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Throughout implementation and subsequent operation of the ESMS, the ESMS should be reviewed periodically to ensure that its procedures remain relevant to the level of environmental and social risk associated with the financial institution’s portfolio. This will ensure that new and emerging environmental and social risks are detected and identified during the environmental and social due diligence process.

Any potential difficulties and opportunities for improvement should be identified by staff and addressed in a timely manner by the ESMS Officer and concerned staff to ensure a smooth implementation and efficient operation.

The operations manual for the ESMS should be updated regularly to reflect any changes and new requirements in the environmental and social regulations and/or international best practices that affect the business operations of a financial institution’s clients/investees.


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