| Adoption Date: | 26 May 2014 |
| Country of Headquarters: | Australia |
| Region of Headquarters: | Oceania |
| Institutional Reporting Hyperlink: | CBA EPIII Reporting FY2017 |
| Current EPFI Reporting Year/Period: | 1 July 2016 - 30 June 2017 |
| EPFI Reporting in Compliance: | Yes |
Reporting – Commonwealth Bank of Australia (2016 – 2017)
Please read the important notes and disclaimer for further information on ‘EPFI Reporting’, compliance and publication on the Equator Principles Association website.
Further information on this EPFI may be obtained through the Institutional Reporting Hyperlink above.
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: 13
Totals 0 12 1
Totals 0 12 1
Sector Category A Category B Category C
Mining
Infrastructure 6
Oil & Gas
Power 6 1
Others
Region Category A Category B Category C
Americas 4
Europe, Middle East & Africa 1
Asia Pacific 7 1
Country Designation Category A Category B Category C
Designated1 12 1
Non-Designated
Independent Review Category A Category B Category C
Yes 10 1
No 2
1Designated 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. For the list of Designated Countries, go to: https://www.equator-principles.com/index.php/ep3/designated-countries
PROJECT NAME REPORTING FOR PROJECT FINANCE TRANSACTIONS
No. Project Name Sector Host Country Name/ Project Location Year of Financial Close
1 Vista Ridge Water Supply Project Infrastructure USA 2016
2 WestConnex M4 Infrastructure Australia 2016
3 Mortlake Pipeline Infrastructure Australia 2016
4 Port of Melbourne Infrastructure Australia 2016
5 Calvary Hospital Infrastructure Australia 2016
6 Grafton Prison PPP Infrastructure Australia 2017
7 Sapphire Wind Farm Power Australia 2016
8 Merkur Offshore Wind Farm Power Germany 2016
9 Bungala One Solar Farm Power Australia 2017
10 Whitsunday, Hamilton & Gannawarra Solar Power Australia 2017
11 CPV Fairview Energy Center Power USA 2017
12 Southland Repowering Project Power USA 2017
13 Lackawanna Energy Center Power USA 2016
PROJECT-RELATED CORPORATE LOANS
Total number that reached financial close in the reporting period: 2
Totals 0 1 0
Sector Category A Category B Category C
Mining
Infrastructure
Oil & Gas
Power 1
Others
Region Category A Category B Category C
Americas
Europe, Middle East & Africa 1
Asia Pacific
Country Designation Category A Category B Category C
Designated1 1
Non-Designated
Independent Review Category A Category B Category C
Yes 1
No
Totals 0 1 0
1Designated 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. For the list of Designated Countries, go to: https://www.equator-principles.com/index.php/ep3/designated-countries
IMPLEMENTATION OF THE EQUATOR PRINCIPLES
By adopting EPIII, CBA builds on its’ commitment to responsible lending and formalises the reporting of our environmental and social risk practices. CBA’s EPIII practices and controls are embedded in CBA’s loan origination policies, processes, key decisions forums and reporting systems. In addition to the initial EPIII face to face training, this year the relevant risk, relationship and product teams completed e-learning on Equator Principles III.
For further information refer to https://www.commbank.com.au/about-us/who-we-are/opportunity-initiatives/policies-and-practices.html
CBA EPIII Reporting FY2017: https://www.commbank.com.au/about-us/opportunity-initiatives/performance-reporting.html
