Environmental and Social Management System or “ESMS” means the part of the overall management system of the Borrower that includes the relevant policies, organizational structure, planning activities, responsibilities, practices, procedures and resources for developing, implementing, achieving, reviewing and maintaining compliance with the Environmental and Social Requirements and which is dedicated to the structural improvement of the environmental and social performance of the Borrower, satisfactory to FMO.
Environmental and Social Management System means the overarching environmental, social, health and safety management system (which term may refer to the system for the construction phase of the Project or the system for the operational phase of the Project, or to both systems collectively, as the context may require) as described in system manuals and related source documents, including policies, management programs and plans, procedures, grievance mechanisms, requirements, performance indicators, responsibilities, training and periodic audits and inspections with respect to Environmental and Social Matters designed to identify, assess and manage risk in respect to the Project on an ongoing basis.
Environmental and Social Management System means the part of the overall management system of the Obligors that includes the relevant policies, organisational structure, planning activities, responsibilities, practices, procedures and resources for developing, implementing, achieving, reviewing and maintaining compliance with the environmental and social requirements under this Agreement, dedicated to the systematic and structured improvement of environmental and social performance, specifically targeted to identify and manage environmental and social risks relating to the business of the Obligors and its Affiliates and assuring compliance with the provisions of Annex 1 (AFC Exclusion List), satisfactory to the Lenders.
Examples of Environmental and Social Management System in a sentence
The Supplier must comply with its obligations, if any, under the SPREP Environmental and Social Management System (ESMS).
Environmental and Social Management System or ESMS means a set of policies, procedures, tools, and capacities to identify and manage the environmental and social risks, of the compact activities, which may include environmental and social management plans.
Company shall develop an Environmental and Social Management System (ESMS) covering both construction and operation phases.
As described in Section 4.7, Blue Action maintains an Environmental and Social Management System (ESMS).
Environmental and Social Management System or ESMS means a set of policies, procedures, tools and internal capacity to identify and manage an institution's exposure to the environmental and social risks of its clients, investees or stakeholders.
More Definitions of Environmental and Social Management System
Environmental and Social Management System or “ESMS” means the environmental and social management system, adopted by TKYB to identify, assess, manage and monitor the environmental and social risks and impacts of Subprojects, that has been assessed by the Bank to be satisfactory in accordance with the Environmental and Social Standards.
Environmental and Social Management System means the part of the overall management system of the Company and its Subsidiaries that includes the organisational structure, planning activities, responsibilities, practices, procedures and resources for developing, implementing, achieving, reviewing and maintaining compliance with the Environmental and Social Requirements and which is dedicated to the structural improvement of the environmental and social performance of the Company and its Subsidiaries satisfactory to Proparco.
Environmental and Social Management System means the Borrower’s system to identify, assess, manage, and monitor the environmental and social risks and impacts of the activities under ILBANK’s Respective Parts of the Project on an ongoing basis, taking into account the national laws and regulations and the requirements of the World Bank.
Environmental and Social Management System and the acronym “ESMS” means systematic process for identifying, assessing and managing environmental and social risks and impacts associated with activities under Parts 3(a) of the Project and managing exposure to such risks and impacts by SBP and PFIs in a manner that enables the Eligible Microfinance Investments to meet Applicable Environmental and Social Requirements; which systematic process contains the following core elements: (a) adequate environmental and social policies and procedures prepared by SBP, as amended from time to time; (b) a customized ESMS prepared and implemented at the PFI’s level; (c) adequate environmental and social assessment and management systems implemented by Micro- Borrowers and SMEs in accordance with the relevant regulations of the Recipient and the Applicable Environmental and Social Requirements; and (d) adequate capacity within SBP, PFIs, Micro-Borrowers and SMEs to develop and maintain adequate policies, procedures, organizational structure, budget, and capacity for identifying, managing, monitoring, and reporting on risks and impacts of activities under Parts 3(a) of the Project.
Environmental and Social Management System or “ESMS” means the system, acceptable to the World Bank, prepared and adopted by the Borrower, setting forth, inter alia, measures to be taken to implement effective measures for environmental and social risk management and to enhance the Borrower’s environmental and social management systems, capacity and performance; as said ESMS may be modified from time to time with the prior written agreement of the World Bank, and such term includes any schedules or annexes to the ESMS.
Environmental and Social Management System means an environmental and social management system to be adopted, with ADB’s prior approval, and implemented by each FI and with the PMOs fulfilling the roles assigned to them in the ESMS, in accordance with the template ESMS provided by ADB or a simplified version to be adopted, with ADB’s prior approval, by an RFSP;
Environmental and Social Management System means the environmental and social management system to be adopted by Weza Power as indicated in the ESAP.