY GENDER ISSUES GLOBAL MARKETPLACE GLOBAL STANDARD GLOBAL STANDARDS GOOD FAITH GREATER ACCESS GREENHOUSE GASES HOUSEHOLDS HOUSING FINANCE HUMAN RIGHTS INCOME INFORMATION POLICY INNOVATION INSTITUTION INSTITUTIONAL CAPACITY INSURANCE INSURANCE COMPANIES INTERNAL PROCESSES INTERNATIONAL BANK INTERNATIONAL BEST PRACTICE INTERNATIONAL FINANCE INVESTMENT BANKS INVESTMENT DECISIONS JOB CREATION JOBS KNOWLEDGE BASE KNOWLEDGE SHARING LABOR ORGANIZATION LABOR STANDARDS LAND USE LEGAL TITLE LISTSERV MANAGEMENT SYSTEM MANAGEMENT SYSTEMS MARKET DEMANDS MATERIAL MEDIUM ENTERPRISES MICROFINANCE MICROFINANCE INSTITUTIONS MIDDLE MEN MIDDLEMEN MIGRANT WORKERS MONITORING MECHANISMS MULTINATIONALS NATURAL RESOURCES NETWORKS NEW MARKETS NEXT GENERATION OIL ONLINE DISCUSSION OPERATING COSTS OPERATING ENVIRONMENT OUTREACH PEOPLES PERFORMANCE STANDARD PERFORMANCE STANDARDS PHOTO POLICY FRAMEWORK POLITICAL INSTITUTIONS POLLUTION PORTFOLIO PRIVATE EQUITY PRIVATE SECTOR PRIVATE SECTOR BANKS PRIVATE SECTOR FIRMS PRODUCTIVITY PROFITABILITY REGULATORY SYSTEMS RESULT RESULTS RETAIL BANKING RISK MANAGEMENT RISK MITIGATION RSS SAFETY SAFETY STANDARDS SET OF STANDARDS SITES SOCIAL ISSUES SOURCE OF INCOME SUBSISTENCE FARMERS SUPPLIERS SUPPLY CHAIN SUPPLY CHAIN MANAGEMENT SUPPLY CHAINS SUSTAINABILITY CONCEPTS SUSTAINABLE DEVELOPMENT SUSTAINABLE GROWTH SUSTAINABLE MANAGEMENT TARGETS TOTAL COST TRACEABILITY TRADE UNIONS TRAINING CENTERS TRANSLATION UNIVERSAL BANKS USERS USES VALUE CHAIN VENTURE CAPITAL VENTURE CAPITAL FUNDS VIDEO VILLAGE VULNERABLE GROUPS WASTE DISPOSAL WEB WORKING CAPITAL WORKING CONDITIONS
Online Access:	http://documents.worldbank.org/curated/en/2013/01/17462724/ifc s-sustainability-framework-policy-update-implementation-ifc s-sustainability-framework-policy-update-implementation http://hdl.handle.net/10986/16514

id	okr-10986-16514
recordtype	oai_dc
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ACCESS TO INFORMATION ACCOUNTING ACTION PLAN ACTION PLANS ADVISORY SERVICES ADVISORY WORK AGRICULTURAL COMMODITIES AUDITS BEST PRACTICE BEST PRACTICES BIOLOGICAL DIVERSITY BLOG BUSINESS ACTIVITIES BUSINESS ACTIVITY BUSINESS ADVISORY BUSINESS ASSOCIATIONS BUSINESS CONTINUITY BUSINESS DECISIONS BUSINESS ENVIRONMENT BUSINESS OPERATIONS BUSINESS OPPORTUNITIES BUSINESS ORGANIZATIONS BUSINESS SUCCESS BUSINESS TRANSACTIONS BUSINESSES BUYERS CARBON CASH FLOW CHILD LABOR CLIMATE CLIMATE CHANGE COMMERCIAL BANKS COMMODITIES COMMODITY COMMUNITY ACCESS COMMUNITY DEVELOPMENT COMPARATIVE ADVANTAGE COOPERATIVES CORPORATE FINANCE COST SAVINGS CREDIT POLICY CREDITS DECISION MAKING DEVELOPED COUNTRIES DEVELOPMENT BANK DEVELOPMENT BANKS DEVELOPMENT EFFECTIVENESS DEVELOPMENT FINANCE DEVELOPMENT FINANCE INSTITUTIONS DISCLOSING INFORMATION DISCLOSURE REQUIREMENTS DISCRIMINATION DISPLACEMENT DOCUMENT MANAGEMENT DRIVERS DUE DILIGENCE REQUIREMENTS ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC RECOVERY ECONOMICS ELECTRICITY EMISSIONS EMISSIONS LEVELS EMPLOYEE EMPLOYMENT ENABLING ENVIRONMENT ENERGY EFFICIENCY ENERGY USE ENVIRONMENTAL ENVIRONMENTAL DEGRADATION ENVIRONMENTAL IMPACTS ENVIRONMENTAL SUSTAINABILITY ENVIRONMENTS EQUITY