SESSION #8 DUE DILIGENCE
|
|
- Letitia Lawrence
- 5 years ago
- Views:
Transcription
1 SESSION #8 DUE DILIGENCE Presented by Monkey Forest Consulting
2 OBJECTIVE AND OUTLINE The aim of this module is to share our experiences in due diligence and interactively discuss some key considerations. Specifically we will focus on: What Due Diligence is (aims, elements to consider, who calls for it and why) Specializations in Due Diligence Assessing Regulatory Compliance Issues and/or Materiality Issues
3 WHAT IS DUE DILIGENCE? Ø Assessment Ø Appraisal Ø Review
4 AIMS OF OVERALL PROJECT APPRAISAL (DD) ü To identify the major risks, liabilities and capital / operational expenditures related to a project. ü For project to demonstrate compliance with legislation, Lender requirements, and project commitments.
5 EHSS DD HELPS THE EBRD ANSWER Ø Should the project be financed? Ø How should environmental and social risks and impacts be addressed in project planning, implementation and operation? Ø What gaps exist between project design and implementation, practice, policies, etc. and the PRs and how those will be met? (for existing projects, those under construction and/or already permitted) Ø What mitigation measures or Action Plans are required to fill project gaps? Ø What is the scope of the project monitoring required
6 IN OTHER WORDS Ø Can the project can be implemented in accordance with the EBRD E&S Policy? Ø What are the potential financial, legal, and reputational risks? Ø What are the potential environmental or social opportunities?
7 REPUTATIONAL, PERMITTING, FINANCIAL, & LEGAL Tailings dam collapse DEATHS Regulatory Delays Gas pipeline explodes RISKS HIGH CLEANUP COSTS Ground water contamin a3on Evic3ons of Roma communi 3es HEADLINE NEWS Community Protests Project Delays
8 KEY ELEMENTS CONSIDERED Ø EHS risks and impacts Ø Capacity and commitment to implement the project in accordance with the relevant PRs Ø Red flag go/no-go issues Ø Facilities and activities that are associated with the project, but are not financed by the EBRD (to the extent appropriate).
9 WHO CALLS FOR THE EHS DUE DILIGENCE? Ø Why would these different parties call for an appraisal? Ø Would this affect how you approach the assignment as a consultant? If so, how? Lender Investor / Buyer Project Owner Seller
10 DIFFERENT REASONS FOR EHS DUE DILIGENCE Ø Financial deals buying, selling, mergers, investing Ø Provides the parties with data relating to major liabilities, capital and operating expenditures, and legislative compliance Ø Cost of additional EHS mitigation measures (and related schedule delays) can be leveraged at the time of financial negotiations Ø Provides data to support investing decisions Ø Reputational and project risk management
11 EHS: DISTINCT BUT RELATED SPECIALISATIONS Ø Health and Safety ü Occupational ü Community Ø Environment ü Air ü Water ü Waste ü Biodiversity Ø Social ü Engagement/Consultation ü Supply Chain/Contracting ü Labour/Human Resources ü Land access / Resettlement ü Cultural heritage / Indigenous peoples ü Vulnerable groups / Gender
12 APPRAISAL METHODS Ø Data room (document) reviews Ø Background research (company, country/political, social) Ø Screening and selection of audit sites from a large portfolio Ø Site visits, site walkovers, community visits Ø Interviews with key personnel - corporate, site, regulators Ø Interviews with community members and key external stakeholders Ø Observation of management/staff interaction Ø Observation of company/community interaction Ø Combination of checklists and open questions
13 REPRESENTATIVE APPRAISAL
14 HEALTH & SAFETY ASPECTS Regulatory compliance as indicated by such data as: prosecutions, fines, warnings or other communications from regulatory authorities; injury and industrial disease claims (past or present); inspection records (e.g. pressure vessels, cranes, hoists); workplace monitoring test results (e.g. dust, fumes, mists and vapours, noise, lighting, heat, vibration); company records (e.g. accident and incident records, environmental incidents, risk assessments, safety data sheet records, EHS committee meeting minutes); interviews with site operational personnel as to their knowledge of practices and procedures, look at training records etc.; reports by third parties (e.g. accidents, contaminated land investigations, audits by regulatory authorities and consultants).
