What IFC Performance Standards on Environmental and Social Sustainability 2012 - Standards PS1-PS8 Applied to Mining Projects: Labour, Community, Biodiversity and Cultural Heritage requires
The IFC Performance Standards (PS1-PS8) apply to all mining projects financed by the International Finance Corporation (IFC), requiring robust environmental and social risk management, including labor standards, community engagement, biodiversity conservation, and cultural heritage protection. Key obligations are defined in PS1 (Assessment and Management of Environmental and Social Risks), PS2 (Labor and Working Conditions), PS3 (Resource Efficiency and Pollution Prevention), PS4 (Community Health, Safety, and Security), PS5 (Land Acquisition and Involuntary Resettlement), PS6 (Biodiversity Conservation), PS7 (Indigenous Peoples), and PS8 (Cultural Heritage), with mandatory compliance for IFC clients and adherence to host country laws and international good practice.
Pillar: Mining & Natural Resources · Authority: International Finance Corporation (IFC), World Bank Group · Version: 1.0.0 · Last updated:
Primary source: https://www.ifc.org/content/dam/ifc/doc/2012/ifc_performance_standards.pdf
SHA-256 integrity: 49a2f1a8a1eca3c91970dadaf33854af4872e4a180b88864b80b9b71ea224316
Primary Citations — 7 traced to source
- IFC Performance Standard 1, Section D - Environmental and Social Management Systems (ESMS)
- IFC Performance Standard 2, Section A - Labor and Working Conditions
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