FUNDS FAIR TRADE FARMER FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL INVESTMENTS FINANCIAL MARKETS FINANCIAL RISKS FINANCIAL SECTOR FORCED LABOR FORUM FOR WOMEN FRESH WATER GENDER GENDER EQUALITY GENDER ISSUES GLOBAL MARKETPLACE GLOBAL STANDARD GLOBAL STANDARDS GOOD FAITH GREATER ACCESS GREENHOUSE GASES HOUSEHOLDS HOUSING FINANCE HUMAN RIGHTS INCOME INFORMATION POLICY INNOVATION INSTITUTION INSTITUTIONAL CAPACITY INSURANCE INSURANCE COMPANIES INTERNAL PROCESSES INTERNATIONAL BANK INTERNATIONAL BEST PRACTICE INTERNATIONAL FINANCE INVESTMENT BANKS INVESTMENT DECISIONS JOB CREATION JOBS KNOWLEDGE BASE KNOWLEDGE SHARING LABOR ORGANIZATION LABOR STANDARDS LAND USE LEGAL TITLE LISTSERV MANAGEMENT SYSTEM MANAGEMENT SYSTEMS MARKET DEMANDS MATERIAL MEDIUM ENTERPRISES MICROFINANCE MICROFINANCE INSTITUTIONS MIDDLE MEN MIDDLEMEN MIGRANT WORKERS MONITORING MECHANISMS MULTINATIONALS NATURAL RESOURCES NETWORKS NEW MARKETS NEXT GENERATION OIL ONLINE DISCUSSION OPERATING COSTS OPERATING ENVIRONMENT OUTREACH PEOPLES PERFORMANCE STANDARD PERFORMANCE STANDARDS PHOTO POLICY FRAMEWORK POLITICAL INSTITUTIONS POLLUTION PORTFOLIO PRIVATE EQUITY PRIVATE SECTOR PRIVATE SECTOR BANKS PRIVATE SECTOR FIRMS PRODUCTIVITY PROFITABILITY REGULATORY SYSTEMS RESULT RESULTS RETAIL BANKING RISK MANAGEMENT RISK MITIGATION RSS SAFETY SAFETY STANDARDS SET OF STANDARDS SITES SOCIAL ISSUES SOURCE OF INCOME SUBSISTENCE FARMERS SUPPLIERS SUPPLY CHAIN SUPPLY CHAIN MANAGEMENT SUPPLY CHAINS SUSTAINABILITY CONCEPTS SUSTAINABLE DEVELOPMENT SUSTAINABLE GROWTH SUSTAINABLE MANAGEMENT TARGETS TOTAL COST TRACEABILITY TRADE UNIONS TRAINING CENTERS TRANSLATION UNIVERSAL BANKS USERS USES VALUE CHAIN VENTURE CAPITAL VENTURE CAPITAL FUNDS VIDEO VILLAGE VULNERABLE GROUPS WASTE DISPOSAL WEB WORKING CAPITAL WORKING CONDITIONS
spellingShingle	ACCESS TO INFORMATION ACCOUNTING ACTION PLAN ACTION PLANS ADVISORY SERVICES ADVISORY WORK AGRICULTURAL COMMODITIES AUDITS BEST PRACTICE BEST PRACTICES BIOLOGICAL DIVERSITY BLOG BUSINESS ACTIVITIES BUSINESS ACTIVITY BUSINESS ADVISORY BUSINESS ASSOCIATIONS BUSINESS CONTINUITY BUSINESS DECISIONS BUSINESS ENVIRONMENT BUSINESS OPERATIONS BUSINESS OPPORTUNITIES BUSINESS ORGANIZATIONS BUSINESS SUCCESS BUSINESS TRANSACTIONS BUSINESSES BUYERS CARBON CASH FLOW CHILD LABOR CLIMATE CLIMATE CHANGE COMMERCIAL BANKS COMMODITIES COMMODITY COMMUNITY ACCESS COMMUNITY DEVELOPMENT COMPARATIVE ADVANTAGE COOPERATIVES CORPORATE FINANCE COST SAVINGS CREDIT POLICY CREDITS DECISION MAKING DEVELOPED COUNTRIES DEVELOPMENT BANK DEVELOPMENT BANKS DEVELOPMENT EFFECTIVENESS DEVELOPMENT FINANCE DEVELOPMENT FINANCE INSTITUTIONS DISCLOSING INFORMATION DISCLOSURE REQUIREMENTS DISCRIMINATION DISPLACEMENT DOCUMENT MANAGEMENT DRIVERS DUE DILIGENCE REQUIREMENTS ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC RECOVERY ECONOMICS ELECTRICITY EMISSIONS EMISSIONS LEVELS EMPLOYEE EMPLOYMENT ENABLING ENVIRONMENT ENERGY EFFICIENCY ENERGY USE ENVIRONMENTAL ENVIRONMENTAL DEGRADATION ENVIRONMENTAL IMPACTS ENVIRONMENTAL SUSTAINABILITY ENVIRONMENTS EQUITY FUNDS FAIR TRADE FARMER FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL INVESTMENTS FINANCIAL