Environmental and Social Standards
eeef aims to conduct its operations in line with the highest expectations regarding social and environmental responsibility. eeef's Social and Environmental Management System (SEMS) defines the respective roles and responsibilities of the Fund and its Partner Institutions in promoting social and environmental sustainability.
In general, these are in accordance with the European Investment Bank Statement on Environmental and Social Principles and Standards.
For both types of investments - Direct and Financial Institution Investments - the eeef SEMS have specific performance requirements and procedures which are applied. Compliance with these is assessed during the due diligence process and monitored later on during the lifetime of the project.
Please refer for eeef's holistic SEMS approach below