We develop or improve on the implementation of an Environmental and Social Risk Management System in your Financial Institution / Investment Fund. The risks are thus managed in a systematic way throughout the project life cycle with the help of the following activities:

• Top management motivation
• defining the objectives of the ESMS
• Reviewing current portfolio with regard to E&S risks
• Suggesting E&S procedures / tools / policies
• Assignment of roles, responsibilities & authorities,
• Documentation requirements, assessing the ESMS Gap, taking Environment & Social Action Plan    ( ESAP),
• Integration of E&S procedures into credit procedures
• Training of E&S officers – including field visits
• Providing training on latest E&S management practices including IFC Performance Standards
• Monitoring success of E&S management system based on performance indicators
• Periodical review of ESMS, reporting methodology & verification of corrective action plans & their effectiveness.
• Integration of corporate governance, environmental and social issues into one single management process

CENGSSUD can help you in all the aspects of an Environment & Social Management System by:

• Developing an Environment & Social Management System Framework
• Implementing an Environment & Social Management System
• Conducting Environment & Social Due Diligence (ESDD) as part of ESMS
• Capacity Building on ESMS
• Third party Independent Audit on ESMS
• Periodical Review of ESMS

• Aligning organizational ESMS system with the Central Bank of Nigeria’s Sustainable Banking Principles & guidelines
• Enhancing the E& S policy framework to reflect the new requirements of the Nigerian Sustainable Banking Principles (NSBP).

The Environment & Social Management System (ESMS) benefits both the Financial Institutions/investor & the borrower by

• Preventing loses & damage to the project by identifying the risks & mitigating the same through Environment & Social Action Plan ( ESAP)
• Integrating the environmental & social aspects under a common framework
• Addressing the Environmental & Social risks in all phases of the project life cycle
• Ensuring effective & efficient management of the E & S Risks.