In essence, they are a process or checklist. The Equator Principles refer directly to the IFC Performance Standards and borrowers from an EPFI must demonstrate compliance.

Review of IFC Performance Standards and Sustainability Policy. Recommendations from Oxfam International. As the International Finance Corporation (IFC) reviews its 2006 Performance Standards and ...

When in 2006, the International Finance Corporation devised a set of social and environmental standards to govern its lending activities, some said these would limit the IFC’s capacity to expand.