Environmental and Social Action Plan definition

Environmental and Social Action Plan means the plan prepared by the Borrower in accordance with Annex 2A (Environmental and Social Action Plan) attached to this Annex 2, which shall indicate the necessary actions, including the allocation of responsibilities and implementation schedule, for the purpose of ensuring that the design, operation, and maintenance of all the Borrower’s facilities, plants, and equipment meet and maintain compliance with the Environmental and Social Standards and Guidelines, the Environmental and Social Legislation and the Sustainability Policy.
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Environmental and Social Action Plan means the document entitled the environmental and social action plan, developed in accordance with the Environmental and Social Policy, reflecting the Contract specific ESHS, and appended to the Requirements.
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Environmental and Social Action Plan or “ESAP” means the environmental and social action plan, agreed upon between Proparco and the Company (which is provided below in Annex A to this Schedule O), defining actions, responsibilities, budgets and a timeframe for the measures required to remedy the known non-compliances of the Company and its Subsidiaries with the Environmental and Social Requirements in the business activities of the Company and its Subsidiaries and the Associated Facilities as amended from time to time.
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Examples of Environmental and Social Action Plan in a sentence

  • If a project involves or consists of existing facilities, then clients are expected to evaluate how to meet the requirements of Performance Standard 3, and seek to improve performance through mutually agreed milestones included in the Environmental and Social Action Plan (ESAP).

  • If these measures do not meet the relevant requirements of this Performance Standard, the client will develop an Environmental and Social Action Plan to complement government action.

  • Action plans may include an overall Environmental and Social Action Plan necessary for carrying out a suite of mitigation measures or thematic action plans, such as Resettlement Action Plans or Biodiversity Action Plans.

  • The loan agreement, in accordance with IFC’s policy to prevent social and environmental damage, included an Environmental and Social Action Plan designed to protect the surrounding communities.

  • The environmental, social, health and safety (ESHS) risks and impacts associated with the Project are limited, generally project-specific and not irreversible, and can be addressed through the implementation of good international practice as provided in the Borrower’s Environmental and Social Action Plan.


More Definitions of Environmental and Social Action Plan

Environmental and Social Action Plan means the Environmental and Social Action Plan attached to the report of the Environmental Advisor delivered pursuant to Section 7.1(f)(vi), together with any updates thereto as may be made from time to time by the Borrower as required or permitted under the P1 Financing Documents.
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Environmental and Social Action Plan means the Environmental and Social Action Plan attached to the report of the Environmental Advisor delivered pursuant to this Indenture, together with any updates thereto as may be made from time to time by the Company as required or permitted under the P1 Financing Documents.
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Environmental and Social Action Plan means the plan developed by the Borrower setting out specific environmental and social measures to be undertaken in connection with the Project, in form and substance satisfactory to the Lenders, as such plan (i) may be updated from time to time to reflect actions taken, (ii) modified from time to time with the prior written consent of the Facility Agent (acting on the instructions of the Lenders), and (iii) modified from time to time to conform to changes in applicable Laws or imposed by the classification society.
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Environmental and Social Action Plan or “ESAP” means the plan agreed to by the Company and IFC and made available to the public from May 28, 2010, a copy of which is attached hereto as Schedule 4. The ESAP sets out specific social and environmental measures to be undertaken by the Company to enable the Projects and any Future Projects to be explored and developed in compliance with the Performance Standards. The ESAP may be amended or supplemented from time to time if mutually agreed in writing by IFC and the Company;
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Environmental and Social Action Plan means the plan developed by the Company, a copy of which is attached as Annex F to this Agreement, setting out specific social and environmental measures to be undertaken by the Company, to enable its Operations to comply with the Performance Standards, as such Action Plan may be amended or supplemented from time to time with the Purchaser's consent, which was publicly disclosed on July 20, 2007.
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Environmental and Social Action Plan means this "Independent review of Ethiopian Railway Project against environmental and social performance standards: Environmental and social action plan";
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Environmental and Social Action Plan. (a) the environmental and social action plan approved by the Intercreditor Agent as a Condition Precedent to the First Advance; and (b) where the Borrower is required to prepare a further environmental assessment under the Safeguards Requirements, then it means such updated and/or new environmental assessment approved by the Intercreditor Agent.
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