Financial Institutions & Project Investors

 

Our country is developing at a rapid pace. Country development and projects go hand in hand. Our Prime Minister also articulated his flagship slogan “Make in India” to give impetus in the development activity which our country desperately needs. Any development project needs substantial investment. This investment can come from domestic as well as international banks & financial institutions. The investors would definitely assess the viability of the development project in terms of environmental, health & safety and social risks & their subsequent impacts on environment, workforce & community at large which will eventually culminate to their investment risk. The investors would always look for a safer place to invest devoid of any such risk which may confiscate their assets.

Organisation avails an investment for expansion of existing project or opting for a Greenfield project need to assess the potential environmental & social risks and their impacts on the stakeholders by an independent third party. The assessment is conducted against some global guidelines and standards adopted by the financial institutions and development agencies e.g. International Finance Corporations (IFC) Performance Standards (PS), world bank EHS guidelines, the Equator Principles (EP), other relevant industry sector specific and country requirements. Our role comes right at this stage as an Independent consultant who would assess the project sites and provide assurance to the investors about their investment being safe.

 

Services we offer in this area

Annual Environmental and Social Performance Reporting (AESPR)

 

The Annual Environmental and Social Performance Reporting (AESPR) is an all encompassing substantial report covering the overall environmental, social, Occupational Health and Safety (OHS) and legal risks of the project. The report also contains recommendations about the mitigation measures against the various risks identified.

The investment risk of any investor is assessed by this study.

They study provides a minimum standard for due diligence to support responsible risk decision-making. They are based on the International Finance Corporation (IFC) Performance Standards (PS) on social and environmental sustainability and on the World Bank Group’s Environmental, Health, and Safety Guidelines (EHS Guidelines).

 

What we Offer

 

• Environmental, Social, OHS risk/impact assessment
• Annual Environmental and Social Performance Reporting (AESPR)
• Training

 

Benefits

 

• Proper identification of project risks by an independent third party to have a clear idea about the future of the project
• Compliance to the requirements of the lenders/investors and thereby strengthening the prospects of getting future investments.
• Independent expert advice on technical matters related to various processes
• Improved understanding of the risks, as well as risk mitigating actions
• Different advisory services from a single source reducing the search cost.

 

Project Due Diligence Reporting

 

We provide project due diligence study based on various available frameworks. The Equator Principles (EPs) is one such credit risk management framework for determining, assessing and managing environmental & social risk in project finance transactions. The investment risk of any investor is assessed by this study.

The study provides a minimum standard for due diligence to support responsible risk decision-making. They are based on the International Finance Corporation (IFC) Performance Standards (PS) on social and environmental sustainability and on the World Bank Group’s Environmental, Health, and Safety Guidelines (EHS Guidelines).

We also act as an ‘Independent Environmental and Social Monitoring Consultant’ (IESMC) for preparing the Annual Environmental and Social Performance Report (AESPR) for various organisations who receive investment from various financial institutions.

The AESPR is an all encompassing substantial report covering the overall environmental, social, Occupational Health and Safety (OHS) and legal risks of the project. The report also contains recommendations about the mitigation measures against the various risks identified.

 

What we Offer

 

• Independent review based on Equator Principles and other frameworks
• Independent monitoring and Periodic Compliance Report (PCR)
• Annual Environmental and Social Performance Reporting (AESPR)
• Training

 

Benefits

 

• Proper identification of project risks by an independent third party to have a clear idea about the future of the project
• Compliance to the requirements of the lendors/investors and thereby strengthening the prospects of getting future investments
• Independent expert advice on technical matters related to various processes
• Improved understanding of the risks as well as risk mitigating actions
• Different advisory services from a single source reducing the search cost

 

Equator Principles Based Reporting

 

The Equator Principles are a credit risk management framework of the global financial industry for determining, assessing and managing social & environmental risk in project financing.

Project financing, a method of funding in which the lender looks primarily to the revenues generated by a single project both as the source of repayment and as security for the exposure, plays an important role in financing development throughout the world. Project financiers may encounter social & environmental issues that are both complex and challenging, particularly with respect to projects in the emerging markets.

The investment risk of any investor is assessed by this study.

They study provides a minimum standard for due diligence to support responsible risk decision-making. They are based on the International Finance Corporation (IFC) Performance Standards (PS) on social and environmental sustainability and on the World Bank Group’s Environmental, Health, and Safety Guidelines (EHS Guidelines).

 

What we Offer

 

Equator Principle is based on
• Independent review
• Social and Environmental Assessment (SEA)
• Independent Monitoring and Periodic Compliance Report (PCR)
• Training

 

Benefits

 

• Proper identification of project risks by an independent third party to have a clear idea about the future of the project
• Compliance to the requirements of the lenders/investors and thereby strengthening the prospects of getting future investments
• Independent expert advice on technical matters related to various processes
• Improved understanding of the risks, as well as risk mitigating actions
• Different advisory services from a single source reducing the search cost

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