Financial Institution Sustainability for Private Equity Funds
Below are guidance notes, resources and tools to support the successfully implement of a Social and Environmental Management System (SEMS). The SEMS link provides a list of guidance documents to facilitate the initial drafting of your organization's SEMS. Specific guidance documents are also available for the various steps of the SEMS process including: categorization, social and environmental due diligence and supervision. The tools provide support for implementation of the entire SEMS process.
Social and Environmental Management Systems (SEMS)
SEMS for Private Equity Template – This document is a sample SEMS template that fund managers can customize to help structure and formalize the content of their fund's SEMS.
Environmental Officer Job description – When hiring an environmental officer to oversee the operation and management of your organization's SEMS, reference this document to get suggested qualifications and experience of an environmental officer.
Indicative Private Equity Partnership Agreement Covenants – When requiring investee companies to integrate social and environmental considerations into business operations, fund managers can reference this document which provides suggested language for including social and environmental covenants in investment agreements.
Guidance Note Categorization & Assessment - When assessing the level of social and environmental risks associated with investments, fund managers can implement project categorization procedures into investment procedures. This note provides guidance on categorization procedures to ensure that the extent of the Social and Environmental review is commensurate with the nature of risk.
SEDD Guidelines for High Risk projects- This guidance note suggests a social and environmental due diligence checklist for fund managers to review high risk projects.
SEDD Report Outline – This document provides fund managers with a suggested Social and Environmental Due Diligence report outline for medium and high risk projects.
FI SEMS Questionnaire – This is the IFC's supervision questionnaire template that must be completed by FI clients and reported to IFC on an annual basis.
Performance Standard 2 Labor Questionnaire – IFC's Performance Standard 2 Labor questionnaire can be used as a reference for fund managers that want to assess labor issues at project appraisal.
Environmental & Social Assessment Tool (ESA-gine) - This tool provides sector specific guidelines that outline the key social and environmental issues associated with various sectors and provides technical guidance to fund managers involved in the investment appraisal of industrial and other facilities. To request a CD of the ESAT tool be mailed to you, please contact fmsustainability@ifc.org.
IFC's Sustainability Training & E-learning Program (STEP)
