IFC publishes 2005 Sustainability Report

The International Finance Corporation, this month releases its 2005 Sustainability Report, celebrating the Corporation's 50th Anniversary. The report is entitled 'Choices Matter' and shows how IFC integrates sustainability concerns into its investments choices and services.
It also shows how the largest investor in private equity in developing countries is using its unique position and resources to respond to global challenges: climate change, poverty, corruption, HIV/AIDS, the participation of women in private sector development, and natural resources preservation.

Highlights include:
– IFC's new environmental and social standards

– A step by step explanation of IFC's Investment Cycle, indicating how sustainability and development goals are integrated into decision-making

– A 'project anatomy' showing how IFC worked hand in hand with a client to improve the environmental, social, and financial performance of their business

– Progress on staff learning programs and the introduction of Long Term Performance Awards to mainstream sustainability

– An overview of IFC's response to climate change, including the first-ever assessment of IFC's investments in sustainable energy through its mainstream portfolio ($221 million in FY05)

To download the report or request hard copies, visit http://www.ifc.org/SustainabilityReport

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