Ejada conducted ESG sustainability audits of Binan Solar Park against the IFC Performance Standards — the environmental and social benchmark that international lenders apply to project finance.
The audits were commissioned separately by two clients holding positions in the asset, Catalyst Investment Management and Phoenix Solar, giving each an independent assessment of environmental and social performance against the framework their financing depends on.
Scope
- ESG sustainability audit against the IFC Performance Standards and Sustainability Framework.
- Assessment of environmental and social performance across the asset.
- Independent audits delivered for two separate investing clients.
Key Outcomes
- Audits benchmarked against the IFC Performance Standards
- Independent assessments delivered for two investing clients
- Environmental and social performance verified for a utility-scale solar asset
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