15 ENVIRONMENTAL ASPECTS New Projects Exis3ng/Expansion Projects Review available assessment documentation (e.g. ESIA) Environmental baseline conditions and sensitivity Sensitive habitats, species, and biodiversity conditions and impacts Community use of ecosystem services Land conversion impacts and risks Identify existing environmental liabilities and contamination On-site and offsite land use impacts Emissions and effluent monitoring data Regulatory and project standard compliance Review assessment documentation for expansion projects
16 SOCIAL ASPECTS Review of baseline studies, impact assessments and relevant corporate documentation Review of national legislation Review of social management system and processes (including organization, human and budgetary resourcing, grievance mechanism, stakeholder engagement and social investment) Interviews with corporate officers, project affected people, key stakeholders Observation of conditions on the ground through site visit
17 TRIANGULATION & SAMPLING: KEY CHALLENGES OF SOCIAL DUE DILIGENCE Document review identifies key issues Who to interview Attend along or with social staff Formal or informal Observe meetings Culture & language Distortions created by the reviewer s presence
18 HOW DO WE DETERMINE? Ø the quality of the EHS management system Ø the training and awareness of employees Ø the competency of existing management
19 MATERIALITY A key issue for commercial lenders, but not a focus of EBRD s Environmental and Social Policy. For commercial lenders/acquisitions: EHS DD is conducted to identify and quantify material EHSS liabilities, impaired assets or regulated conduct The materiality threshold, agreed prior to the start of EHS DD, will reflect not only the value of the target but also the amount of risk the client is willing to take (e.g. USD50,000 per liability) Allows to see the wood from the trees and focus on what are the important EHS issues However, even if not an EBRD focus if there is a material issue then there is likely to be a compliance or other issue underlying it which is of interest to EBRD
20 TAKE AWAY MESSAGES All projects undergo environmental and social appraisal to help the EBRD decide if the project should be financed and, if so, the way in which environmental and social issues should be addressed in its planning, implementation and operation The appraisal will be appropriate to the nature and scale of the project, commensurate with the level of environmental and social impacts and issues, and with due regard to the mitigation hierarchy Depending upon the scope of the appraisal, experts in a variety of fields are required to undertake a proper appraisal. While there are overlaps between these areas of specialty, the focus of the appraiser is different Very complex projects may require several different environmental, health and safety, and social experts
21
SUMMARY EQUIVALENCE ASSESSMENT BY POLICY PRINCIPLE AND KEY ELEMENTS
SUMMARY EQUIVALENCE ASSESSMENT BY POLICY PRINCIPLE AND KEY ELEMENTS ENVIRONMENTAL SAFEGUARDS Objectives To ensure the environmental soundness and sustainability of projects and to support the integration
More informationIAIA Special Symposium Resettlement and Livelihoods October Ted Pollett
IAIA Special Symposium Resettlement and Livelihoods 21 22 October 2014 Ted Pollett WHAT PLETHORA OF STANDARDS, GUIDELINES AND FRAMEWORKS? GOVERNMENT POLICIES, LEGISLATION AND REGULATIONS (NATIONAL, REGIONAL,
More informationActivist Guide to Sinohydro s International Corporation Limited s Environmental and Social Policy Commitments
Activist Guide to Sinohydro s International Corporation Limited s Environmental and Social Policy Commitments Sinohydro, a Chinese government-owned enterprise, is the world s largest dam builder. By its
More informationManaging Social Impacts of Labour Influx
Managing Social Impacts of Labour Influx This paper summarizes the results of a recent global portfolio review focused on the social impacts of labor influx commissioned by the World Bank and carried out
More informationEBRD Performance Requirement 5
EBRD Performance Requirement 5 Land Acquisition, Involuntary Resettlement and Economic Displacement Introduction 1. Involuntary resettlement refers both to physical displacement (relocation or loss of
More informationDaniel Owen (World Bank) with Jay Wagner; Susan Dowse; Murray Jones; Marla Orenstein (Plexus Energy)
Managing Social Impacts of Labour Influx IAIA18 Conference Proceedings Environmental Justice in Societies in Transition 38 th Annual Conference of the International Association for Impact Assessment 16-19
More informationOCCUPATIONAL SAFETY AND HEALTH SAMOA
OCCUPATIONAL SAFETY AND HEALTH SAMOA Arrangement of Provisions PART I PRELIMINARY 1. Short title 2. Commencement 3. Extent of application 4. Objects of the Act 5. Interpretation PART II ADMINISTRATION
More informationGuidance Note UNDP Social and Environmental Standards. Standard 5: Displacement and Resettlement
Guidance Note UNDP Social and Environmental Standards Standard 5: Displacement and Resettlement December 2016 UNDP Guidance Notes on the Social and Environmental Standards (SES) This Guidance Note is part
More informationAct No. 100/2001 Coll., on the Environmental Impact Assessment and amending some related laws (the EIA Act)
Act No. 100/2001 Coll., of 20th February, 2001 on the Environmental Impact Assessment and amending some related laws (the EIA Act) as amended by Act No. 93/2004 Coll., Act No. 163/2006 Coll., Act No. 186/2006
More informationGender Toolkit: Matrix 2 Issues Relevant to Sector
Gender Toolkit: Matrix 2 Issues Relevant to Sector Introduction This Matrix represents an attempt to identify gender issues at a sector level with reference to each of the Bank s Performance Requirements
More informationSUSTAINABILITY REPORTING NAVIGATOR 2016
01 SUSTAINABILITY REPORTING NAVIGATOR 201 We have prepared our FY201 sustainability reporting in accordance with the Global Reporting Initiative (GRI) G4 Core Sustainability Reporting Guidelines, including
More informationLivelihood Restoration in Practice: Key Challenges and Opportunities
Livelihood Restoration in Practice: Key Challenges and Opportunities BRITISH MUSEUM, LONDON, NOVEMBER 9, 2016 Shaza Zeinelabdin, Senior Social Dev t Specialist Larissa Luy, Principal E&S Specialist IFC
More informationFlagship Capital Corporation
Resettlement Planning Document Resettlement Framework Project Number: 39906 June 2005 REG: Proposed Equity Investment Flagship Capital Corporation Prepared by Flagship Capital Corporation (Singapore) Ltd.
