As part of Performance Standard 1: Assessment and Management of Environmental and Social Risks and Impacts (2012), IFC requires investment clients to have a sustainability policy as part of clients' overall environmental and social management system. For its part, IFC also has a Sustainability Policy. First implemented in 2006, the Policy was revised in 2012.
Earlier versions of IFC's environmental and social policies, procedures, and standards are provided as reference material only. Note that in case of discrepancies between the original English text and the translated documents, the English text will prevail.
Pre-2006 Safeguard Policies
The Safeguard Policies were replaced by the Policy on Social and Environmental Sustainability and the Performance Standards in April 30, 2006. This link to the Pre-2006 Safeguard Policies is provided for reference only.
Originally adopted in 2006, IFC's Sustainability Framework was updated in 2012 following an 18-month consultation process with stakeholders around the world. Launched on September 8, 2009, the intention of this review and update was to learn from the experiences of implementation of the Performance Standards and to adapt them as necessary to reﬂect the evolution in good practice for sustainability and risk mitigation over the preceding years.