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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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 |
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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 |
_version_ |
1764449043396689920 |