Environmental & social policies
How we manage environmental and social risk across our business, our partners and our supply chain.
How we manage environmental and social risk across our business, our partners and our supply chain.
We build environmental and social (E&S) considerations into every part of our business, from the equipment we buy to our governance and internal operations, through our Environmental and Social Management System (ESMS).
Screen and assess E&S risks for the developers and EPCs we finance, to limit harm to people, communities and the environment.
Carry out due diligence on the equipment manufacturers (OEMs) we buy from, including ESG questionnaires and waste and recycling requirements.
Apply whichever is stricter in each market: national law, the IFC Performance Standards, or the relevant development finance institution (DFI) standard.
Maintain a safe and inclusive workplace that is free from discrimination and harassment, and report openly on our E&S performance.
Our Board reviews our E&S performance every year, our Investment Committee signs off on every procurement transaction, and a dedicated E&S Manager runs day-to-day implementation. Anyone affected by our operations can raise a concern through our Grievance Mechanism.
Odyssey procures equipment for EPCs from original equipment manufacturers (OEMs), and before we work with either, we carry out environmental and social due diligence in proportion to the risk. We screen developers and EPCs deal by deal and ask for the E&S policies, health and safety measures and project plans that match each deal’s risk category. Every OEM goes through mandatory onboarding and ongoing monitoring for issues such as forced or child labour and corruption. Where we find gaps, we agree an action plan to close them, and we publish templates and guidance on our E&S Templates page to help.
Before any other due diligence begins, we screen every prospective transaction against our Exclusion List, and anything on it is ineligible for Supply Chain Credit wherever it takes place. The list follows the IFC and EDFI exclusion lists, plus our development finance partners’ lists where they apply, and the strictest one always wins. It rules out activities such as forced or child labour, damage to protected areas or Indigenous Peoples’ land without their consent, and fossil fuels, weapons and tobacco. It also adds solar-specific exclusions, such as equipment from suppliers with confirmed forced-labour violations. We review the list every year, and the full version is in our ESMS Manual, available on request.
Anyone affected by or involved with our operations, including employees, EPCs, developers, OEMs and other partners, can raise a concern through our Grievance Submission Form (anonymously if you prefer), by emailing grievance@odysseyenergysolutions.com, or by telling your Odyssey point of contact. If you give us your contact details, we’ll confirm receipt within 5 working days, and we aim to resolve most cases within 21 days, with the option of a formal review if you’re not satisfied. We treat all grievances confidentially and do not tolerate retaliation against anyone who raises a concern in good faith. Trained staff handle cases of gender-based violence, harassment, or sexual exploitation and abuse as high priority, and the full GRM Manual is available on request.
We respect human rights and fair labour practices in our own work, and we expect the same of the developers, EPCs and OEMs we finance. We exclude any counterparty or transaction involving forced or harmful child labour, and we assess partners against IFC Performance Standard 2 on employment terms, non-discrimination and health and safety. We have zero tolerance for discrimination, harassment and gender-based violence, and we handle any incident with a survivor-centred approach. Anyone can raise a concern through our Grievance Mechanism without fear of retaliation, and our approach follows the ILO Core Conventions and the UN Guiding Principles on Business and Human Rights.
We want the EPCs, developers, OEMs, and all partners we work with to build strong environmental and social practices of their own — not just meet ours. That’s why we provide a library of E&S templates for informational purposes only, which do not constitute professional or legal advice, and do not create any obligation, warranty, or liability on Odyssey’s part with respect to a counterparty’s E&S performance, covering areas like Environmental and Social Management Plans, Waste Management Plans, stakeholder engagement, occupational health and safety, and grievance handling. Partners can adopt and adapt these templates to close gaps identified during due diligence, or simply to strengthen their own E&S management as they grow. Find a full suite of templates below.
