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PRI reporting framework 2019

You are in Direct - Infrastructure » Post-investment (monitoring and active ownership) » Overview


INF 11. ESG issues in post-investment activities

11.1. Indicate whether your organisation and/or operators consider ESG issues in post-investment activities relating to your infrastructure assets.

11.2. Indicate how your organisation, and/or operators, considers ESG issues in the following post-investment activities relating to your infrastructure assets.

          Raw material supply origin, supervision of construction process, transparent dialogue with community and key stakeholders.

11.3. Describe how your organisation, and/or operators, considers ESG issues in post-investment activities related to your infrastructure investments. [Optional]

Non-contaminated biomass sourced from inside the EU. Any other biomass type needs to be explicitly accepted.

Additionally, any scheme greater than 1 MWth installed fuel input capacity complies with the following conditions:

Biomass sourcing is subject to a transparent and credible chain of custody.
Provision of expert studies that proof sustainability and availability of the required biomass.
Compliance with the following sustainability criteria;

1.   The project shall be based on biomass from forests that are certified by internationally accredited forest certification systems, such as FSC and PEFC. The sourcing areas that are not yet certified, must comply with the same standards so as to be certifiable.

2.   The project shall exclude sourcing of biomass from areas with conversion or logging of natural forest

3.   The project shall exclude sourcing of biomass from primary moist and tropical forests.

4.   Sourcing of biomass shall comply with the EU Forest Law Enforcement Governance and Trade (FLEGT) Regulation.

5.   Any biomass used must not compete with the food or animal feed market. Combustion of protein-based co-products from agricultural processing shall only be allowed in exceptional situations of local market oversupply, characterized by low prices.

6.   Oil palm derived products must only come from plantations which already existed in the year 1994 or before.

7.   Any biomass project must demonstrate a life-cycle contribution to CO2 savings.

Eligible conversion technologies:

Combustion of solid biomass or anaerobic digestion of wet biomass. Any other conversion technology (including biomass co-firing with coal, liquid biofuel use) needs to be accepted by Bank services on a case-by-case basis.
Biomass cogeneration plants and heat-only plants (biomass power plants with no or insignificant export of useful heat are not eligible).

Biomass schemes above 50 MWth thermal input capacity shall comply with the Best-Available Technique standards for large combustion plants (LCBREF) as referred to in the Industrial Emissions Directive 2010/75/EU, even if located outside the EU, as well as comply with ambient air quality limits as specified in the EU Air Quality Directive (2008/50/EC).

Only IEC-Type certified wind turbines

The wind measurement campaign should meet the following minimum requirements:

Measured data covering at least one full year from at least one meteorological mast at the wind farm site.
Met masts shall be located no further than 3km from the furthest turbines.
An anemometer installed higher than 2/3 of the expected hub height of the proposed turbine. Other on-site complementary measurement methods can be considered, subject to further analysis.
The design and implementation of the meteorological mast(s) and mounting of the measuring equipment must follow standards (i.e. IEC, IEA or Measnet) 

Long term data must be available for at least a ten-year-period, with acceptable correlation.

Power generation projects with GHG emissions of more than  550 gCO2 equivalent per kWh-e shall be excluded.