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IFC

PRI reporting framework 2019

You are in Strategy and Governance » Investment policy

Investment policy

SG 01. RI policy and coverage

New selection options have been added to this indicator. Please review your prefilled responses carefully.

01.1. Indicate if you have an investment policy that covers your responsible investment approach.

01.2. Indicate the components/types and coverage of your policy.

Select all that apply

Policy components/types

Coverage by AUM

01.3. Indicate if the investment policy covers any of the following

01.4. Describe your organisation’s investment principles and overall investment strategy, interpretation of fiduciary (or equivalent) duties,and how they consider ESG factors and real economy impact.

Sound risk management plays a crucial role in ensuring IFC's ability to fulfill our development mandate. The very nature of IFC's business, as a long-term investor in dynamic yet volatile emerging markets, exposes us to financial and operational risks. Prudent risk management and a solid capital position enable us to preserve our financial strength and play a countercyclical role during times of economic and financial turmoil. In addition, IFC's financial strength results in low borrowing costs, allowing us to provide affordable financing to our clients.

IFC's Sustainability Framework articulates IFC's strategic commitment to sustainable development and is an integral part of our approach to risk management. Our Sustainability Framework promotes sound environmental and social practices, encourages transparency and accountability, and contributes to positive development impacts. IFC's Performance Standards, which are part of the Sustainability Framework, have become globally recognized as a benchmark for environmental and social risk management in the private sector.

01.5. Provide a brief description of the key elements, any variations or exceptions to your investment policy that covers your responsible investment approach. [Optional]

01.6. Additional information [Optional].

          
        
I confirm I have read and understood the Accountability tab for SG 01 I confirm I have read and understood the Accountability tab for SG 01

SG 01 CC. Climate risk (Not Applicable)


SG 02. Publicly available RI policy or guidance documents

New selection options have been added to this indicator. Please review your prefilled responses carefully.

02.1. Indicate which of your investment policy documents (if any) are publicly available. Provide a URL and an attachment of the document.

02.2. Indicate if any of your investment policy components are publicly available. Provide URL and an attachment of the document.

02.3. Additional information [Optional].

Interpretation Note on Financial Intermediaries:

http://www.ifc.org/wps/wcm/connect/38d1a68049ddf966af3cbfda80c2ddf3/InterpretationNote_FIs_2012.pdf?MOD=AJPERES

Interpretation Note on Small and Medium Enterprises:

http://www.ifc.org/wps/wcm/connect/de7d92804a29ffe9ae04af8969adcc27/InterpretationNote_SME_2012.pdf?MOD=AJPERES


SG 03. Conflicts of interest

03.1. Indicate if your organisation has a policy on managing potential conflicts of interest in the investment process.

03.2. Describe your policy on managing potential conflicts of interest in the investment process.

Given IFC’s broad range of activities, conflicts may arise (or be perceived to arise) from time to time between the interests of IFC (or those of a client or partner) and the interests of another client or partner. IFC believes that the existence of these operational conflicts is a cause for concern if such conflicts are not properly managed as and when they arise. In order to properly manage operational conflicts, robust processes and procedures for the management of conflicts of interest that arise in the course of IFC’s activities have been implemented.

In this regard, IFC has established a Conflicts of Interest (COI) Office to provide a dedicated focus to the Corporation’s management of operational conflicts that might arise in the course of its activities.

IFC’s conflicts of interest management approach essentially involves three elements:

1. the timely identification of conflicts as and when they arise
2. the implementation of appropriate mitigation measures; and,
3. appropriate to relevant affected persons.

IFC strives for early identification of conflicts, as this generally allows the greatest scope for the conflict to be managed properly and efficiently.

03.3. Additional information. [Optional]


SG 04. Identifying incidents occurring within portfolios (Private)


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