Projects

Assessment of compliance with lenders’ requirements (Asian Development Bank) of the environmental and social management system of a heat and power generating company

Client: Almaty Electric Power Plants JSC / Asian Development Bank
Country: Kazakhstan
Project: Assessment of compliance with the Creditor´s requirements (Asian Development Bank) of the environmental and social management system of a heat and power generating company within the framework of a project to allocate financing for the replacement of an old inefficient coal-fired power plant with modern combined cycle gas turbine units located at the Almaty CHP-2 site.
Purpose: to confirm the compliance of the corporate environmental and social management system (in relation to the project) with the objectives, principles and requirements of the lender´s applicable standards.

The lenders’ requirements include:

  • Applicable local, national and international environmental and social (including occupational health and safety) legislation;
  • ADB´s Safeguard Policy Statement (SPS), 2009;
  • Social Protection Strategy (ADB), 2001;
  • Policy on Gender and Development (ADB), 1998.
  • Access to Information Policy (ADB), 2019;
  • ILO Conventions governing basic labor standards and basic conditions of employment;
  • Prohibited Investment Activities List (PIAL) (ADB SPS 2009),
  • Environmental, Health, and Safety (EHS) Guidelines (WBG), April 2007;
  • Applicable WBG guidelines for the industrial sector, including guidelines for power plants (April 2007)
ENSOR approach:

During the assessment of the corporate environmental and social management system of JSC ALES, the following activities were performed:

  • Formal verification of documents: a request for initial data, analysis of the received documents, as well as data placed in the public domain;
  • Visit to the Company's head office in Almaty to verify the conclusions made on the basis of analyzing the information provided at the formal verification stage;
  • Preparation of a summary report in English and Russian describing the conclusions/observations regarding the Company's existing procedures, identified gaps and justification of the conformity assessment rating.
Result:

Based on the results of the compliance assessment of the corporate environmental and social management system (ESMS), ENSOR prepared a report with conclusions regarding the compliance of the ESMS with ADB requirements, as well as a corrective action plan recommended to address identified gaps and achieve full compliance. The plan includes a schedule of activities, their prioritization level, and the expected result (implementation indicator)
4.EHS / ESG support of transactions and investment projects 6.Environmental and Social Management Systems