Complaint > Amaggi Expansion-01/IFC Executive Vice President Request

Compliance Report: English

...request from the EVP2 of the IFC, for the CAO to audit IFC’s environmental categorization3 of the Amaggi Expansion Project in Brazil (IFC Investment number 22561). Annex 1 is a copy of the EVP’s request. The CAO is the independent recourse mechanism for the IFC and Multilateral Investment Guarantee Agency (MIGA), and reports directly to the President of the World Bank Group. In accordance with its Operational Guidelines4, the CAO screened the audit request against its appraisal criteria and acce...

Complaint > Amaggi Expansion-01/IFC Executive Vice President Request

Management Response: IFC Response to CAO Audit Report, November 4, 2005

...request our client to undertake further studies, we collaborated with them in their pioneering efforts to establish the basis of what we hope will become a sector wide soy certification scheme. In our recent supervision IFC rigorously reviewed the Company's ESMS, in line with our commitment to the CAO, to ensure that it is sufficiently comprehensive to meet IFC's requirements. The main findings of this supervision visit are that: • The Company has continued to work closely wit...