7 fundamental practices for sustainable livestock operations
There are seven fundamental practices that inform IFC investments in livestock and aquaculture projects. These practices must underpin a client’s operations, and IFC works with clients to help them transition to operations that follow these practices during the course of the investment.
The goal is to ensure that IFC investment projects are aligned with these seven practices within three years of the investment, with the exception of Practice 7, which must be adhered to from the outset. This due diligence process and action plan is recorded in IFC’s Environmental and Social Review Summary (ESRS), which produces an Environmental and Social Action Plan (ESAP).
- Implement robust animal health management and biosecurity protocols
- Implement prudent and responsible use of veterinary antimicrobials and medicines
- Implement animal welfare management systems codified by credible standards
- Promote decarbonization pathways and enhance the climate resilience of operations
- Prevent the loss of biodiversity
- Provide safe food
- Respect relevant national laws and regulations
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