D3. Environmental and social reporting
Where we are considering support in the form of financing, political risk insurance, or equity to the sponsor of a project classified as Category A under our environmental and social review directive, we seek consent from clients to inform the public via our website that we are considering this support. We also provide information on signed Category A and B projects, including the environmental standards used to review those projects and the information reviewed.
When we are considering support, we require that all project sponsors of Category A projects to: (i) publicly release available environmental impact information; and (ii) consent to informing the public via their websites that they are considering supporting a Category A project.
Category A projects under consideration
If we are unable to provide public notification 60 days in advance of support for a Category A project, a justification is provided.
Category A projects where prior disclosure was less than 60 days
Under our disclosure policy, we provide detail on Category A and B projects approved for support, including applicable environmental standards and type of environmental information reviewed.
Signed Category A projects prior to November 1, 2010
Signed Category A projects after November 1, 2010
Signed Category B projects
The information disclosed above also includes transactions related to Category A and B projects. Categorization is a screening tool undertaken early on when we are first approached to support a project. Categorization is made on the basis of potential impacts, prior to the consideration of mitigation measures. Information requirements and the depth of EDC’s review are linked to the project categorization. The categories are:
Category A: projects with potential significant adverse environmental or social effects that are sensitive, diverse, or unprecedented.
Category B: projects with potential environmental or social effects that are less adverse than the potential effects of Category A projects.
Category C: projects with minimal or no adverse environmental or social effects.