International Sustainability Certification

Definition: Client secures voluntary sustainability certification from an internationally- recognized certifying authority. IFIs who wish to gather additional information on the quality of the result reported may use ‘commentary’ to do so.

Rationale: This indicator specifies the voluntary and international nature of the accreditation and is supplementary to national or other relevant standards, which are part of IFI’s financing pre-conditions or requirements. This indicator is a cross sector indicator since certifications vary by sector (construction, textiles or manufacturing, agribusiness, supply chain development, etc.). IFIs will identify the relevant certifications accepted by their institutions and inform their respective clients. One such certification for consideration is the International Sustainability and Carbon Certification (ISCC). Other certifications could include International Standards Organization (ISO) certificates. Once clients have responded ‘Yes’ to the indicator, IFIs who wish to track the various types of certificates obtained by their clients may include an additional sub-indicator “International Sustainability Certification name and description.”

Unit: Yes/No, with commentary