Clear rules. Shared accountability.

The Vara Mada project is guided by clear standards, transparent processes, and defined responsibilities.

Governance ensures that decisions are made responsibly — and that commitments are followed over time.

Normative pillars

IFC Performance Standards

The project follows internationally recognized environmental and social standards developed by the International Finance Corporation. These standards guide risk management, community engagement, and environmental protection.

Equator principales

The project aligns with the Equator Principles Association, used by financial institutions to assess environmental and social risks.They ensure that projects are developed responsibly and transparently.

Human rights

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Accountability

Governance is not only about standards — it is about responsibility. The project operates with clear roles, defined oversight, and continuous reporting to ensure that commitments are respected over time.

Compliance

The project operates under:Malagasy law U.S. regulations International standards Compliance ensures that operations meet legal requirements and are subject to oversight at multiple levels.

Ethics

Ethical conduct is expected at all levels of the project.This includes:zero tolerance for corruption responsible decision-making respect in all interactions with communities and stakeholdersHow things are done matters as much as what is done.

Raising concerns

Communities and stakeholders must be able to raise concerns safely and be heard.The project provides clear channels to express questions, concerns, or complaints.