This transaction has been classified as Category B, as per IDB Invest's Environmental and Social Sustainabilitu Policy, as it may generate impacts and risks associates with the following aspects: (i) operation of E&S management and monitoring systems, (ii) workforce management and provision of adequate working conditions, OHS programs; (iii) fire safety; (iv) monitoring and management of agrochemical handling; (v) relation with the community; and (vi) sustainability of the suply chain.
BID Invest performed the virtual Environmental and Social Due Diligence (ESDD) of the Project from July 21 through 24, 2020. E&S, Occupational Health and Safety (OHS), and labor information was reviewed in the form of Mainter's procedures, policies, reports, audits, licenses and other internal documents, and meetings were held with Company personnel.
The Company will be required to ensure the Project meets the requirements of IDB Invest's Sustainability Policy and address any identified gaps in the form of an action plan.
Based on the information received and reviewed to date, the following Performance Standards (PS) would be activated by the Project: PS 1: Assessment and Management of Environmental and Social Risks and Impacts; PS 2; Labor and Working Conditions; PS 3; Resource Efficiency and Pollution Prevention; and PS 4; Community Health, Safety, and Security. The Project-related PSs will be finally determined after the ESDD is completed.
For project inquiries, please contact Mainter:
Name: Javier Urey Higazy
Title: General Manager
Telephone number: +591 (3) 338-8100
E-mail address: firstname.lastname@example.org
For inquiries and comments for IDB Invest, please contact:
Name: IDB Invest Communications Group
E-mail address: email@example.com
In addition, affected communities have access to the IIC Independent Consultation and Investigation Mechanism via:
Telephone number: +1 (202) 623-3952
Fax number: +1 (202) 312-4057
Address: 1300 New York Ave. NW Washington, DC. USA. 20577
E-mail address: firstname.lastname@example.org or MICI@iadb.org