The Cross-Sector Biodiversity Initiative (CSBI) is a partnership between IPIECA, the International Council on Mining and Metals (ICMM) and the Equator Principles Association to develop and share good practices related to biodiversity and ecosystem services in the extractive industries.
The initiative supports the broader goals of innovative and transparent application of the mitigation hierarchy in relation to biodiversity and ecosystem services.
The vision and mission of the initiative are presented in the Charter, developed and released by the partner associations in 2013.
The CSBI program of work is divided into two main work streams:
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Find out more about CSBI’s governance.
The Equator Principles (EPs) is a risk management framework, adopted by over 75 financial institutions globally, for determining, assessing and managing environmental and social risk in projects and it and is primarily intended to provide a minimum standard for due diligence to support responsible risk decision-making.
IPIECA is the global oil and gas industry association for environmental and social issues. It develops, shares and promotes good practices and knowledge to help the industry improve its environmental and social performance; and is the industry’s principal channel of communication with the United Nations.
Through its member- led working groups and executive leadership, IPIECA brings together the collective expertise of oil and gas companies and associations. Its unique position within the industry enables its members to respond effectively to key environmental and social issues.
The International Council on Mining and Metals (ICMM) was established in 2001 to act as a catalyst for performance improvement in the mining and metals industry.
It brings together 21 mining and metals companies as well as 33 national and regional mining associations and global commodity associations to maximize the contribution of mining, minerals and metals to sustainable development.