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Definition

The overarching environmental, social, health, and safety management system that may be applicable at a corporate or project level. This system is designed to continuously identify, assess, and manage risks and impacts throughout the project implementation and project operations phases. It consists of manuals, policies, management programs and plans, procedures, requirements, performance indicators, responsibilities, training, periodic audits, inspections, and related source documents. It is the overriding framework by which an environmental and social management plan (ESMP) is implemented. 

Source(s)

Adapted from Equator Principles Association (EPA), "The Equator Principles 4," 2020, View the PDF.