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The Environmental and Social Policy Framework (ESPF) was adopted by IL&FS Board in May 2008. The framework was implemented across the business canvas in a phased manner selecting 100% subsidiary companies.

A Corporate Environmental and Social (E&S) Cell (now Called Corporate Sustainability Cell) was created for overall guidance, advice and coordination related to the ESPF. This function was outsourced to EMC between 2009 to 2013. EMC continued to support the Group Companies and IL&FS Corporate in implementation of ESPF for FY 2014 as well. The framework has subsequently been customized and implemented at eleven subsidiary companies of IL&FS since April 2009.

The subsidiary companies include various business types like project implementation, private equity, lending and advisory services across sectors like road, power, ports, water supply, waste management, real estate, growth capital to name a few.

Support for Implementation of Environmental and Social Policy Framework (ESPF) at IL&FS Corporate and 7 subsidiary companies
Support for Imp...
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Support for Implementation of Environmental and Social Policy Framework (ESPF) at IL&FS Corporate and 7 subsidiary companies