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IFC

PRI reporting framework 2019

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Post-investment (monitoring)

PE 09. Proportion of companies monitored on their ESG performance

09.1. Indicate whether your organisation incorporates ESG issues in investment monitoring of portfolio companies.

09.2. Indicate the proportion of portfolio companies where your organisation included ESG performance in investment monitoring during the reporting year.

 (in terms of total number of portfolio companies)

09.3. Indicate ESG issues for which your organisation typically sets and monitors targets (KPIs or similar) and provide examples per issue.

ESG issues

List up to three example targets of environmental issues

Example 1

          Assessment and Management of Environmental and Social Risks and Impacts
        

Example 2 (optional)

          Resource Efficiency and Pollution Prevention
        

Example 3 (optional)

          Biodiversity Conservation and Sustainable Management of Living Natural Resources
        

List up to three example targets of social issues

Example 1

          Labor and Working Conditions
        

Example 2 (optional)

          Community Health, Safety, and Security
        

Example 3 (optional)

          Land Acquisition and Involuntary Ressetlement
        

List up to three example targets of governance issues

Example 1

          Client's financial disclosures are relevant, faithful, and timely representations of its economic transitions and resources.
        

Example 2 (optional)

          Role and functioning of client's board of directors.
        

Example 3 (optional)

          Ability of family business to formalize structures and survive generational change.
        

09.4. Additional information. [Optional]

Please refer to to IFC's Performance Standards and Corporate Governance methodology as follows:

Performance Standards:

http://www.ifc.org/wps/wcm/connect/topics_ext_content/ifc_external_corporate_site/ifc+sustainability/our+approach/risk+management/performance+standards/environmental+and+social+performance+standards+and+guidance+notes

Environmental and Social Review Procedures (ESRP) Manual:

http://www.ifc.org/wps/wcm/connect/topics_ext_content/ifc_external_corporate_site/ifc+sustainability/our+approach/risk+management/environmental+and+social+review+procedure+manual

Corporate Governance methodology:

http://www.ifc.org/wps/wcm/connect/Topics_Ext_Content/IFC_External_Corporate_Site/Corporate+Governance/Investments/Methodology/

In relation to Governance targets, IFC seeks to analyze if any of five key Corporate Governance risks exist in the client company and recommend relevant mitigating factors.  In addition to the three risks mentioned above the other two risks are:

Risk 4: The Company's financial disclosures are not relevant, faithful, and timely representation of its economic transactions and resources.

Risk 5: The Company's minority shareholders' rights are inadequate or abused.


PE 10. Proportion of portfolio companies with sustainability policy

10.1. Indicate if your organisation tracks the proportion of your portfolio companies that have an ESG/sustainability-related policy (or similar guidelines).

10.2. Indicate what percentage of your portfolio companies has an ESG/sustainability policy (or similar guidelines).

(in terms of total number of portfolio companies)

10.3. Additional information. [Optional]

Please see IFC's Environmental and Social Review procedures Manaual:

http://www.ifc.org/wps/wcm/connect/topics_ext_content/ifc_external_corporate_site/ifc+sustainability/our+approach/risk+management/environmental+and+social+review+procedure+manual

and specifically, Performance Standard 1 and Guidance Note 1 - Assessment and Management of Environmental and Social Risks and Impacts

http://www.ifc.org/wps/wcm/connect/3be1a68049a78dc8b7e4f7a8c6a8312a/PS1_English_2012.pdf?MOD=AJPERES

http://www.ifc.org/wps/wcm/connect/b29a4600498009cfa7fcf7336b93d75f/Updated_GN1-2012.pdf?MOD=AJPERES


PE 11. Actions taken by portfolio companies to incorporate ESG issues into operations (Private)


PE 12. Type and frequency of reports received from portfolio companies (Private)


PE 13. Disclosure of ESG issues in pre-exit (Private)


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