MARKETS FINANCIAL RISKS FINANCIAL SECTOR FORCED LABOR FORUM FOR WOMEN FRESH WATER GENDER GENDER EQUALITY GENDER ISSUES GLOBAL MARKETPLACE GLOBAL STANDARD GLOBAL STANDARDS GOOD FAITH GREATER ACCESS GREENHOUSE GASES HOUSEHOLDS HOUSING FINANCE HUMAN RIGHTS INCOME INFORMATION POLICY INNOVATION INSTITUTION INSTITUTIONAL CAPACITY INSURANCE INSURANCE COMPANIES INTERNAL PROCESSES INTERNATIONAL BANK INTERNATIONAL BEST PRACTICE INTERNATIONAL FINANCE INVESTMENT BANKS INVESTMENT DECISIONS JOB CREATION JOBS KNOWLEDGE BASE KNOWLEDGE SHARING LABOR ORGANIZATION LABOR STANDARDS LAND USE LEGAL TITLE LISTSERV MANAGEMENT SYSTEM MANAGEMENT SYSTEMS MARKET DEMANDS MATERIAL MEDIUM ENTERPRISES MICROFINANCE MICROFINANCE INSTITUTIONS MIDDLE MEN MIDDLEMEN MIGRANT WORKERS MONITORING MECHANISMS MULTINATIONALS NATURAL RESOURCES NETWORKS NEW MARKETS NEXT GENERATION OIL ONLINE DISCUSSION OPERATING COSTS OPERATING ENVIRONMENT OUTREACH PEOPLES PERFORMANCE STANDARD PERFORMANCE STANDARDS PHOTO POLICY FRAMEWORK POLITICAL INSTITUTIONS POLLUTION PORTFOLIO PRIVATE EQUITY PRIVATE SECTOR PRIVATE SECTOR BANKS PRIVATE SECTOR FIRMS PRODUCTIVITY PROFITABILITY REGULATORY SYSTEMS RESULT RESULTS RETAIL BANKING RISK MANAGEMENT RISK MITIGATION RSS SAFETY SAFETY STANDARDS SET OF STANDARDS SITES SOCIAL ISSUES SOURCE OF INCOME SUBSISTENCE FARMERS SUPPLIERS SUPPLY CHAIN SUPPLY CHAIN MANAGEMENT SUPPLY CHAINS SUSTAINABILITY CONCEPTS SUSTAINABLE DEVELOPMENT SUSTAINABLE GROWTH SUSTAINABLE MANAGEMENT TARGETS TOTAL COST TRACEABILITY TRADE UNIONS TRAINING CENTERS TRANSLATION UNIVERSAL BANKS USERS USES VALUE CHAIN VENTURE CAPITAL VENTURE CAPITAL FUNDS VIDEO VILLAGE VULNERABLE GROUPS WASTE DISPOSAL WEB WORKING CAPITAL WORKING CONDITIONS International Finance Corporation IFC's Sustainability Framework : From Policy Update to Implementation
description	International Finance Corporation (IFC s) sustainability framework, which articulates our commitment to sustainable development and transparency. The performance standards are a vital part of the framework and address a range of environmental and social risks and opportunities faced by the private sector. This project highlights key environmental and social issues of current and emerging importance, including climate change, business and human rights, supply chain management, and biodiversity and ecosystem services. It discusses implementation challenges in the financial as well as the non-financial sectors, and summarizes some of the lessons learned through IFC s recent review and update of its sustainability framework. This project summarizes some of the key emerging issues in sustainability, and highlights valuable lessons learned from experience in applying sustainability principles. The subsequent sections attempt to capture the results of the review and update process, from the challenges of addressing emerging issues in the performance standards to the practical application of these principles across sectors in diverse circumstances. It focuses on key themes arising from the recently completed consultation process, and then highlights challenges moving forward in implementing sustainability standards.
