Proparco Buyback Events Sample Clauses
Proparco Buyback Events. Business Relationship • The existence of a Business Relationships with persons or entities which appear on any of the Financial Sanctions Lists. • The Company or the Sponsor finances, buy or provides, materials or sectors subject to United Nations, European Union or French Embargo and/or shall not engage in any sectors under United Nations, European Union or French Embargo. Illicit Origin of Funds • The Company’s and each of its Subsidiary’s equity, quasi equity and shareholders loans’ accounts are of Illicit Origin. Corruption • The Company’s and each of its Subsidiary’s activities has been involved in Corrupt Practice, Fraudulent Practice or Anti-Competitive Practices. ANNEX A TO SCHEDULE O PROPARCO ENVIRONMENTAL AND SOCIAL ACTION PLAN Item Nr. Measure and/or Corrective Actions Responsibility Deliverable (Report/Measurement/Document) Deadline
1. PS 1: Assessment and Management of Environmental and Social Management Risks and Impacts
1.1. Develop a comprehensive Social Baseline Survey procedure for assessing in details the land acquisition process including past land occupation and potential physical and/or economical resettlements that may have occurred as result of project settlement. To be included in the future ESIA reports. SHES department Detailed social baseline survey procedure 3 months after the signing date
1.2. Reinforce the ESIA studies regarding earth movement management and water management SHES department Futurer ESIAs On-going action
2. PS 3: Resource Efficiency and Pollution Prevention
2.1. Update the monitoring procedure to include the monitoring and recording of water consumption SHES department Monitoring procedure including water consumption monitoring. 3 months after the signing date ANNEX B TO SCHEDULE O ENVIRONMENTAL AND SOCIAL EXCLUSION LIST
1) Production or trade in any product or activity deemed illegal under host country laws and France or regulations or international conventions and agreements.
2) Production or activities involving forced labour9 or child labour10
3) Trade in wildlife or wildlife products regulated under CITES11
4) Drift net fishing in the marine environment using nets in excess of 2.5 km in length.
5) Destruction12 of Critical Habitat13 and any forest project under which no sustainable development and managing plan is carried out.
6) Production or use of or trade in hazardous materials such as asbestos fibers and products containing PCBs14.
7) Production, use of or trade in pharmaceuticals, pesticides/herbici...
Proparco Buyback Events. Business Relationship
