Aceli Africa believes that environmental, social, and governance (ESG) standards can have a positive impact on the performance of both lenders and their agricultural SME borrowers and should therefore be integrated into the policies and practices of these actors. We require our partner lending institutions to commit to and practice ESG standards that meet or exceed Aceli Africa’s ESG standard outlined in our policy, which has been newly revised and takes effect on May 1, 2022.
This ESG policy applies to all lenders seeking to participate in Aceli Africa’s financial incentive program. The policy is complementary with the governing laws and regulations for environmental and social practices in each country. Lenders participating in the Aceli financial incentive program are expected first and foremost to comply with laws in each country where the lender is operating and, secondarily, to comply with Aceli’s ESG policy by meeting or exceeding the ESG due diligence criteria related to underwriting and managing any loans that are submitted to Aceli for financial incentives.