Reporting – Commonwealth Bank of Australia (2015 – 2016)

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

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: 10

Totals073
Totals073
SectorCategory ACategory BCategory C
Mining
Infrastructure33
Oil & Gas1
Power3
Others
RegionCategory ACategory BCategory C
Americas3
Europe, Middle East & Africa1
Asia Pacific33
Country DesignationCategory ACategory BCategory C
Designated172
Non-Designated1
Independent ReviewCategory ACategory BCategory C
Yes72
No1

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 NameSectorHost Country Name/ Project LocationYear of Financial Close
1Iona Gas PlantInfrastructureAustralia2015
2K2 WindPowerCanada2015
3Northern Beaches HospitalInfrastructureAustralia2015
4Sabine Pass LNGOil & GasUSA2015
5Singapore SportshubInfrastructureSingapore2015
6WestConnex M5 MotorwayInfrastructureAustralia2015
7Beatrice Wind FarmPowerUK2016
8Canberra Light RailInfrastructureAustralia2016
9Tenaska Westmoreland Generating StationPowerUSA2016
10TQ AirportLinkInfrastructureAustralia2016

PROJECT-RELATED CORPORATE LOANS

Total number that reached financial close in the reporting period: 2

Totals011
SectorCategory ACategory BCategory C
Mining1
Infrastructure1
Oil & Gas
Power
Others
RegionCategory ACategory BCategory C
Americas
Europe, Middle East & Africa
Asia Pacific11
Country DesignationCategory ACategory BCategory C
Designated11
Non-Designated1
Independent ReviewCategory ACategory BCategory C
Yes1
No1
Totals011

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

CBA’s EP assessment process is embedded in the loan decision process and aligns with the Group’s ESG lending commitments. Key EP categorisation, industry, country and other details are recorded through the loan pipeline system by the Project Finance team, supported by risk and client facing teams.

In addition, key EP categorisation, compliance and details of key ESG risks and client mitigation strategies are embedded in key credit decision documentation. EP assessment is also a key determinant in the escalation process.

For further information refer to https://www.commbank.com.au/about-us/who-we-are/opportunity-initiatives/policies-and-practices.html