format	Publications & Research
author	International Finance Corporation
author_facet	International Finance Corporation
author_sort	International Finance Corporation
title	IFC's Sustainability Framework : From Policy Update to Implementation
title_short	IFC's Sustainability Framework : From Policy Update to Implementation
title_full	IFC's Sustainability Framework : From Policy Update to Implementation
title_fullStr	IFC's Sustainability Framework : From Policy Update to Implementation
title_full_unstemmed	IFC's Sustainability Framework : From Policy Update to Implementation
title_sort	ifc's sustainability framework : from policy update to implementation
publisher	Washington, DC
publishDate	2014
url	http://documents.worldbank.org/curated/en/2013/01/17462724/ifc s-sustainability-framework-policy-update-implementation-ifc s-sustainability-framework-policy-update-implementation http://hdl.handle.net/10986/16514
_version_	1764434207316115456
spelling	okr-10986-165142021-04-23T14:03:31Z IFC's Sustainability Framework : From Policy Update to Implementation International Finance Corporation ACCESS TO INFORMATION ACCOUNTING ACTION PLAN ACTION PLANS ADVISORY SERVICES ADVISORY WORK AGRICULTURAL COMMODITIES AUDITS BEST PRACTICE BEST PRACTICES BIOLOGICAL DIVERSITY BLOG BUSINESS ACTIVITIES BUSINESS ACTIVITY BUSINESS ADVISORY BUSINESS ASSOCIATIONS BUSINESS CONTINUITY BUSINESS DECISIONS BUSINESS ENVIRONMENT BUSINESS OPERATIONS BUSINESS OPPORTUNITIES BUSINESS ORGANIZATIONS BUSINESS SUCCESS BUSINESS TRANSACTIONS BUSINESSES BUYERS CARBON CASH FLOW CHILD LABOR CLIMATE CLIMATE CHANGE COMMERCIAL BANKS COMMODITIES COMMODITY COMMUNITY ACCESS COMMUNITY DEVELOPMENT COMPARATIVE ADVANTAGE COOPERATIVES CORPORATE FINANCE COST SAVINGS CREDIT POLICY CREDITS DECISION MAKING DEVELOPED COUNTRIES DEVELOPMENT BANK DEVELOPMENT BANKS DEVELOPMENT EFFECTIVENESS DEVELOPMENT FINANCE DEVELOPMENT FINANCE INSTITUTIONS DISCLOSING INFORMATION DISCLOSURE REQUIREMENTS DISCRIMINATION DISPLACEMENT DOCUMENT MANAGEMENT DRIVERS DUE DILIGENCE REQUIREMENTS ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC RECOVERY ECONOMICS ELECTRICITY EMISSIONS EMISSIONS LEVELS EMPLOYEE EMPLOYMENT ENABLING ENVIRONMENT ENERGY EFFICIENCY ENERGY USE ENVIRONMENTAL ENVIRONMENTAL DEGRADATION ENVIRONMENTAL IMPACTS ENVIRONMENTAL SUSTAINABILITY ENVIRONMENTS EQUITY FUNDS FAIR TRADE FARMER FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL INVESTMENTS FINANCIAL MARKETS FINANCIAL RISKS FINANCIAL SECTOR FORCED LABOR FORUM FOR WOMEN FRESH WATER GENDER GENDER EQUALITY GENDER ISSUES GLOBAL MARKETPLACE GLOBAL STANDARD GLOBAL STANDARDS GOOD FAITH GREATER ACCESS GREENHOUSE GASES HOUSEHOLDS HOUSING FINANCE HUMAN RIGHTS INCOME INFORMATION POLICY INNOVATION INSTITUTION INSTITUTIONAL CAPACITY INSURANCE INSURANCE COMPANIES INTERNAL PROCESSES INTERNATIONAL BANK INTERNATIONAL BEST PRACTICE INTERNATIONAL FINANCE INVESTMENT BANKS INVESTMENT DECISIONS JOB CREATION JOBS KNOWLEDGE BASE KNOWLEDGE SHARING LABOR ORGANIZATION