The Equator Principles Association Hosts 2013 Annual Meeting And Equator Principles Workshop In Tokyo
5 & 6 November 2013
Nearly 75 individuals, representing 40 financial institutions, attended the 2013 Equator Principles (EP) Association Annual Meeting and Workshop on 5 and 6 November 2013 in Tokyo. It was the first time that members had gathered outside of Washington DC and was a unique opportunity for the EP Association to engage financial institutions in Asia, and underlined its commitment to discussing environmental and social risk management in a regional context.
Following the success of the 2012 Workshop, Equator Principles Financial Institutions (EPFIs) met on the 6 November to discuss implementation of EP III (including triggers for Project-Related Corporate Loans, project categorisation, disclosure (ESIA and GHG reporting) and EPFI reporting requirements, and other pertinent environmental and social matters) and how best to support members during the transition period and in the consistent application of EP III.
Equator Principles Financial Institutions and Stakeholders Mark the 10th Anniversary of the Equator Principles
4 June 2013
Equator Principles Financial Associations (EPFIs) today gathered in Amsterdam to celebrate the 10th anniversary of the Equator Principles, and the launch of the latest iteration of Equator Principles - EP III. EPFIs were joined by a range of stakeholders, including clients, NGOs, specialist consultants and the media.
Leonie Schreve, Chair of the EP Association Steering Committee and Head of Sustainable Lending at ING who hosted today's event said,
"The 10th anniversary and launch demonstrates the strength of Equator Principles as global environmental and social risk management standard. Today sees the launch of EP III which will mean important environmental and social risk considerations can be applied to even more deals. EP III was supported by an overwhelming majority of our members, and we're also seeing more financial institutions adopting, with our first members from Russia and India adopting in recent weeks."
For further information on go to Equator Principles III
Approved and Released - Equator Principles III
14 May 2013
Equator Principles (EP) Association Members have given overwhelming support to EP III - the third and most robust version of the EP to date. The vote in favour of EP III means that from 4 June 2013 more deals will be assessed under a strengthened environmental and social risk management framework.
The EP framework for determining, assessing and managing environmental and social risk in project finance transactions has extended its scope to Project-Related Corporate Loans and Bridge Loans, and clarifies the requirements for application to Advisory Services. Under EP III, Equator Principles Financial Institutions (the name for adopters of the EP) will benefit from greater consistency in implementation, enhanced transparency through extended reporting and will address emerging environmental and social concerns.