According to the level of potential environmental and social risk in its portfolio, a financial institution engaged in business with
the IFC may be required to:
- Establish and maintain a ESMS;
- Designate an ESMS Officer;
- Report annually to IFC; and
- Comply with IFC’s labor policies
IFC also identifies potential opportunities to help the financial institution client enhance positive environmental and social outcomes, including access to IFC’s Financial Markets Sustainability products and IFC’s advisory services.
