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BPI Environmental and socio-economic policy
 
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Environmental policy
BPI Madagascar
BPI Kenya

Business Partners International will maintain an environmental management system (EMS) is accordance with international best practice, and will use the requirements of the International Finance Corporation (IFC) and the World Bank Environmental and Social Guidelines as a minimum standard.

BPI will ensure that:

  • it is compliant with the environmental, health and safety (EHS) legislation and regulations of the countries in which it operates, as well with the its Environmental and Social Guidelines
  • it evaluates and manages environmental and socio-economic impact when developing any policy, product or major change initiative
  • it appraises the potential environmental and social risks that may be associated with each investment application, and ensures that all client companies adhere to international standards of compliance, governance, accounting and reporting
  • it does not invest in businesses that engage in any prohibited or illegal activities, or in enterprises that do not comply with the Environmental and Social Guidelines
  • it does not invest in businesses with potentially high environmental and/or social impact without prior approval from the investors of the funds
  • client companies develop appropriate environmental management policies and procedures for relevant operations, in compliance with the company’s Performance Standards on Social and Environmental Sustainability
  • client companies promote good compliance standards including, but not limited to, internationally-recognised anti-money laundering standards
  • it disinvests from any client company found to be engaging in a prohibited activity, or which fails to comply with BPI's Environmental and Social Guidelines
  • all of the company’s Investment Officers undergo external training by accredited IFC external trainers on IFC’s Performance Standards on Social and Environmental Sustainability
  • the company’s policies, procedures and systems are evaluated and continuously improved

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