Eksportkreditt Norge Adopts the Equator Principles
Oslo, 27 June 2014
Export Credit Norway is following many of its business partners in adopting the Equator Principles, formed to ensure responsibility and sustainability in financing of international projects.
"Many of the international banks we work closely with have adopted the Equator Principles, and the initiative has contributed in raising awareness on social and environmental issues. We therefore see it as a natural step for us to join the initiative," CEO of Export Credit Norway, Jarle Roth says.
Commonwealth Bank of Australia Adopts the Equator Principles
Sydney, 26 May 2014
On 26 May 2014 Commonwealth Bank became a signatory to the Equator Principles. The Equator Principles are a voluntary set of guidelines to assess and manage environmental and social risks in project finance.
The Equator Principles have evolved over time. The third iteration, Equator Principles III, reflects the latest developments in environmental and social risk management practices and associated governance around compliance.
By adopting the Equator Principles III, we further build on our commitment to responsible lending and formalise reporting of our environmental and social risk practices.
For further information go to the Commonwealth Bank website.