Concept
Concept IA Impact Assessment
Managing commercial real estate projects' social, cultural, and economic impacts can help reduce poverty and inequality.
3 objectives · 14 activities
IA01. Contextual Analysis
7 activities- IAa1.1 Establish project understanding and governance framework Driver
- IAa1.2 Gain a good understanding of the communities likely to be affected by the project by preparing a Community Profile Driver
- IAa1.3 Map the proposed project value chain Driver
- IAa1.4 Identify and scope the likely social and human rights impacts of the commercial real estate project Driver
- IAa1.5 Determine the 'social area of influence' by identifying the likely impacted parties Driver
- IAa1.6 Create a reliable, credible, equitable, and efficient impacted party engagement plan Driver
- IAa1.7 Assemble relevant baseline data for key social issues Driver
IA02. Impacted Party Engagement
5 activitiesEnsure that impacted parties' views, concerns, and values are considered to increase their well-being.
- IAa2.1 Fully inform community members about the project and likely impacts Impact
- IAa2.2 Collect feedback from impacted parties Driver
- IAa2.3 Develop and implement ways of addressing impacts Driver
- IAa2.4 Establish a community grievance mechanism for direct reporting of complaints to the Owner Driver
- IAa2.5 Draft and publish the Social Impact Management Plan (SIMP) Driver
IA03. Monitoring + Evaluation
2 activitiesTo implement adaptive management so that projects remain responsive to changing circumstances and unforeseen challenges and decrease negative social impacts.