We have a robust due diligence framework for both environmental impacts and human rights impacts at EDC. Every transaction we support needs to go through this process. We take a risk-based approach and we prioritize transactions that have the potential of having severe human rights risks or impacts for further due diligence. We do the same for environmental issues.
EDC assesses the capacity of our customers to manage human rights risks and impacts. We use our leverage, whenever we can, to influence the actions of our customers to prevent and mitigate their human rights impacts on the ground. When higher residual risks are identified in a transaction, we will track and monitor the human rights performance of our customers.
EDC also plays a role in enabling remediation based on its connection to the harm. We do this for transactions in the mining sector, just like in every other sector that we support at EDC.