LABOR STANDARDS LAND USE LEGAL TITLE LISTSERV MANAGEMENT SYSTEM MANAGEMENT SYSTEMS MARKET DEMANDS MATERIAL MEDIUM ENTERPRISES MICROFINANCE MICROFINANCE INSTITUTIONS MIDDLE MEN MIDDLEMEN MIGRANT WORKERS MONITORING MECHANISMS MULTINATIONALS NATURAL RESOURCES NETWORKS NEW MARKETS NEXT GENERATION OIL ONLINE DISCUSSION OPERATING COSTS OPERATING ENVIRONMENT OUTREACH PEOPLES PERFORMANCE STANDARD PERFORMANCE STANDARDS PHOTO POLICY FRAMEWORK POLITICAL INSTITUTIONS POLLUTION PORTFOLIO PRIVATE EQUITY PRIVATE SECTOR PRIVATE SECTOR BANKS PRIVATE SECTOR FIRMS PRODUCTIVITY PROFITABILITY REGULATORY SYSTEMS RESULT RESULTS RETAIL BANKING RISK MANAGEMENT RISK MITIGATION RSS SAFETY SAFETY STANDARDS SET OF STANDARDS SITES SOCIAL ISSUES SOURCE OF INCOME SUBSISTENCE FARMERS SUPPLIERS SUPPLY CHAIN SUPPLY CHAIN MANAGEMENT SUPPLY CHAINS SUSTAINABILITY CONCEPTS SUSTAINABLE DEVELOPMENT SUSTAINABLE GROWTH SUSTAINABLE MANAGEMENT TARGETS TOTAL COST TRACEABILITY TRADE UNIONS TRAINING CENTERS TRANSLATION UNIVERSAL BANKS USERS USES VALUE CHAIN VENTURE CAPITAL VENTURE CAPITAL FUNDS VIDEO VILLAGE VULNERABLE GROUPS WASTE DISPOSAL WEB WORKING CAPITAL WORKING CONDITIONS International Finance Corporation (IFC s) sustainability framework, which articulates our commitment to sustainable development and transparency. The performance standards are a vital part of the framework and address a range of environmental and social risks and opportunities faced by the private sector. This project highlights key environmental and social issues of current and emerging importance, including climate change, business and human rights, supply chain management, and biodiversity and ecosystem services. It discusses implementation challenges in the financial as well as the non-financial sectors, and summarizes some of the lessons learned through IFC s recent review and update of its sustainability framework. This project summarizes some of the key emerging issues in sustainability, and highlights valuable lessons learned from experience in applying sustainability principles. The subsequent sections attempt to capture the results of the review and update process, from the challenges of addressing emerging issues in the performance standards to the practical application of these principles across sectors in diverse circumstances. It focuses on key themes arising from the recently completed consultation process, and then highlights challenges moving forward in implementing sustainability standards. 2014-01-07T00:04:12Z 2014-01-07T00:04:12Z 2013 http://documents.worldbank.org/curated/en/2013/01/17462724/ifc s-sustainability-framework-policy-update-implementation-ifc s-sustainability-framework-policy-update-implementation http://hdl.handle.net/10986/16514 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Publications & Research Publications & Research :: Working Paper

IFC's Sustainability Framework : From Policy Update to Implementation

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