IFC has created this guidebook as part of a broader effort to raise awareness of ESG issues among companies and investors in developing markets. Managing ESG issues well is increasingly viewed as vital to move beyond short-term profitability.
This guidebook and IFC’s efforts to promote integrated ESG approaches are aligned with IFC 3.0—a new corporate strategy focused on creating markets and mobilizing private capital, especially in low-income countries and fragile and conflict situations (FCS).