More informationAnnex II. The Benefits of Integrating Human Rights Risk Information into the World Bank s Due Diligence
Annex II The Benefits of Integrating Human Rights Risk Information into the World Bank s Due Diligence I. Introduction Human rights risks arise frequently in relation to investment projects supported by
More informationTHE IMPLICATIONS FOR BUSINESSES OF THEIR FAILURE TO RESPECT HUMAN RIGHTS
THE IMPLICATIONS FOR BUSINESSES OF THEIR FAILURE TO RESPECT HUMAN RIGHTS London, 31 October 2014 Stephane Brabant, Partner, stephane.brabant@hsf.com OVERVIEW Laws and standards in the area of business
More informationManaging Social Risks and Impacts in Geothermal Projects Turkey Geothermal Development Project
BURCU ERGIN SOCIAL SAFEGUARDS SPECIALIST WORLD BANK RSM LAUNCH WORKSHOP IZMIR, 5 JULY 2018 Managing Social Risks and Impacts in Geothermal Projects Turkey Geothermal Development Project Why is it critical
More informationEnvironment and Social Management System Arrangement I. INTRODUCTION
Environment and Social Management System Arrangement I. INTRODUCTION 1. Environmental and social due diligence was conducted as part of the ADB project review where IMON International (IMON) and OXUS Tajikistan
More informationEUROPEAN SOCIAL CHARTER THE GOVERNMENT OF RUSSIAN FEDERATION. Articles 3, 11, 12 and 14 for the period 01/01/ /12/2015
16/01/2017 RAP/RCha/RUS/6(2017) EUROPEAN SOCIAL CHARTER 6 th National Report on the implementation of the European Social Charter submitted by THE GOVERNMENT OF RUSSIAN FEDERATION Articles 3, 11, 12 and
More informationTechnology Teachers Safety & Responsibilities
Technology Teachers Safety & Responsibilities http://teachertube.com/viewvideo.php?video_id=144518&title=shop_safety_video Luc Ouellet Technology Teacher Safety in Technology Education Programs Is an issue
More information2017 No. 114 AGRICULTURE LAND DRAINAGE WATER
S C O T T I S H S T A T U T O R Y I N S T R U M E N T S 2017 No. 114 AGRICULTURE LAND DRAINAGE WATER The Agriculture, Land Drainage and Irrigation Projects (Environmental Impact Assessment) (Scotland)
More informationProtection of Environment Act 2053 B.S. (1997)
Protection of Environment Act 2053 B.S. (1997) The Following Act issued by His Majesty the King Birendra Bir Bikram Shah Dev has been published for the information of the public general. Act No. 24 of
More informationON THE ROAD OR THE WATER, YOU RE HEADED NOWHERE FAST WHILE IMPAIRED. WHILE IMPAIRED. OPERATIONDRYWATER.ORG
ON THE ROAD OR THE WATER, YOU RE HEADED NOWHERE FAST WHILE WHILE IMPAIRED. IMPAIRED. OPERATIONDRYWATER.ORG Operation Dry Water 2018 National boating under the influence (BUI) awareness and enforcement
More informationBLI ESG Investment Policy. April 2018
BLI ESG Investment Policy April 2018 BLI ESG Investment Policy BLI Banque de Luxembourg Investments S.A. (BLI) s ESG investment policy relies on 4 distinct pillars. First Pillar: Controversies Human Rights
More informationARGUMENTS FOR PROSECUTORS OF ENVIRONMENTAL
************************ ADVOCACY MEMORANDUM ARGUMENTS FOR PROSECUTORS OF ENVIRONMENTAL CRIMES INTERPOL POLLUTION CRIMES WORKING GROUP Penalties Project 5 June 2007 ************************ 0 Table of
More informationINTEGRITY PREVENTING FRAUD & CORRUPTION FOR GREATER DEVELOPMENT IMPACT. Preventive Services Unit
INTEGRITY PREVENTING FRAUD & CORRUPTION FOR GREATER DEVELOPMENT IMPACT HOW INT CAN HELP TASK TEAMS IMPROVE THE INTEGRITY OF PROJECTS Preventive Services Unit The Preventive Services Unit (PSU), working
More informationAct No. 19 of 2002 (as amended) AN ACT. ENACTED by the Parliament of Mauritius, as follows - PART I - PRELIMINARY
Act No. 19 of 2002 (as amended) AN ACT To provide for the protection and management of the environmental assets of Mauritius so that their capacity to sustain the society and its development remains unimpaired
More informationSolina Denmark CSR report - UN Global Compact
Solina Denmark 2018 CSR report - UN Global Compact Statement of continued support UN Global Compact by Solina Denmark General Manager Solina Denmark reaffirm our support of the Ten Principles of the United
More informationGuidance Note 5 Land Acquisition and Involuntary Resettlement
This Guidance Note 5 corresponds to Performance Standard 5. Please also refer to the Performance Standards 1-4 and 6-8 as well as the corresponding Guidance Notes for additional information. Bibliographical
More informationINDUSTRIAL SAFETY AND HEALTH ACT Act No. 4220, Jan. 13, 1990
INDUSTRIAL SAFETY AND HEALTH ACT Act No. 4220, Jan. 13, 1990 Amended by Act No. 4622, Dec. 27, 1993 Act No. 4826, Dec. 22, 1994 Act No. 4916, Jan. 5, 1995 Act No. 5248, Dec. 31, 1996 Act No. 5453, Dec.
