IISD Model Contract Clauses for Responsible Investment in Agriculture:

Customizable legal provisions to help implement international best practices, principles, and guidance on responsible agricultural investment

55. Reporting

 

55.1 The Company shall at all times comply with the requirements of the Applicable Law in respect of reporting on its financial and operational activities, in addition to the reporting requirements provided for under this Agreement in respect of:

(a) the implementation of the Annual Business Plan, per Section 12.5;

(b) the implementation of the Environmental and Social Management Plan (ESMP) and Human Rights Due Diligence Report, per Section 16.4;

(c) the status of the Company’s achievement of the Job Targets, per Section 28.12;

(d) the implementation of the Training and Skills Development Plan, per Section 29.4;

(e) the annual health and safety report, per Section 32.7;

(f) the implementation of the Contract Farming Scheme, per Section 35.7;

(g) the status of the Company’s achievement of the Processing Targets, per Section 36.2;

(h) the value of Local Goods and Services procured for the purposes of the Project, per Section 37.5;

(i) the implementation of the Community Development Agreement, per Section 38.6;

(j) the Company’s continuous improvement in production methods for climate change adaptation and mitigation, per Section 39.6;

(k) the Scope 1 and 2 [and 3] greenhouse gas emissions generated by the Project, per Section 40.1;

(l) the provision of technical support and capacity development under Section 40.4;

(m) the Project’s water use, per Section 41.8; and

(n) the Project Area Soil Quality Indicators, per Section 42.2.

55.2 The Authority reserves the right to issue a reporting template document for use by the Company in complying with its obligations under this Section. In the absence of such a template document being issued, the Company may, subject to the Applicable Law and this Section, use its discretion in the format of the report and may consolidate multiple reporting obligations into a single report or several reports.

55.3 All reports required under this Agreement shall be submitted in [insert language] and shall be of a writing style, level of technicality, length, and format that facilitates comprehension by a layperson with knowledge of the Project.

55.4 All reports required under this Agreement shall use Gender-Disaggregated Data.

55.5 The Authority reserves the right to [issue page number limits]/[impose an administrative handling fee calculated on a per-page basis] for each report required under this Agreement.

55.6 The Grantor [and Authority] reserve(s) the right to provide any report submitted by the Company under this Agreement to a third party for independent verification of the underlying data contained in that report.


For more information: See generally IISD, 2014, Section 16.2 (Reporting, Monitoring, and Implementation); Aizawa & Mann, 2021, Section 5.3 (From Enforcement to Compliance Promotion: Monitor and Report on Project Performance and Material Events); UNIDROIT & IFAD, 2021, Chapter 4.V.B.2 (Reporting and Transparency).

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