Overview of IFC Performance Standard 8

September 14, 2022

The IFC Sustainability Framework articulates IFC's strategic commitment to sustainable development and is an integral part of our approach to risk management. It promotes sound environmental and social E&S practices, encourages transparency and accountability, and contributes to positive development impacts. IFC’s Performance Standards, which are part of the Sustainability Framework, have become globally recognized as a benchmark for environmental and social risk management in the private sector.

Presented by IFC’s Environmental, Social, and Corporate Governance (ESG) specialists, this 75-minute webinar will provide a high-level overview of Performance Standard 8 (PS8). Cultural heritage encompasses properties and sites of archaeological, historical, cultural, artistic, and religious significance. It also refers to unique environmental features and cultural knowledge, as well as intangible forms of culture embodying traditional lifestyles that should be preserved for current and future generations. PS8 aims to guide companies in protecting cultural heritage from adverse impacts of project activities and supporting its preservation. It also promotes the equitable sharing of benefits from the use of cultural heritage.


About the Presenters:

Sofie Michaelsen

Principal Social Development Specialist
International Finance Corporation


Elena Chuzhakova

Senior Environmental Specialist
International Finance Corporation


Graham Charles Jacobs

International Finance Corporation



This webinar is intended solely to provide information to the public.  

This webinar and any related materials are a product of the staff of the International Finance Corporation (IFC) and external participants in the webinar. The views and opinions expressed as part of this webinar do not necessarily state or reflect those of IFC. IFC does not guarantee the accuracy, reliability or completeness of the content included in this webinar, or for the conclusions or judgments described in this webinar, and accepts no responsibility or liability for any omissions or errors in the content whatsoever or for reliance thereon.

This webinar should not be reproduced or distributed without IFC’s prior consent.