More informationCHAPTER I Preliminary
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN Islamabad, March 27, 2001. LISTED COMPANIES (PROHIBITION OF INSIDERS TRADING) GUIDELINES CHAPTER I Preliminary 1. Short title and commencement.- (1) These
More informationHot Work Procedures. Competent means possessing knowledge, experience and training to perform a specific duty.
Hot Work Procedures Purpose This procedure will provide the knowledge and equipment required to minimize the identified workplace hazards associated with Hot Work. These procedures will provide: information
More informationTHE CHALLENGES AND LEGAL IMPLICATIONS OF SECURING THE OCCUPATION OF LAND REQUIRED FOR PROJECTS IN WEST AFRICA
THE CHALLENGES AND LEGAL IMPLICATIONS OF SECURING THE OCCUPATION OF LAND REQUIRED FOR PROJECTS IN WEST AFRICA 28 OCTOBER 2014 Nicolas Heurzeau, Of Counsel, +33 1 53 57 78 55, nicolas.heurzeau@hsf.com OUTLINE
More informationKatie Bennett Hobson
Katie Bennett Hobson Associate catherine.hobson@kattenlaw.com Austin p +1.512.691.4004 Practices FOCUS: Environmental and Litigation and Dispute Resolution White Collar, Investigations and Compliance Major
More informationESG Investment Philosophy
ESG Investment Philosophy At William Blair *, environmental, social, and corporate governance (ESG) factors are among many considerations that inform our investment decisions inextricably linked with our
More information2016 Safety Award Entry
2016 Safety Award Entry Category: Best Safety Innovation Entrant: Contact: Julie Bollenbach Email: julie@ariaenergy.com Phone: 248-380-3920 SWANA Member Number: 978027 Title of Entry: Effective Employee
More informationApproved by the Board on July 26, 2016 Page 1
TERMS OF REFERENCE FOR THE TECHNICAL, HEALTH, ENVIRONMENTAL, SAFETY AND SUSTAINABILITY COMMITTEE 1. PURPOSE The purpose of the Technical, Health, Environmental, Safety and Sustainability Committee (the
More informationOPENNESS AND TRANSPARENCY
OPENNESS AND TRANSPARENCY Consultation Paper One of RECA s strategic objectives is to review its current policies and identify opportunities to advance openness and transparency. As a regulatory body licensing
More informationUnited Nordic Code of Conduct
1 United Nordic Code of Conduct Version 2015-04-22 B INTRODUCTION United Nordic is aware of its corporate social responsibility and the objective is to combine sound business operations with social and
More informationThe National Energy Board s Enforcement Policy
The National Energy Board s Enforcement Policy 1. INTRODUCTION... 2 2. PURPOSE... 3 3. SCOPE... 3 4. GUIDING PRINCIPLES... 4 5. RESPONSIBILITIES... 5 6. THE ENFORCEMENT FRAMEWORK... 7 6.1. The Enforcement
More informationLEGAL REVIEW OF RSPO SIERRA LEONE HENRIETTA E.E.COLE BASMA &MACAULAY
1 LEGAL REVIEW OF RSPO SIERRA LEONE HENRIETTA E.E.COLE BASMA &MACAULAY 2 TABLE OF CONTENTS 1. Executive Summary page 3 2. Methodology page 4 3. Possible Conflicts between RSPO Criteria and Related Laws
More informationCHAPTER 220 THE FACTORIES ACT. Arrangement of Sections.
