ESG Assessment of PPP Projects

ESG Assessment of PPP Projects and Preparation of an Opinion under Resolution No. 720

A comprehensive assessment of environmental, social, climate and governance risks for the Public-Private Partnership Project Assessment Document

HPBS helps public partners, private project initiators, investors and project consultants prepare a well-substantiated ESG section of the PPP Project Assessment Document. The analysis focuses on identifying material risks and impacts, assessing the applicability of international standards, comparing alternatives and preparing a consultant’s opinion for the “General Conclusions” section.

The regulatory basis is Clause 13 of Section III of Annex No. 2 to Resolution No. 720 of the Cabinet of Ministers of the Republic of Uzbekistan dated 30 October 2024. This provision calls for the inclusion of opinions from engaged consultants on whether risk assessment and management comply with international ESG standards, as well as conclusions on the advantages, disadvantages and optimal option for implementing the project.

Our Services Include

1. Project Analysis and ESG Screening

Review of project documentation, sites, implementation stages and participants; identification of material environmental, social, climate and governance risks; preliminary categorisation and assessment of data availability.

2. Assessment of Environmental and Climate Impacts

Identification of risks related to pollution, waste, water and energy consumption, and impacts on biodiversity; analysis of greenhouse gas emissions and climate resilience in line with the scope of the assignment.

3. Assessment of Social Risks and Safety

Analysis of working conditions, occupational health and safety, impacts on communities, accessibility, inclusivity, land use, stakeholder engagement and grievance mechanisms.

4. Governance Assessment and Alignment with International Frameworks

Analysis of role allocation, contractor oversight, management and reporting systems; assessment against the applicable IFC Performance Standards and/or the requirements of financing institutions; preparation of a gap register.

5. Comparison of Implementation Options

Assessment of the material ESG advantages, disadvantages and risks of alternatives: sites, technologies, design solutions, and arrangements for construction and operation. Preparation of recommendations for selecting the optimal option.

6. Management Measures, KPIs and ESG Opinion

A matrix of risks and actions identifying responsible parties; proposals for ESG KPIs and monitoring; a consultant’s opinion for the “General Conclusions” section of the PPP Project Assessment Document.

Deliverables

• A matrix of material ESG risks and proposed measures for prevention, minimisation and control.
• A matrix of ESG impacts, advantages and disadvantages of the implementation options considered.
• An assessment of alignment with relevant international frameworks and a list of gaps requiring further work.
• A consultant’s ESG opinion for inclusion in the PPP Project Assessment Document pursuant to Clause 13 of Annex No. 2 to Resolution No. 720.
• Recommendations on the allocation of responsibilities, KPIs, monitoring and further surveys, where required.

Our Approach and Standards

Depending on the objectives and sources of financing, the assessment may use IFC Performance Standards (PS1–PS8), the requirements of the relevant international lender, environmental and social management principles and, for buildings, energy efficiency and sustainable design criteria. The list of applicable standards and the depth of the assessment are agreed before work begins; the final opinion reflects compliance that has actually been verified, rather than declaring it automatically.

Work Stages

Collection and analysis of baseline data → ESG screening and risk assessment → comparison of options and gap analysis → development of management measures → preparation and agreement of the ESG opinion.

Scope Limitations

The preliminary comprehensive ESG assessment does not constitute an environmental impact assessment (EIA) under national procedures, an opinion issued following a state environmental expert review, or a full Environmental and Social Impact Assessment (ESIA). Where necessary, such work, field studies, public consultations, special permitting and extended due diligence for lenders are undertaken separately by relevant specialists and partners.

Request a Commercial Proposal

Send us a description of the PPP project, the location and number of sites, the stage of preparation, a list of existing studies, the intended source of financing and the timeline. HPBS will define the scope of the assessment, the required input data, the deliverables and the commercial terms.

Submit your enquiry by email at info@hpbs.uz or by phone at +998 90 826 71 83.

Additional Information:

• Project: Korzinka
• Article: https://hpbs.uz/en/projects/korzinka-sertifikatsiia-edge/