E&S Performance Monitoring and Reporting
E&S Performance Monitoring, Review and Reporting
We can systematically monitor your entire portfolio or selected investment projects with regard to E&S performance. It is essential to monitor the Environment & Social Performance since the performance parameters & risks changes with time as the project progresses. The primary objective of this is to assess the borrowers/investees performance with respect to the requirements of the project’s Environmental and Social Action Plan (ESAP), applicable IFC Performance Standards, Sector Specific EHS Guidelines and various environmental and social (E&S) safeguards subplans developed for the project.
How can CENGSSUD help you?
CENGSSUD can act as an independent third party agency and conduct Environment & Social Performance Audit based on the requirements of the investee and the frequency of the monitoring. We conduct annual environment & social performance monitoring based on IFC Performance Standard as well as Equator Principles. Our team of environmental & social experts identifies the gaps in the existing system & highlights the same in the Annual Environment & Social Performance Report(AESPR) and suggest suitable corrective action against the non-conformities. The identification of non-conformities helps in detecting the existing as well as the potential risks & thus mitigates the risks in the entire life cycle of the project.
Key Benefits
The Environment & Social performance monitoring and reporting benefits both the investor & the investee by
- Acting as a tool by the investor to verify the compliance as agreed by the investee
- Identifying the Environmental & Social risks in the entire life cycle of the project
- Preventing loses & damage to the project by identifying the risks & mitigating the same through corrective action plan
We help companies establish a robust Plan-Do-Check-Review cycle to deliver compliance, risk control, and impact negative reduction.