Environmental and Social Due Diligence
Background
A private investment and forest management company planned to significantly expand its plantation areas and install wood processing capacities of 300,000 m³ annually. In total the plantations covered an area of approx. 15,000 hectares. At the time of the study, the wood processing industries (sawmill, combined heat and power plant, pole treatment plant and charcoal production) had approximately 300 employees. UNIQUE was selected to conduct an environmental and social (E&S) due diligence of its plantation and industrial assets according to the International Finance Cooperation (IFC), the International Labour Organization (ILO) and the Forest Stewardship Council (FSC) social and environmental safeguard standards.
Our contribution
- Summarize relevant environmental, social, labor and health safety aspects.
- Evaluate the adequacy of the E&S assessments, management, plans and procedures.
- Evaluate the company’s progress in implementing environmental and social programs.
- Evaluate the company’s performance on applicable IFC, ILO and FSC E&S issues.
- Elaborate an Environmental and Social Action Plan.
Related projects
Explore projects related to this one.
- Related topic Due Diligence of a Forest Company Various – Africa · 2013 A private forest company with 25.000 hectares of plantations in East Africa is looking for investors to expand their plantation area. View project
- Related topic Environmental, Social und Governance-Due Diligence Paraguay · 2019 An international forestry fund identified a brownfield investment opportunity in Paraguay. View project
- Related topic Vendor due diligence of a 70,000 ha forest company South Africa · 2012 View project
- Related topic Environmental & Social Due Diligence of a Teak Plantation Company Ecuador · 2021 An international forestry fund committed to a set of international environmental, social and governance (ESG) standards has identified a brownfield … View project