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Bank-financed projects are expected to be designed and operated in compliance with good international practices relating to sustainable development. To help our clients and their projects achieve this, we have defined ten performance requirements covering the key areas of environmental and social issues and impacts.
The performance requirements provide a solid base from which clients can improve the sustainability of their business operations.
Where possible, projects should avoid adverse impacts on workers, communities, and the environment. If avoidance is not possible, negative impacts should be reduced, mitigated or compensate for, as appropriate.
New facilities or business activities financed by us must be designed to meet the performance requirements from the outset.
If a proposed business activity relates to existing facilities that do not meet the requirements at the time of Board approval, the client will be required to adopt and implement a satisfactory Environmental and Social Action Plan (ESAP).
If we are to provide general corporate finance, working capital or equity financing for a multi-site company, the client will be required to develop and implement an ESAP at the corporate level (as opposed to the site-specific level).
This must be both technically and financially feasible, and deliverable within an acceptable time frame.
We provide guidance and resources to help clients understand and implement the performance requirements, available here.
The performance requirements should be read in conjunction with our environmental and social policy, which can be found here.
Last updated 31 January 2012
Performance requirements
PR 1:Environmental and Social Appraisal and Management (179KB - PDF)
PR 2:Labour and Working Conditions (129KB - PDF)
PR 3:Pollution Prevention and Abatement (143KB - PDF)
PR 4:Community Health, Safety and Security (144KB - PDF)
PR 5:Land Acquisition, Involuntary Resettlement and Economic Displacement (355KB - PDF)
PR 6:Biodiversity Conservation and Sustainable Natural Resource Management (272KB - PDF)
PR 7:Indigenous Peoples (347KB - PDF)
PR 8:Cultural Heritage (216KB - PDF)
PR 9:Financial Intermediaries (305KB - PDF)
PR 10:Information Disclosure and Stakeholder Engagement (329KB - PDF)
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