Our Environmental and Socio-economic Responsibility Policy
At Biomass Feedstock we endeavor to make a positive impact on both the environment and the local economic growth in the areas where we work, while striving to create sustainable economic benefits for all stakeholders. Our projects are therefore developed following the relevant standards for environmental protection and economic engagement to ensure a net positive impact, but also to meet every sustainability requirement by which utilities and our other clientele must abide.
IFC Safeguards applied to the Project
We will incorporate the IFC environmental and social safeguards in our project. The applicable safeguards include the IFC Performance Standards on Environmental and Social Sustainability (8), and the Committee on World Food Security (includes World Bank) Principles for Responsible Agricultural Investment that Respect Rights, Livelihoods and Resources, with a special focus on matters of land acquisition and displacement.