Moving Forward with Environmental and Social Risk Mmanagement : Findings from IFC Country Baseline Surveys

Financial institutions (FIs) face a number of risks related to the activities of their clients. The impact of climate change, resource scarcity, environmental pollution and social issues such as involuntary resettlement are just some of the factors...

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Main Author: International Finance Corporation
Format: Report
Language:English
en_US
Published: Washington, DC 2015
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2014/02/24160890/moving-forward-environmental-social-risk-management-findings-ifc-country-baseline-surveys
http://hdl.handle.net/10986/21719
id okr-10986-21719
recordtype oai_dc
spelling okr-10986-217192021-04-23T14:04:04Z Moving Forward with Environmental and Social Risk Mmanagement : Findings from IFC Country Baseline Surveys International Finance Corporation ACCESS TO INFORMATION ADVISORY SERVICES AFFILIATES BANK MANAGEMENT BANKING ASSOCIATIONS BANKING REGULATION BANKING SECTOR BARRIER BUSINESS ACTIVITIES BUSINESS CASE BUSINESS OPPORTUNITIES CAPACITY BUILDING CAPACITY DEVELOPMENT CENTRAL BANK CENTRAL BANKS COMMERCIAL BANKS CORPORATE GOVERNANCE CREDIT APPLICATION CREDIT DECISION CREDIT POLICY CREDIT PORTFOLIO CREDIT RISK CREDIT UNIONS DEVELOPMENT BANKING DEVELOPMENT FINANCE DEVELOPMENT FINANCE COMPANY DEVELOPMENT FINANCE INSTITUTIONS DEVELOPMENT INSTITUTIONS DRIVERS DUE DILIGENCE ECONOMIC COOPERATION ECONOMIC EMPOWERMENT EMERGING MARKETS ENVIRONMENTAL PROTECTION ENVIRONMENTAL RISK EQUATOR PRINCIPLES EXCLUSION FINANCE COMPANIES FINANCE CORPORATION FINANCIAL ASSETS FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL LEASING FINANCIAL PERFORMANCE FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SECTORS FINANCIAL SYSTEM FUNDING SOURCES HUMAN RIGHTS INTERNATIONAL BANKS INTERNATIONAL FINANCE INTERNATIONAL LAW INVESTOR RELATIONS LAW ENFORCEMENT LAWS LEGISLATION LOAN LOAN PERFORMANCE LOAN PORTFOLIO LOAN PORTFOLIO QUALITY LOCAL BANKS MANDATES MARKET PLAYERS MARKET VALUATION NEW BUSINESS POLLUTION PORTFOLIOS POSTAL SAVINGS PRIVATE BANKS PUBLIC BANKS REGULATOR REGULATORS REGULATORY BODIES REGULATORY BODY REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REPAYMENT REPUTATION RESPONSIBLE INVESTMENT RISK MANAGEMENT RURAL CREDIT SAFETY SAVINGS SAVINGS BANK SECURITIES SHAREHOLDER SOCIAL ISSUES SOCIAL RESPONSIBILITY SOCIAL RISK SOCIAL RISK MANAGEMENT STATE BANK SUBSIDIARY SUSTAINABLE BANKING SUSTAINABLE DEVELOPMENT SUSTAINABLE INVESTMENTS Financial institutions (FIs) face a number of risks related to the activities of their clients. The impact of climate change, resource scarcity, environmental pollution and social issues such as involuntary resettlement are just some of the factors that might increase the risk incurred by FIs extending credit to clients. The potential impact can be substantial: FIs may face increased credit risk, reputational risk, or liability risk. In this context, IFC has observed a growing interest in Environmental and Social Risk Management (ESRM) from the financial sector in emerging markets. Furthermore, FIs are increasingly aware of the opportunities of environmentally and socially sustainable banking. To provide an overview of the current state of ESRM, IFC has conducted a series of baseline surveys in Africa, Asia and Latin America. This paper provides a summary of the main findings of these market surveys and insights into the current practices of ESRM in emerging markets. In this paper, the scope of the baseline surveys will be presented, followed by a detailed analysis of the survey results and a summary of the main survey findings. The last section of the paper provides an overview of current ESRM guidance1 in the survey countries. 