IFC plays a critical role in helping to raise standards for sustainability-driven business.
IFC’s approach to sustainability is governed by IFC’s Sustainability Framework and our Corporate Governance methodology. They are designed to help IFC’s clients improve their business performance, enhance transparency, engage with the people affected by the projects IFC finances, protect the environment, and achieve greater development impact.
The Performance Standards have had a major positive impact on raising standards among private sector companies in the developing world. In the last decade alone, IFC estimates that investments totaling $4.5 trillion across emerging markets have adhered to IFC’s Performance Standards or principles inspired by them. We use our Corporate Governance Methodology to help companies operate more efficiently, improve access to capital, mitigate risk, and safeguard against mismanagement.
Environmental, Health, and Safety Guidelines
The World Bank Group Environmental, Health, and Safety Guidelines (EHS Guidelines) are technical reference documents of Good International Industry Practice (GIIP). They are comprised of the General Environmental, Health, and Safety (EHS) Guidelines and Industry-Sector EHS Guidelines.
Corporate Governance Methodology
The Methodology provides an approach to evaluate and improve a company’s governance, including environmental and risk management.