ASN Bank Adopts Equator Principles
The Hague, 25 November 2009
On 25 November 2009, ASN Bank adopted the Equator Principles. This means that, from now on, the bank will also assess the projects in which it invests using the Equator Principles and the social and environmental criteria in the International Finance Corporation (IFC) Performance Standards. ASN Bank has applied its own sustainability criteria in the selection of investments for years. The reason ASN Bank adopted the Equator Principles is that it invests in increasingly larger projects. The Equator Principles apply specifically to all new project financings globally with total project capital costs of US$10 million or more, and across all industry sectors.
CAIXA Econômica Federal Adopts the Equator Principles
Brazil, 18 November 2009
Social Environmental impacts will be taken into account in credit Caixa Econômica Federal has formally adopted the Equator Principles – a set of environmental and social benchmarks for managing environmental and social issues in development project finance globally. The principles were modelled on the environmental standards of the World Bank and the social policies of the International Finance Corporation (IFC).
ABSA adopts Equator Principles
South Africa - 22 October 2009
Absa has confirmed its commitment to environmental sustainability by announcing that the bank has adopted the Equator Principles. This formally qualifies Absa as an Equator Principles Financial Institution (EPFI) and puts the bank in step with the world's top financial institutions, including principal shareholder, Barclays.
- FirstRand Adopts the Equator Principles
- Fortis Bank Nederland Adopts Equator Principles
- Access Bank Adopts the Equator Principles
- Banco Santander, S.A. formally adopts the Equator Principles
- EFIC Adopts the Equator Principles
- Standard Bank Group Adopts Equator Principles for Project Finance Initiatives
- Arab African International Bank The First Egyptian Bank to Adopt the ‘Equator Principles’