CHAPTER 220 THE FACTORIES ACT. Arrangement of Sections. Section PART I APPLICATION OF ACT. 1. General application of Act. 2. Application to factories belonging to Government. 3. Power to exempt in case
More informationCOMPLIANCE AND ENFORCEMENT
COMPLIANCE AND ENFORCEMENT Gaekwad Ramoutar Chief Inspector Occupational Safety and Health Agency May 16, 2015. Overview History Scope of the OSH Act Core Functions of the OSH Agency Enforcement Policy
More informationA. Involuntary resettlement should be avoided where feasible, or minimized, exploring all viable alternative project designs. B.
Module 8 - Involuntary Resettlement- Policy Principles & Requirements (World bank OP 4.12 and 4.12 Annex A) Key principles and objectives of an involuntary Resettlement Policy Resettlement planning instruments
More informationBusiness and Human Rights
Business and Human Rights MBA/ Executive Module Chris Marsden 1. What do you need to know & understand about Human Rights? Awareness of business impact on human rights Why is this part of a company director
More informationTITLE II--DEVELOPMENT OF SOLAR AND WIND ENERGY ON PUBLIC LAND
S 1775 IS 112th CONGRESS 1st Session S. 1775 To promote the development of renewable energy on public lands, and for other purposes. November 1, 2011 IN THE SENATE OF THE UNITED STATES Mr. TESTER (for
More informationOverview of Recently Revised COGCC Complaint Process
Overview of Recently Revised COGCC Complaint Process Energy Advisory Board Meeting Rifle, Colorado February 5, 2015 Marc Morton Local Government Liaison Agenda COGCC Overview Complaint Process Update Recent
More informationTestimony of Naomi Karp, J.D., Senior Strategic Policy Advisor AARP Public Policy Institute. On behalf of AARP. Submitted to the
Testimony of Naomi Karp, J.D., Senior Strategic Policy Advisor AARP Public Policy Institute On behalf of AARP Submitted to the Senate Judiciary Committee - Subcommittee on Administrative Oversight and
More informationEnterprise Risk Management (ERM) in Nonprofit Organizations. How to Get Your Organization to the Other Side of the Strategy Coin
Enterprise Risk Management (ERM) in Nonprofit Organizations How to Get Your Organization to the Other Side of the Strategy Coin Overview Ø What and Why ERM? Ø How is ERM Different? Ø Where Does it Fit?
More informationDraft Safety, Health and Welfare at Work (Reporting of Accidents, Illnesses and Dangerous Occurrences) Regulations 2012
Draft Safety, Health and Welfare at Work (Reporting of Accidents, Illnesses and Dangerous Occurrences) Regulations 2012 I,.., Minister for Jobs, Enterprise and Innovation, in exercise of the powers conferred
More informationEnvironmental and Social Management Framework
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Pacific Aviation Investment Program Environmental and Social Management Framework Technical
More informationGUIDE FOR SUBMISSIONS PURSUANT TO THE TEXAS ENVIRONMENTAL, HEALTH, AND SAFETY AUDIT PRIVILEGE ACT
GUIDE FOR SUBMISSIONS PURSUANT TO THE TEXAS ENVIRONMENTAL, HEALTH, AND SAFETY AUDIT PRIVILEGE ACT TEX. CIV. STAT. art. 4447cc RAILROAD COMMISSION OF TEXAS Office of General Counsel Last Updated: August
More informationHAUT-COMMISSARIAT AUX DROITS DE L HOMME OFFICE OF THE HIGH COMMISSIONER FOR HUMAN RIGHTS PALAIS DES NATIONS 1211 GENEVA 10, SWITZERLAND
HAUT-COMMISSARIAT AUX DROITS DE L HOMME OFFICE OF THE HIGH COMMISSIONER FOR HUMAN RIGHTS PALAIS DES NATIONS 1211 GENEVA 10, SWITZERLAND Mandate of the Special Rapporteur on the implications for human rights
More informationThe National Environmental Act, Cap 153.
The National Environmental Act, Cap 153. Commencement 19 May, 1995. An Act to provide for sustainable management of the environment; to establish an authority as a coordinating, monitoring and supervisory
More informationwe are independent of any government, political ideology, economic interest or religion and are funded mainly by our membership and public donations.
