Interpretation Note on Small and Medium Enterprises and Environmental and Social Risk Management

15 pages | © January 2012 IFC (last updated April 2017) | Complimentary

Interpretation Note on Financial IntermediariesThe Interpretation Note on Financial Intermediaries (FIs) clarifies how IFC's Policy on Environmental and Social (E&S) Sustainability (Sustainability Policy) applies to FIs; explains how IFC's E&S requirements that flow from the Sustainability Policy and Performance Standards apply to the activities and operations of FIs; guides FIs in making necessary adjustments and enhancements in their operations to help them meet these requirements; and provides guidance to FI clients on reporting to IFC.

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