London, 24 June 2019 Following extensive internal review and consultation, as well as input from the initial round of public consultation, the draft text of Equator Principles 4 (EP4) is hereby released for consultation. It is intended that this draft text be used as the basis for a formal round of public consultation, led on behalf…Read More..
The EPA continues to make progress towards the development of updated Equator Principles ‘EP4’ text. The legal review of the draft text, conducted by Norton Rose Fulbright, has now been completed. The external stakeholder consultation phase has been delayed whilst we completed an enhanced internal consultation and approval processes, particularly on changes to Principle 5….Read More..
London, 21 May 2019 The Equator Principles Association has been made aware of a website impersonating the Association. The impersonating site has released a fake version of EP4 and an incorrect message stating that three EPFIs have been de-listed for non-compliance. The Equator Principles’ official website is: equator-principles.com (not .org or other). This should be referred to…Read More..
The Hague, 02 April 2019 Today NN Investment Partners (NN IP) has become a signatory of the Equator Principles. While the EPs have already played an important role in NN IP’s investment process in the past, their formal adoption also adds a reporting obligation. No funding will be granted to infrastructure and project finance investments that do not…Read More..
Tokyo, April 1, 2019 Today Nippon Life Insurance Company has become a signatory of the Equator Principles. Nippon Life initiated full-scale engagement in overseas project finance in 2017. When making project finance decisions, Nippon Life recognizes that environmental and social factors can take on heightened importance given that projects that involve large-scale development could potentially have…Read More..
01 March 2019 Progress continues towards the development of an updated Equator Principles ‘EP4’ text. We are now finalising Phase III ‘Agreement with the EP Association membership and initial drafting of the EP4 targeted update’ and transitioning into Phase IV ‘Second round of stakeholder consultation’. This external stakeholder consultation phase will be somewhat delayed as…Read More..
Taipei, 23 January 2019 CTBC Bank Co., Ltd. (“CTBC Bank”) has become a signatory of the Equator Principles. CTBC Bank was established in 1966 and is amongst the largest privately-owned bank in Taiwan. To date, 94 international financial institutions in 37 countries are signatories of the Equator Principles. Announcement in EnglishRead More..
21 December 2018 The Equator Principles Association Annual Meeting was held in Washington D.C. on 16-18 October with focus on the internal development of the EP4 draft. A summary of outcomes was published online. Commissioned reports As inputs to the meeting, the Association commissioned two reports: a Strategic Review, conducted by ERM, and guidance to…Read More..
The Equator Principles Association Annual Meeting was held in Washington D.C. on 16-18 October with attendees from over 50 Equator Principles Financial Institutions (EPFIs). 15thAnniversary of the EPs The Chair’s opening recognised that the Equator Principles (EPs) launched 15 years ago and has had a strong impact on the project financing market. The Chair also…Read More..
8 October 2018 The EP Association is making tangible progress with the targeted update of the EPs, with a draft set of ‘EP4’ thematic proposals for members to debate at the upcoming Annual Meeting. The first round of stakeholder consultation has now been completed. As communicated on the EP website previously, Phase II of the…Read More..