2020

The Equator Principles are a financial industry framework for determining, assessing and managing environmental and social risk in project finance

Use this resource for the following Actions of Impact Management:

• Identify: Understand potential environmental and social risks/impacts, including those related to human rights, climate change and biodiversity.
• Measure, assess and value: Conduct an appropriate assessment process to address the relevant environmental and social risks, as well as the scale of the potential impacts, of the proposed project.
• Implement: Prepare an Environmental and Social Management Plan (ESMP) to address any issues raised in the assessment process, and to incorporate the steps required to comply with the applicable standards.

Under construction

Use this resource to:

• Under construction

Under construction

Use this resource to:

• Under construction

Under construction

Use this resource to:

• Under construction

The IFVI (Integrated Financial and Value Impact) Accounting Methodologies are a set of accounting methodologies developed to integrate financial and non-financial value creation into corporate reporting. These methodologies provide guidance on how to measure, assess, and report on the impacts of business activities on environmental, social, and economic dimensions, alongside traditional financial metrics.

The IFVI Accounting Methologies are building on exising work carried out by the Impact Weighted Accounts Initiative (IWAI).

Use this resource for the following Actions of Impact Management:

• Measure, assess and value: Value impacts on people and the natural environment in order to inform prioritisation and decision-making processes, as well as communicate impacts in impact account statements.

IFRS S2 is a disclosure standard for entities to communicate information about their climate-related risks and opportunities that could reasonably be expected to affect the entity’s cash flows, access to finance, or cost of capital over the short-, medium- or long-term.

Use this resource for the following Actions of Impact Management:

• Communicate: Disclose information related to: a) the governance processes, controls and procedures that the entity uses to monitor, manage and oversee climate-related risks and opportunities; b) the strategy for managing climate-related risks and opportunities; c) the processes used to identify, assess, prioritise and monitor climate-related risks and opportunities (including whether and how those processes are integrated into and inform overall risk management process); and d) performance in relation to its climate-related risks and opportunities, including progress towards any climate-related targets it has set, and any targets it is required to meet by law or regulation.

IFRS S1 is a disclosure standard for entities to communicate information on its sustainability-related risks and opportunities, which is useful to users of general purpose financial reports in making decisions relating to providing resources to the entity.

Use this resource for the following Actions of Impact Management:

• Communicate: Disclose information on all sustainability-related risks and opportunities, setting out how an entity prepares and reports its sustainability-related financial disclosures. The standard sets out general requirements for the content and presentation of those disclosures (in particular, on governance processes, strategy, identification and assessment of sustainability-related risks and opportunities, and progress towards targets).

The ISO Standards for validation, verification and assurance specify general principles and requirements for the validation and verification process of sustainability information, including reporting on environmental, social, governance (ESG) and other sustainability aspects. It also provides general principles and requirements for determining the categorisation of quantitative and qualitative information.

ISO’s 31000 risk management standards cover all types of risk and are applicable to all organisations regardless of their type, size, activities and location. It is intended for use by anyone who manages risks, rather than solely professional risk managers.

ISO’s pathway and transition standards support users in tackling climate change at a strategic, governmental and organisational level, through to tactical applications at the project and product levels. These standards in the ISO 1406x series provide the tools for organisations to develop programmes that can control and eliminate GHG emissions. They focus on integrating organisational adaptation plans by illustrating the impacts and uncertainties of climate change and how they can inform decision-making.