Risks arising from environmental problems or social discontent surrounding a project can be extremely costly in terms of delays and stoppages, negative publicity, threats to operating license, and significant unforeseen expenditures. At the same time, reputational damage to a company can far exceed the immediate cost impacts of a single project.
Companies which proactively seek to reduce and manage these risks can benefit from improved business performance over time. Through 50 world-class specialists, IFC integrates risk management and Insurance Services throughout its Investment Cycle andhelps companies spot and limit risks upfront in many ways:
Environmental and social due diligence (including risk analysis)