In a time of climate change, resource scarcities, and rising social pressures, businesses face a growing need for a stronger approach to environmental, social, and governance issues.
IFC believes that doing business sustainably drives positive development outcomes. Through our Sustainability Framework, our Corporate Governance Development Framework, and our advice to clients, we help to find opportunities for growth and innovation. We help them adopt sound environmental, social, and corporate governance practices and manage risks. In doing so, we broaden our development impact and encourage transparency and accountability.
This work is an integral part of IFC’s approach to risk management, and it underscores our strategic commitment to sustainable development. Our standards enable us to manage risk across a broad range of industry sectors. They help our clients anticipate emerging challenges to sustainability. And they provide a global platform for IFC to share knowledge and build partnerships for sustainability.