As part of IFC’s annual reporting requirements, Leasing Companies are required to provide information on:
- Portfolio breakdown by leasing assets: Equipment, real estate, machinery, furniture and other (as applicable).
- Portfolio breakdown by lessee (client) industry sector.
- Project description for largest leasing clients: Leasing amount and tenor.
- Implementation of the Environmental and Social Management System:
- Status of policies and processes to ensure compliance with the IFC Exclusion List and applicable environmental and social regulations; and
- Monitoring the environmental and social performance of commercial clients including use of the leased asset.
- Sustainable finance: Investments in projects with environmental and social benefits such as management systems, energy efficiency, renewable energy, cleaner production, pollution management, supply chain greening, corporate social responsibility, and community development.
IFC reviews the Annual Environmental Performance Report (AEPR) and follows up with the financial institution to provide clarification on applicable IFC environmental and social performance requirements, discuss how to improve its environmental and social performance and the ESMS and identify any value-added environmental business opportunities.
