The Equator Principles are a voluntary set of standards adopted by financial institutions for determining, assessing and managing social and environmental risks in project-related transactions.
The reporting period for data and implementation is from 1 January 2015 to 31 December 2015.
During this period, we completed 5 Project Finance transactions and 2 Project Finance Advisory Service mandates. No Project-Related Corporate Loans reached final close in 2015.
All transactions that fall within the scope of EPIII undergo an initial environmental and social risk screening conducted by the business. Additionally, such transactions are subject to enhanced due diligence by our ESE Risk Advisory team. The outcomes require sign off by senior risk managers (under delegated authority) or Committee (comprised of senior business executives and senior representatives from control functions including Credit Risk, Legal, Compliance and ESE Risk).