corporate social responsibility (csr) @ edc · sustainability corporate citizen corporate integrity...
Post on 06-Jul-2020
31 Views
Preview:
TRANSCRIPT
Trade Commissioners’ Briefing Nigel Selig Advisor, Environmental Advisory Services
Corporate Social Responsibility
(CSR) @ EDC
28 April 2015
2
Outline
What is it!!??
EDC’s Commitment to CSR
What does CSR mean to EDC Customers?
Outlook
What we need from you
3
What is CSR?
Business Integrity
Commercial
Principles
Viability of Project
Sustainable
Development
Business
Sustainability
Corporate Citizen
Corporate Integrity
Corporate Social
Responsibility
Corporate
Responsibility
4
Statement of Commitment to CSR
At EDC we are committed to carrying out our mandate in
a socially responsible manner consistent with our
corporate values.
5
Corporate Plan Commitments
CSR is one of EDC’s key operating
principles
It influences the way we execute our mandate
6
What does CSR mean to EDC
Customers?
Greatest impacts on customers:
Anti-corruption declarations
Review of environmental and social impacts
Public disclosure of information (certain
transactions)
Human rights assessment (where applicable)
7
How does CSR touch EDC customers ?
Anti-Corruption and Bribery
•Raising Awareness
•Customer Declarations
•Legal Covenants
•Enhanced Due Diligence
•Corrective Measures
Driven by: OECD
Convention on Combating
Bribery
8
What does CSR mean to EDC Customers?
Environmental and Social Risk Review
Screening of all individual
transactions
Transactions with significant impact
on the environment
Projects screened and
categorized for potential
adverse environmental impacts
Determines if EDC can
support project
9
How does CSR touch EDC customers?
Environmental : Large Projects
Mahan Smelter, Aditya Birla
Group, India
Large infrastructure projects are subject to a very thorough examination of the
environmental and social impacts
Ensures project sponsor or developer designs the project to international
environmental standards: OECD Common Approaches + Equator Principles +
EDC’s Environmental Review Directive (ERD)
EDC monitors project implementation
10
How does CSR touch EDC customers?
Transparency
Balance between public accountability
and customer confidentiality
EDC’s Disclosure Policy governs the
publication of customer information
Compliance with the Access to
Information and Privacy Act
11
What does CSR mean to EDC Customers?
Disclosure of individual transactions
See:
www.edc.ca/disclosure
« Reporting on
Transactions »
12
How does CSR touch EDC customers?
Ex-Ante Project Disclosure
13
What does CSR mean to EDC Customers?
Large infrastructure projects – approved/signed
Category A Projects Category B Projects
14
How does CSR touch EDC customers?
Human Rights
“EDC values human rights and provides
its financing and insurance services
with a view to the promotion and
protection of internationally-
recognized human rights.”Source:
EDC Declaration on Human Rights
All transactions are screened for potential human
rights risk issues
Sources of information: reports of DFATD, U.S. State
Department
15
Outlook
Combatting corruption
Changing dynamics
Government of Canada’s CSR Strategy
Human rights
Environmental and social review of corporate
facilities
16
DFATD Assistance
• Raising awareness about
EDC’s CSR program and
policies
• Assistance and intelligence
from the field
• Partnering during CSR events
17
Questions / Comments
For more information, see
www.edc.ca/csr
top related