Resource information
International Finance Corporation
(IFC s) sustainability framework, which articulates our
commitment to sustainable development and transparency. The
performance standards are a vital part of the framework and
address a range of environmental and social risks and
opportunities faced by the private sector. This project
highlights key environmental and social issues of current
and emerging importance, including climate change, business
and human rights, supply chain management, and biodiversity
and ecosystem services. It discusses implementation
challenges in the financial as well as the non-financial
sectors, and summarizes some of the lessons learned through
IFC s recent review and update of its sustainability
framework. This project summarizes some of the key emerging
issues in sustainability, and highlights valuable lessons
learned from experience in applying sustainability
principles. The subsequent sections attempt to capture the
results of the review and update process, from the
challenges of addressing emerging issues in the performance
standards to the practical application of these principles
across sectors in diverse circumstances. It focuses on key
themes arising from the recently completed consultation
process, and then highlights challenges moving forward in
implementing sustainability standards.