time to invest in human rights A human RIghtS due diligence framework for the InteRnAtIOnAl finance corporation amnesty international is a global movement of 2.8 million supporters, members and activists
More informationFred Alger Management, Inc. Weatherbie Capital, LLC Proxy Voting Policies and Procedures Effective as of 07/07/17
Fred Alger Management, Inc. Weatherbie Capital, LLC Proxy Voting Policies and Procedures Effective as of 07/07/17 Purpose Rule 206(4)-6 of the Investment Advisers Act of 1940, as amended (the "Advisers
More informationPermit to Work Procedure
1. Purpose The permit to work procedure provides a system for managing certain high risk activities at NT Airports sites. The purpose of this procedure is to: 2. Scope Provide a level of control to ensure
More informationDRAFT FOR CONSIDERATION AND DISCUSSION WORLD DIAMOND COUNCIL. System of Warranties Guidelines
WORLD DIAMOND COUNCIL System of Warranties Guidelines 2018 Disclaimer The Voluntary System of Warranties Guidelines and the information contained herein are intended as a general working guide to the issues
More informationOCCUPATIONAL HEALTH, SAFETY AND WELFARE (plant) AMENDMENT ACT 1993
504 OCCUPATIONAL HEALTH, SAFETY AND WELFARE (plant) AMENDMENT ACT 1993 of 1993 SUMMARY OF PROVISIONS 1. Short title 2. Commencement 3. Amendment of s. 3-0bjects of Act 4. Amendment of s. 4-lnterpretation
More informationPerformance Standard 5 Land Acquisition and Involuntary Resettlement
Introduction Performance Standard 5 1. Involuntary resettlement refers both to physical displacement (relocation or loss of shelter) and to economic displacement (loss of assets or access to assets that
More informationCARDINAL HEALTH, INC. DISCLOSURE COMMITTEE CHARTER Amended and Restated May 8, 2013
CARDINAL HEALTH, INC. DISCLOSURE COMMITTEE CHARTER Amended and Restated May 8, 2013 This Disclosure Committee (the "Committee") Charter (the "Charter") has been approved by the Audit Committee of the Board
More informationENVIRONMENTAL MANAGEMENT ACT
CHAPTER 20:27 ENVIRONMENTAL MANAGEMENT ACT Act 13/2002, 5/2004(s. 23), 6/2005(s. 28) Section 1. Short title and date of commencement. 2. Interpretation. 3. ApplicationofthisActinrelationtootherlaws. ARRANGEMENT
More informationInput to Phase 3 Consultation: World Bank Environmental and Social Safeguard Framework
Oslo, March 11th 2016 Input to Phase 3 Consultation: World Bank Environmental and Social Safeguard Framework As a follow up to our inputs during the Brussels consultation in late January, we hereby submit
More informationSector- Wide Impact Assessment (SWIA) of Myanmar s Oil & Gas Sector
Sector- Wide Impact Assessment (SWIA) of Myanmar s Oil & Gas Sector Draft for Consultation March 2014 Commenting on the Oil & Gas SWIA draft MCRB welcomes comments from all interested stakeholders on this
More informationCOMPILED RECOMMENDATIONS FROM INDIGENOUS PEOPLES IN THE VARIOUS COMMUNICATIONS TO THE WORLD BANK 1
COMPILED RECOMMENDATIONS FROM INDIGENOUS PEOPLES IN THE VARIOUS COMMUNICATIONS TO THE WORLD BANK 1 I. Recommendations to the ESS7 II. Overall recommendations to the draft WB Environmental and Social Framework
More informationForced labour Guidance note
EBRD Performance Requirement 2 Labour and working conditions Forced labour Guidance note This document contains references to good practices; it is not a compliance document. It should be interpreted bearing
More informationCorporate Ethics & Fraud Prevention
Corporate Ethics & Fraud Prevention 6th Annual ACFE & IIA Fraud Conference April 17, 2015 Karen A. Benson Director, Global Compliance & Ethics Royal Caribbean Cruises Ltd. kbenson@rccl.com Agenda 1. Introduction
More informationFOSTERING WOMEN S ENTREPRENEURSHIP IN THE SME SECTOR IN SRI LANKA
P O L I C Y B R I E F FOSTERING WOMEN S ENTREPRENEURSHIP IN THE SME SECTOR IN SRI LANKA Women s Chamber of Commerce and Industry January 2015 1 INTRODUCTION In Sri Lanka s new era of post-war development,
More informationCARDINAL HEALTH, INC. DISCLOSURE COMMITTEE CHARTER Amended and Restated May 3, 2011
CARDINAL HEALTH, INC. DISCLOSURE COMMITTEE CHARTER Amended and Restated May 3, 2011 This Disclosure Committee (the "Committee") Charter (the "Charter") has been approved by the Audit Committee of the Board
More informationCOMMONWEALTH COURT OF PENNSYLVANIA
COMMONWEALTH COURT OF PENNSYLVANIA PENNSYLVANIA ENVIRONMENTAL : DEFENSE FOUNDATION, : Petitioner : : No. 228 M.D. 2012 v. : : TOM CORBETT, GOVERNOR, : COMMONWEALTH OF : PENNSYLVANIA; : Respondent : PETITIONER
More informationThe Bribery Act Adequate procedures.
