Environmental & Social Policy

CHANNEL LINK ENTERPRISES FINANCE PLC invests in renewable energy projects in developing countries, which seek to make positive environment and social impacts. CHANNEL LINK ENTERPRISES FINANCE PLC recognises the obligation to protect people and the environment from being adversely impacted by our business; this also guarantees the sustainable growth of our operations.

CHANNEL LINK ENTERPRISES FINANCE PLC is committed to:

  • Provide skills and resources to mitigate the potential impact of our business on the environment, workers, communities and society, while maximising potential benefits.
  • Implement the Environment and Social Management System across all investments, monitor for continuous improvements and report transparently.
  • Fulfil the requirements of relevant environmental and social legislation with a mandate to go beyond compliance and achieve best practices.
  • Provide and maintain safe and healthy working conditions for all workforces, through adequate management, controls, competence and training.
  • Achieve a balance among the sustainable pillars, Social, Environment and Economic, in the decision-making process when appraising investments.
  • Strive to protect human rights, in line with the UN Guiding Principles on Business and Human Rights, taking all reasonable steps to ensure that all types of modern-day slavery, including forced labour and human trafficking, have no part in our business under any circumstance.
  • A fair and transparent recruitment process, free of any form of discrimination, seeking to offer equality of opportunity, and that appropriately takes into consideration local conditions.
  • Reinforce the institutional mandate with competent environmental and social capacity to manage impacts and risks associated with our investments.

 

The CHANNEL LINK ENTERPRISES FINANCE PLC Executive is responsible for ensuring that this Policy is implemented. This Policy is communicated to all CHANNEL LINK ENTERPRISES FINANCE PLC staff and our subsidiaries.

Empowering lives and positively impacting communities

Management of Environmental and Social (E&S) aspects is vital to deliver economically sound investments that have long-term value for our stakeholders and shareholders. CHANNEL LINK ENTERPRISES FINANCE PLC is committed to ensuring that investments do not adversely impact the local community and the environment and have lasting E&S benefits. Integrating E&S in our business model allows us to adapt to a changing environment and society standards.
E&S management is undertaken by our in-house

E&S Managers through in-depth diligence on the environmental, social, health and safety criteria of each of our investments during the investment appraisal process.

Our well-structured Environmental and Social Management System (ESMS) ensures that we maintain compliance with our standards. We monitor E&S performance through regular site visits, discussions, reporting, tracking and capacity building. Upon exit, we ensure that our investee companies have an ESMS in place that not only ensures risks and opportunities will be managed in the future but also prides us with a positive reputation of delivering good sustainable projects.