NWB Bank (2025)
| Signing Date | 01 Oct 2020 |
| Region of Headquarters: | Europe |
| Current EPFI Reporting Year/Period: | 2025 |
| Institutional Reporting: | Link to Report - Link to Additional Report |
Please read the important notes and disclaimer for further information on ‘EPFI Reporting’, compliance and publication on the EP website.
Further information on this EPFI may be obtained through the Institutional Reporting hyperlink.
Project Finance Advisory Services
Total number mandated in the reporting period: 0
Project Finance Transactions
Total number that reached Financial Close in the reporting period: 2
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | 1 | ||
| Oil & Gas | |||
| Power | |||
| Others | 1 | ||
| Region | |||
| Americas | |||
| Europe, Middle East & Africa | 2 | ||
| Asia Pacific | |||
| Country Designation | |||
| Designated Country 4 | |||
| Non Designated Country | 2 | ||
| Both | |||
| Independent Review | |||
| Yes | |||
| No | 2 | ||
| Totals | 2 | ||
Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.
Category B – Projects with potential limited adverse environmental and social risks and/or impacts that are few in number, generally site-specific, largely reversible and readily addressed through mitigation measures.
Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.
Designated Countries are those countries deemed to have robust environmental and social governance, legislation systems and institutional capacity designed to protect their people and the natural environment.
Project-related Refinance & Project-related Acquisition For Project Finance
Total number that reached Financial Close in the reporting period: 0
Project Name Reporting For Project Finance (And Project-related Refinance & Project-related Acquisition Finance For Project Finance)
| No. | Project Name | Sector | Project Location(s) | Year of Financial Close |
|---|---|---|---|---|
| 1 | Via15 | Infrastructure | Netherlands | 2025 |
| 2 | Geothermie Delft | Others | Netherlands | 2025 |
Project-Related Corporate Loans
Total number that reached Financial Close in the reporting period: 0
Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans
Total number that reached Financial Close in the reporting period: 0
Implementation of the Equator Principles
In October 2020, NWB Bank has officially adopted the Equator Principles (EP). As part of this commitment, we have implemented the Equator Principles in our policies, procedures and standards for project financing and we will not finance projects and loans (in scope and subject to the Equator Principles) where the client will not, or is unable to, comply with these principles.
Details of internal preparation and staff training
Environmental, social and governance issues are regularly discussed with stakeholders and NWB Bank staff. An Equator Principles course and other sustainability courses are included in our development offerings for
employees. Through newsletters, sustainability presentations and/ or specific training, relevant updates on the Equator Principles are communicated to the Specialised Finance team within the bank. Internally, a committee has been established to implement the Equator Principles. In this committee, there are
representatives from the front office, risk management, finance & control and legal & corporate affairs. This
group also monitors the developments around the EP and submits the reports.
Mandate of the Equator Principles Reviewers and Respective Roles
In line with NWB Bank’s Customer Due Diligence (CDD) process and Credit Risk Management (CRM) Policy
Framework, all new and existing clients and transactions are subject to a credit analysis and CDD assessment,
which is executed in the first line by the Specialised Finance department. NWB Bank has a dedicated
Sustainability Officer who supports the Specialised Finance and Risk Management staff in managing and
mitigating potential risks. Both the Specialised Finance as well as the Risk Management department have
dedicated staff members that are specifically responsible for sustainability. Final decision making regarding
Specialised Finance lies with NWB Bank’s Credit Committee (including Managing Board), where social, climate related and environmental risks, as well as compliance with the EP, are part of the credit proposal (by
Specialised Finance dept), independent risk assessment (by Credit Risk Management dept) and decision making. The legal department monitors the loan documentation for EP compliance. The sustainability officer provides support in case of any sustainability issues, including environmental and social risks. The finance & control department is responsible for the yearly EP reporting.
Incorporation of the Equator Principles in credit and risk management policies
When financing public-private partnerships (PPP projects), renewable energy projects and other financings in
scope and subject to the Equator Principles, the Equator Principles are applied to gauge potential social and
environmental risks in our regular transaction review and approval process. As part of the due diligence for
each project finance transaction in scope and subject to the Equator Principles, we require a third party advisor (independent technical advisor) who is engaged on behalf of us and potential other lenders to prepare a technical report. Such report includes a specific review of the Equator Principles and having a satisfactory report is a requirement before financial close of the transaction. Following from our relevant policies, all project financing transactions should adhere to international conventions and guidelines to respect human rights and the environment. Our sustainability policy sheds light on the way sustainability is embedded and organized at NWB Bank. It also directs how the bank wants to distinguish itself in the area of sustainability, both internally and externally through its clients. Our Credit Risk Management policy includes adherence to the Equator Principles management framework for projects or project related corporate loans in scope. In our origination of new project finance transactions as well as in our monitoring of existing transactions we take into account social, climate related and environmental risks. These risks are also assessed and embedded in our internal scorecard models that calculate a credit risk score for each client.