October 2010 The Bribery Act 2010. Adequate procedures. We set out in this note our suggestions as to the adequate procedures that a company may consider adopting as part of its process of updating compliance
More informationSouth Australia s Environment Protection Authority Managing Nuisance Issues
South Australia s Environment Protection Authority Managing Nuisance Issues Stephen Potter Team Leader, Compliance Greg Marr Senior Environment Protection Officer Monica Bosco Coordinator Local Government
More informationResearch, exchanges and. cooperation on economic and social development. Assessment and prediction of economic operations
Catalog Of Fields And Projects For Overseas NGOs With Activities In China, And Directory Of Organizations In Charge Of Operations (2017) Ministry of Public Security December 2016 Field Subfield Main projects
More informationApproved by the Board on March 27, 2014 Page 1
TERMS OF REFERENCE FOR THE ENVIRONMENT, HEALTH, SAFETY AND SUSTAINABILITY COMMITTEE 1. PURPOSE The overall purpose of the Environment, Health, Safety and Sustainability Committee (the EHS&S Committee )
More informationHUU-AY-AHT FIRST NATIONS
HUU-AY-AHT FIRST NATIONS COMMUNITY PLANNING AND DEVELOPMENT ACT OFFICIAL CONSOLIDATION Current to December 18, 2014 The Huu-ay-aht Legislature enacts this law to provide a fair and effective system for
More informationBUYERS. Buyers have a responsibility to adopt the 3-pillar policy, and establish clear operational protocols stating requirements for their suppliers.
The Coca Cola Company Country: Taiwan Type of operation(s): Bottling plant & bottle manufacturing plant Origin of migrant workers: Thailand, Vietnam, Indonesia BUYERS Buyers have a responsibility to adopt
More informationPollution (Control) Act 2013
Pollution (Control) Act 2013 REPUBLIC OF VANUATU POLLUTION (CONTROL) ACT NO. 10 OF 2013 Arrangement of Sections REPUBLIC OF VANUATU Assent: 14/10/2013 Commencement: 27/06/2014 POLLUTION (CONTROL) ACT NO.
More informationLao People s Democratic Republic Peace Independence Democracy Unity Prosperity. Prime Minister s Office Date: 7 July, 2005
Lao People s Democratic Republic Peace Independence Democracy Unity Prosperity Prime Minister s Office No 192/PM Date: 7 July, 2005 DECREE on the Compensation and Resettlement of the Development Project
More informationSPORT, SPONSORSHIP AND HUMAN RIGHTS GUIDING QUESTIONS
SPORT, SPONSORSHIP AND HUMAN RIGHTS GUIDING QUESTIONS 1 SPORT, SPONSORSHIP AND HUMAN RIGHTS GUIDING QUESTIONS CITE AS Mega-Sporting Events Platform for Human Rights, Sport, Sponsorship and Human Rights:
More informationHuman Rights and Business Fact Sheet
Sector-Wide Impact Assessment Human Rights and Business Fact Sheet Housing, Land Acquisition and Resettlement This factsheet was compiled for the use of the Myanmar Centre for Responsible Business (MCRB)
More informationEnvironmental Offences Definitive Guideline
Environmental Offences Definitive Guideline DEFINITIVE GUIDELINE Contents Applicability of guideline 2 Guideline for offenders that are organisations 3 Unauthorised or harmful deposit, treatment or disposal
More informationEnvironmental Management and Conservation (Amendment) Act 2010
Environmental Management and Conservation (Amendment) Act 2010 REPUBLIC OF VANUATU ENVIRONMENTAL MANAGEMENT AND CONSERVATION (AMENDMENT) ACT NO. 28 OF 2010 Arrangement of Sections 1 Amendment 2 Commencement
More informationCommunity Development and CSR: Managing Expectations & Balancing Interests
Community Development and CSR: Managing Expectations & Balancing Interests The 8 th Risk Mitigation and CSR Seminar Canada-South Africa Chamber of Business Tuesday, October 16, 2012 Introduction OBJECTIVE:
More informationInvoluntary Resettlement - Overview. Transport Forum Washington, D.C. March 30, 2007
Involuntary Resettlement - Overview Transport Forum Washington, D.C. March 30, 2007 OP 4.12 - Triggers Trigger: acquisition of land which displaces people physically and / or economically. Policy applies
More informationSOLOMON ISLANDS THE ENVIRONMENT ACT 1998 (NO. 8 OF 1998) Passed by the National Parliament this twentieth day of October 1998.
Environment Act 1998 (Commenced 1 September 2003 as per LN No.77 2003) SOLOMON ISLANDS THE ENVIRONMENT ACT 1998 (NO. 8 OF 1998) Passed by the National Parliament this twentieth day of October 1998. Assented
More informationCOMMUNIQUE SEVENTH (7 th) ZAMBIA ALTERNATIVE MINING INDABA, 2018
COMMUNIQUE SEVENTH (7 th) ZAMBIA ALTERNATIVE MINING INDABA, 2018 Preamble Representatives of more than 170 delegates from the Church, Civil Society Organisations, mine host communities, large-scale mining
More informationCOMMUNITY FOREST AGREEMENT (CFA) APPLICATION REQUIREMENTS (Direct Invitation to apply) July 1, 2009 Version - 1 -
COMMUNITY FOREST AGREEMENT (CFA) APPLICATION REQUIREMENTS (Direct Invitation to apply) July 1, 2009 Version - 1 - TABLE OF CONTENTS APPLICATION ADMINISTRATIVE INFORMATION 4 Submission date and location
More informationTask Force on Sports Sponsors. Human Rights Guiding Questions for Sporting Event Sponsors. Draft Not for publication, circulation or citation.