2015-04-09T21:33:15Z 2015-04-09T21:33:15Z 2014-02-27 Report http://documents.worldbank.org/curated/en/2014/02/24160890/moving-forward-environmental-social-risk-management-findings-ifc-country-baseline-surveys http://hdl.handle.net/10986/21719 English en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank Washington, DC Publications & Research Publications & Research :: Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO INFORMATION
ADVISORY SERVICES
AFFILIATES
BANK MANAGEMENT
BANKING ASSOCIATIONS
BANKING REGULATION
BANKING SECTOR
BARRIER
BUSINESS ACTIVITIES
BUSINESS CASE
BUSINESS OPPORTUNITIES
CAPACITY BUILDING
CAPACITY DEVELOPMENT
CENTRAL BANK
CENTRAL BANKS
COMMERCIAL BANKS
CORPORATE GOVERNANCE
CREDIT APPLICATION
CREDIT DECISION
CREDIT POLICY
CREDIT PORTFOLIO
CREDIT RISK
CREDIT UNIONS
DEVELOPMENT BANKING
DEVELOPMENT FINANCE
DEVELOPMENT FINANCE COMPANY
DEVELOPMENT FINANCE INSTITUTIONS
DEVELOPMENT INSTITUTIONS
DRIVERS
DUE DILIGENCE
ECONOMIC COOPERATION
ECONOMIC EMPOWERMENT
EMERGING MARKETS
ENVIRONMENTAL PROTECTION
ENVIRONMENTAL RISK
EQUATOR PRINCIPLES
EXCLUSION
FINANCE COMPANIES
FINANCE CORPORATION
FINANCIAL ASSETS
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL LEASING
FINANCIAL PERFORMANCE
FINANCIAL RESOURCES
FINANCIAL SECTOR
FINANCIAL SECTORS
FINANCIAL SYSTEM
FUNDING SOURCES
HUMAN RIGHTS
INTERNATIONAL BANKS
INTERNATIONAL FINANCE
INTERNATIONAL LAW
INVESTOR RELATIONS
LAW ENFORCEMENT
LAWS
LEGISLATION
LOAN
LOAN PERFORMANCE
LOAN PORTFOLIO
LOAN PORTFOLIO QUALITY
LOCAL BANKS
MANDATES
MARKET PLAYERS
MARKET VALUATION
NEW BUSINESS
POLLUTION
PORTFOLIOS
POSTAL SAVINGS
PRIVATE BANKS
PUBLIC BANKS
REGULATOR
REGULATORS
REGULATORY BODIES
REGULATORY BODY
REGULATORY ENVIRONMENT
REGULATORY FRAMEWORK
REPAYMENT
REPUTATION
RESPONSIBLE INVESTMENT
RISK MANAGEMENT
RURAL CREDIT
SAFETY
SAVINGS
SAVINGS BANK
SECURITIES
SHAREHOLDER
SOCIAL ISSUES
SOCIAL RESPONSIBILITY
SOCIAL RISK
SOCIAL RISK MANAGEMENT
STATE BANK
SUBSIDIARY
SUSTAINABLE BANKING
SUSTAINABLE DEVELOPMENT
SUSTAINABLE INVESTMENTS
spellingShingle ACCESS TO INFORMATION
ADVISORY SERVICES
AFFILIATES
BANK MANAGEMENT
BANKING ASSOCIATIONS
BANKING REGULATION
BANKING SECTOR
BARRIER
BUSINESS ACTIVITIES
BUSINESS CASE
BUSINESS OPPORTUNITIES
CAPACITY BUILDING
CAPACITY DEVELOPMENT
CENTRAL BANK
CENTRAL BANKS
COMMERCIAL BANKS
CORPORATE GOVERNANCE
CREDIT APPLICATION
CREDIT DECISION
CREDIT POLICY
CREDIT PORTFOLIO
CREDIT RISK
CREDIT UNIONS
DEVELOPMENT BANKING
DEVELOPMENT FINANCE
DEVELOPMENT FINANCE COMPANY
DEVELOPMENT FINANCE INSTITUTIONS
DEVELOPMENT INSTITUTIONS
DRIVERS
DUE DILIGENCE
ECONOMIC COOPERATION
ECONOMIC EMPOWERMENT
EMERGING MARKETS
ENVIRONMENTAL PROTECTION
ENVIRONMENTAL RISK
EQUATOR PRINCIPLES
EXCLUSION
FINANCE COMPANIES
FINANCE CORPORATION
FINANCIAL ASSETS
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL LEASING
FINANCIAL PERFORMANCE
