IDFC has adopted the Equator Principles, an internationally accepted credit risk management framework for determining, assessing and managing environmental and social risk in Project Finance transactions. The company has become the first Indian financial institution to join the Association.
The Equator Principles are adopted voluntarily by financial institutions and are applied where total project capital costs exceed $10 million. The Principles are based on the International Finance Corporation’s (IFC) Performance Standards on Environmental and Social Sustainability, and on the World Bank Group’s Environmental, Health and Safety Guidelines.
IDFC is the country’s leading integrated infrastructure finance player providing end to end infrastructure financing and project implementation services.
