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Partnerships
In addition to working closely with its individual members, the Equator Principles (EP) Association has developed partnerships and collaborations with key organisations and initiatives:
International Finance Corporation (IFC) & World Bank
The EP are based on the IFC’s Performance Standards on Environmental and Social Sustainability. In February 2020 the EP Association and the IFC signed a Memorandum of Understanding (MoU) outlining the collaboration’s key tenet – to expand existing training and capacity building on Performance Standards.
Some supporting resources for EP practitioners are below:
IFC Performance Standards and Guidance Notes
IFC E-Learning Course on Managing Environmental and Social Performance
World Bank Development Indicators
World Bank Group Environmental, Health, and Safety Guidelines
Cross-Sector Biodiversity Initiative (CSBI)
The CSBI is a partnership between IPIECA, the International Council on Mining and Metals (ICMM) and the Equator Principles Association, for developing and sharing good practice related to biodiversity in the extractive industries. Affiliated members include the European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC) and the Inter-American Development Bank (IDB).
The Chair rotates each year between the three Associations. In 2021 the EP Association took on the role of Chair of the CSBI. The Chair (the Bank of Montreal) was closely supported by the EP Association’s Biodiversity Working Group.
The CSBI is a unique collaborative platform for convening the collective knowledge and expertise of practitioners working across the three participating sectors: finance, oil and gas and mining.
Global Biodiversity Information Facility (GBIF)
GBIF worked with the EP Association’s Biodiversity Working Group to produce simple guidance that enables EFPIs and their clients to comply with the recommendation to share biodiversity data.
Organization for Economic Co-operation and Development (OECD)
The EP Association endorsed and provided input into an OECD document that provides an overview of good practice for Environmental and Social Agents.