FINANCIAL RESOURCES
FINANCIAL SECTOR
FINANCIAL SECTORS
FINANCIAL SYSTEM
FUNDING SOURCES
HUMAN RIGHTS
INTERNATIONAL BANKS
INTERNATIONAL FINANCE
INTERNATIONAL LAW
INVESTOR RELATIONS
LAW ENFORCEMENT
LAWS
LEGISLATION
LOAN
LOAN PERFORMANCE
LOAN PORTFOLIO
LOAN PORTFOLIO QUALITY
LOCAL BANKS
MANDATES
MARKET PLAYERS
MARKET VALUATION
NEW BUSINESS
POLLUTION
PORTFOLIOS
POSTAL SAVINGS
PRIVATE BANKS
PUBLIC BANKS
REGULATOR
REGULATORS
REGULATORY BODIES
REGULATORY BODY
REGULATORY ENVIRONMENT
REGULATORY FRAMEWORK
REPAYMENT
REPUTATION
RESPONSIBLE INVESTMENT
RISK MANAGEMENT
RURAL CREDIT
SAFETY
SAVINGS
SAVINGS BANK
SECURITIES
SHAREHOLDER
SOCIAL ISSUES
SOCIAL RESPONSIBILITY
SOCIAL RISK
SOCIAL RISK MANAGEMENT
STATE BANK
SUBSIDIARY
SUSTAINABLE BANKING
SUSTAINABLE DEVELOPMENT
SUSTAINABLE INVESTMENTS
International Finance Corporation
Moving Forward with Environmental and Social Risk Mmanagement : Findings from IFC Country Baseline Surveys
description Financial institutions (FIs) face a number of risks related to the activities of their clients. The impact of climate change, resource scarcity, environmental pollution and social issues such as involuntary resettlement are just some of the factors that might increase the risk incurred by FIs extending credit to clients. The potential impact can be substantial: FIs may face increased credit risk, reputational risk, or liability risk. In this context, IFC has observed a growing interest in Environmental and Social Risk Management (ESRM) from the financial sector in emerging markets. Furthermore, FIs are increasingly aware of the opportunities of environmentally and socially sustainable banking. To provide an overview of the current state of ESRM, IFC has conducted a series of baseline surveys in Africa, Asia and Latin America. This paper provides a summary of the main findings of these market surveys and insights into the current practices of ESRM in emerging markets. In this paper, the scope of the baseline surveys will be presented, followed by a detailed analysis of the survey results and a summary of the main survey findings. The last section of the paper provides an overview of current ESRM guidance1 in the survey countries.
format Report
author International Finance Corporation
author_facet International Finance Corporation
author_sort International Finance Corporation
title Moving Forward with Environmental and Social Risk Mmanagement : Findings from IFC Country Baseline Surveys
title_short Moving Forward with Environmental and Social Risk Mmanagement : Findings from IFC Country Baseline Surveys
title_full Moving Forward with Environmental and Social Risk Mmanagement : Findings from IFC Country Baseline Surveys
title_fullStr Moving Forward with Environmental and Social Risk Mmanagement : Findings from IFC Country Baseline Surveys
title_full_unstemmed Moving Forward with Environmental and Social Risk Mmanagement : Findings from IFC Country Baseline Surveys
title_sort moving forward with environmental and social risk mmanagement : findings from ifc country baseline surveys
publisher Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2014/02/24160890/moving-forward-environmental-social-risk-management-findings-ifc-country-baseline-surveys
http://hdl.handle.net/10986/21719
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