Our Social Responsibility

The Corporate Social Responsibility approach is vital for AFD Group. It entails high demands concerning social matters, the environment, ethics, respect for human rights, the fight against corruption, and transparency.
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Since 2005, AFD has been developing and implementing a Corporate Social Responsibility (CSR) approach, in both its internal operations and its financing. For the 2018–2022 period, AFD Group has adopted a new social responsibility policy that comprehensively covers all of its direct and indirect impacts.

Our CSR Policy

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In 2018, AFD Group adopted a new social responsibility policy for the 2018–2022 period. This policy covers its direct and indirect impacts comprehensively.
AFD publishes an annual CSR report to communicate on this approach and its outcomes and to improve dialogue with its partners on the topic.

This report applies the technical guidelines of the Global Reporting Initiative (GRI4), ISO 26000, Global Compact, and the French law on transparency obligations for enterprises in social, environmental, and societal matters.

THE SUSTAINABLE DEVELOPMENT ANALYSIS AND OPINION MECHANISM

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AFD’s Sustainable Development Analysis and Opinion Mechanism was created as part of the Group’s 2018–2022 Strategy, whose aim is to make sustainable development a shared point of reference for AFD’s operational activities. The mechanism, which underwent a pilot phase in 2013 and has been fully operational since 2014, is a response to AFD Group’s CSR commitments.

The purpose of the mechanism is to facilitate horizontal consideration within AFD of sustainable-development issues in the operations we finance. It includes the following:

  • An analysis of project impact on the various dimensions of sustainable development, carried out by the teams in charge of identifying and examining those projects. This ex-ante analysis, which uses a qualitative approach, incorporates the Sustainable Development Goals (SDGs) and the Paris Agreement on the climate.
  • A “sustainable-development opinion” made by an entity independent from the Operations Department, with the purpose of clarifying the decision made by the AFD bodies. A sustainable-development opinion is given for all AFD operations, with the exception of global budget support, operations of small amounts (less than €1.5 million in grants or €5 million in loans) guarantees, and fund delegation without AFD cofinancing.

The Sustainable Development Analysis and Opinion Mechanism is also a tool for dialogue in the process of working out projects. By involving the project counterparts, it seeks to stimulate questioning and help ensure that the impacts that projects may have on sustainable development are taken into account as far upstream as possible.