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..
Madrid, 18 July 2018 Bankia, S.A. assumes the Equator Principles as a tool for the management, evaluation and monitoring of risks in the responsible financing of projects. At Bankia, in 2017 the Special Projects Admission Directorate has been created for the centralization of the admission analysis and monitoring of operations segmented as special financing, aimed to…Read More..
22 June 2018 The EP Association is currently in Phase II of the EP4 update, with two streams of work underway: Stakeholder consultations An independent third party has been engaged to undertake a review covering elements of the wider EP strategy and the targeted ‘EP4’ update. The review includes a set of interviews, an online…Read More..
16 March 2018 The EP Association is undertaking a targeted review of the Equator Principles (see statement released in November 2017). Since the announcement following the 2017 EP AGM, the EP Association has initiated internal discussions on key thematic areas including: Social impact and human rights Climate change Designated Countries and Applicable Standards Scope of applicability of…Read More..