Department for International Trade written question – answered am ar 22 Hydref 2019.
Lloyd Russell-Moyle
Labour/Co-operative, Brighton, Kemptown
To ask the Secretary of State for International Trade, what environmental assessment UK Export Finance makes before agreements are made.
Lloyd Russell-Moyle
Labour/Co-operative, Brighton, Kemptown
To ask the Secretary of State for International Trade, what assessment UK Export Finance makes of in-country employment practices of the companies that accept loans from that organisation.
Graham Stuart
Parliamentary Under-Secretary (Department for International Trade)
UK Export Finance (UKEF) is committed to high standards of environmental, social and human rights (ESHR) risk management. It rigorously follows the requirements of the OECD Common Approaches and Equator Principles, which set the framework for export credit agencies and international financial institutions in managing such risks. It has a specialist ESHR team that reviews relevant projects prior to UKEF taking a decision. Supported projects are then monitored by the ESHR team throughout the lifetime of UKEF’s support to ensure compliance with these requirements.
Yes1 person thinks so
No0 people think not
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