IFC

The International Finance Corporation (IFC) is an affiliate of the World Bank.

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Company response
17 January 2019
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Article
15 January 2019

Dutch development bank publishes its first human rights progress report

Author: FMO (The Netherlands)

"Human Rights: An integral part of our investment approach - Human rights progress report", 18 Dec 2019...

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Article
11 December 2018

Corporate Legal Accountability Quarterly Bulletin - Issue 29, December 2018

Author: Business & Human Rights Resource Centre

Welcome to our Corporate Legal Accountability Quarterly Bulletin -- highlighting a specific topic each quarter, as well as key developments in corporate legal accountability......

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Article
3 December 2018

Honduras: Seven found guilty in Berta Cáceres' murder were paid by DESA co. - but masterminds & politicians escape justice so far

Author: Nina Lakhani, The Guardian (UK)

"Berta Cáceres: conviction of killers brings some justice, but questions remain", 01 Dec 2018...

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Story
3 December 2018

Mauritius allegedly being used by companies as tax haven to shift profits away from Africa; Malawi Mangoes denies allegations

An article by the Foreign Policy alleges that Malawi Mangoes has been using Mauritius as a tax haven to avoid paying taxes in Malawi. The Business and Human Rights Resource Centre invited Malawi Mangoes to respond to the allegations. The company stated...

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Report
29 November 2018

Intl. Finance Corporation making progress on reducing exposure to coal, must now address other fossil fuels

Author: Kristen Genovese, Marian Ingrams and Kate Geary, Bank Information Center Europe and Centre for Research on Multinational Corporations (SOMO)

"...The IFC has transformed the way it lends over the last decade since the fnancial crisis, shifting from fnancing projects directly to investing via third parties, such as commercial banks or private equity funds. This form of ‘hands-off’ lending...

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Article
13 November 2018

Intl. Finance Corporation’s position statement on reprisals against defenders supported by Defenders in development coalition

Author: Coalition for Human Rights in Development (USA)

"Release: Defenders in Development Campaign Welcomes IFC Position Statement on Reprisals", 12 Nov 2018...

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Article
7 November 2018

Commentary: US Court ruling on Intl. Finance Corp. immunity from lawsuits could have limited impact even if decided in favour of the plaintiffs

Author: Sasha Chavkin, International Consortium of Investigative Journalists

"Indian fishing community tests World Bank immunity before US Supreme Court", 1 Nov 2018...

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Article
1 November 2018

US Supreme Court likely to back Intl. Finance Corp. in case challenging its immunity from lawsuits

Author: Lawrence Hurley, Reuters

"U.S. top court mulls pollution dispute over power plant in India", 31 Oct 2018...

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Story
23 October 2018

International Finance Corporation launches draft impact investment operating principles for consultation

Investors are increasingly incorporating impact investments – investments with the intent to contribute to measurable positive social, economic, or environment impact – into their portfolios. Despite this increased interest, to date there has been no...

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