What is IFC PS6?
International Finance Corporation (IFC) Performance Standard 6 (PS6) represents international best practice for biodiversity management. We work closely with IFC and other lenders, advising on the design of their policies and standards, and helping assess project alignment.
What are the IFC Performance Standards?
The IFC Performance Standards are an international benchmark for identifying and managing environmental and social risk and has been adopted by many organizations as a key component of their environmental and social risk management.
Who uses the IFC Performance Standards?
used by a variety of financial institutions, investors, insurers, and owner/operators, each user should separately specify the business activities to which this Performance Standard should apply. 5.
Who is IFC framework?
IFC’s Sustainability Framework is designed to help our clients avoid and mitigate adverse impacts and manage risk as a way of doing business sustainably. It improves transparency, helps engage with the people who are affected by the projects we finance, and broadens our development impact.
What is critical habitat assessment?
Critical Habitat Assessment or “CHA” means a concept constructed by the International Finance Corporation (IFC) within Performance Standard 6 (PS6) and by the European Bank for Reconstruction (EBRD) and Development within Performance Requirement 6 (PR6) in order to facilitate the identification of areas of high …
What is meant by critical habitat?
Critical habitat is defined as: Specific areas within the geographical area occupied by the species at the time of listing that contain physical or biological features essential to conservation of the species and that may require special management considerations or protection; and.
What are the four different types of performance standards?
The company’s four types of performance standards include; quality, input, efficiency, and outcome. Input performance evaluates the resources used to create a product or a service.
Why is sustainability framework important?
Sustainability framework ( SF ) is the most important document for your sustainability strategy or an ESG profile. It defines your vision and strategy, your sustainability goals and objectives, their alignment with Sustainable Development Goals and your key performance indicators (KPIs).
Which animal is critically endangered?
Species Directory
Common name | Scientific name | Conservation status ↓ |
---|---|---|
Amur Leopard | Panthera pardus orientalis | Critically Endangered |
Black Rhino | Diceros bicornis | Critically Endangered |
Bornean Orangutan | Pongo pygmaeus | Critically Endangered |
Cross River Gorilla | Gorilla gorilla diehli | Critically Endangered |
What types of activities can and Cannot happen in critical habitat?
Critical habitat does not prevent all development or other activities that occur in a designated area. Only activities that involve a federal permit, license, or funding, and are likely to destroy or adversely modify critical habitat will be affected.