Task Force on Sports Sponsors Human Rights Guiding Questions for Sporting Event Sponsors Draft Not for publication, circulation or citation. Contents About this Document... 0 Introduction... 1 Sponsor
More informationChimec S.p.A. Organisation, Management and Control Model pursuant to Legislative Decree 231/2001
CONTENTS Chimec S.p.A. Organisation, Management and Control Model pursuant to Legislative Decree 231/2001 164 SPECIAL SECTION L ENVIRONMENTAL OFFENCES 1. Environmental offences A) Offences contemplated
More informationReport on the 2016 UN Forum on Business and Human Rights
Check against delivery Report on the 2016 UN Forum on Business and Human Rights Statement by Beatriz Balbin Chief, Special Procedures Branch Office of the United Nations High Commissioner for Human Rights
More informationInvoluntary Resettlement Safeguards. A Planning and Implementation Good Practice Sourcebook Draft Working Document
Involuntary Resettlement Safeguards A Planning and Implementation Good Practice Sourcebook Draft Working Document November 2012 This working document was prepared by staff of Asian Development Bank. It
More informationREPORTS REQUIRED BY LEGISLATION
REPORTS REQUIRED BY LEGISLATION Office of the Clerk of the Assembly Journals Branch 2017-2018 NOTES THIS SYMBOL * APPEARS BEFORE THE TITLE OF ACTS THAT CONTAIN PROVISIONS FOR REPORTS TO BE TABLED ONLY
More informationHuman rights and a global corporation
Human rights and a global corporation Owners of an iconic trademark, the Coca-Cola Company must have the answers when issues arise. By Ed Potter We hold these truths to be self-evident, that all working
More informationNetherlands. William van der Feltz and Matthijs Timmer. Van der Feltz advocaten
Netherlands William van der Feltz and Matthijs Timmer Legislation 1 Main environmental regulations What are the main statutes and regulations relating to the environment? A number of EU regulations are
More informationCHAPTER 25B. Change of Owner, Operator, or Guarantor for Certain Oil and Gas Facilities
CHAPTER 25B. Change of Owner, Operator, or Guarantor for Certain Oil and Gas Facilities Sec. 25B-1. Purposes of Chapter. Sec. 25B-2. Applicability. Sec. 25B-3. Definitions. Sec. 25B-4. Requirements. Sec.
More informationTHE PRINCIPLES STEWARDSHIP FRAMEWORK FOR INSTITUTIONAL INVESTORS :
Stewardship Principles Investor Stewardship Group https://www.isgframework.org/stewardship-principles/ Page 1 of 5 5/2/2017 THE PRINCIPLES STEWARDSHIP FRAMEWORK FOR INSTITUTIONAL INVESTORS : Principle
More informationANNEX. to the COMMUNICATION
EUROPEAN COMMISSION Brussels, 2.6.2014 COM(2014) 335 final ANNEX 1 ANNEX to the COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND
More informationS P P U R C H A S I N G S P WI- 03 P U R C H A S E O R D E R G T C DATE OF ISSUE: 15/11/2015 REVISION: 01
S P. 1 0. 0 1 P U R C H A S I N G P U R C H A S E O R D E R G T C DATE OF ISSUE: 15/11/2015 REVISION: 01 1.0 PURPOSE These terms and conditions shall apply to the procurement of all goods, equipment, material
More informationMinistry of Citizenship and Immigration. Follow-Up on VFM Section 3.09, 2014 Annual Report RECOMMENDATION STATUS OVERVIEW
Chapter 1 Section 1.09 Ministry of Citizenship and Immigration Provincial Nominee Program Follow-Up on VFM Section 3.09, 2014 Annual Report RECOMMENDATION STATUS OVERVIEW # of Status of Actions Recommended
More informationAssessment Report. Complaint regarding COMSUR/Don Mario Mine Bolivia
Assessment Report Complaint regarding COMSUR/Don Mario Mine Bolivia (November 2003) Office of the Compliance Advisor/Ombudsman of the International Finance Corporation and the Multilateral Investment Guarantee
More informationReview and Update of the World Bank s Environmental and Social Safeguard Policies Phase 2 Feedback Summary
Date: February 27, 2015 Review and Update of the World Bank s Environmental and Social Safeguard Policies Phase 2 Feedback Summary Location: Nairobi, Kenya Audience: Indigenous Peoples (IP) Representatives
More information