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Bank of Guizhou (2022)
| Signing Date | 30 Nov 2020 |
| Region of Headquarters: | Asia-Oceania |
| Current EPFI Reporting Year/Period: | 2022 |
| Institutional Reporting: | Link to 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: 5
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | |||
| Oil & Gas | |||
| Power | |||
| Others | 1 | 4 | |
| Region | |||
| Americas | |||
| Europe, Middle East & Africa | |||
| Asia Pacific | 1 | 4 | |
| Country Designation | |||
| Designated Country 4 | |||
| Non Designated Country | 1 | 4 | |
| Both | |||
| Independent Review | |||
| Yes | |||
| No | 1 | 4 | |
| Totals | 1 | 4 | |
1
Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.
2
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.
3
Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.
4
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
This information is required under EP4. EP4 applies for those transactions mandated after 1 October 2020 and that have reached Financial Close by the end of the period being reported.
Project Name Reporting For Project Finance (And Project-related Refinance & Project-related Acquisition Finance For Project Finance)
Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 5
Under EP4, project name reporting is required for Project Finance transactions that have reached Financial Close and encouraged for Project-Related Corporate Loans that have reached Financial Close.
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
This information is required under EP4. EP4 applies for those transactions mandated after 1 October 2020 and that have reached Financial Close by the end of the period being reported.
Implementation of the Equator Principles
During the reporting period, the total number of entrusted project financing advisory services was 0，the number of project finance transactions that reached the official effective date of financing was 5, whilst the total number of corporate loans associated with the project is 0. Besides, the total number of refinancing & acquisition financing transactions that reached the official effective date of financing was 0.
Since adopting the Equator Principles, Bank of Guizhou has continued to strengthen its systems and processes, using the Equator Principles to assess and manage the applicability of relevant loans; strengthening the evaluation of environmental and social risks when financing projects, clarifying environmental and social risk management policies in the annual corporate credit guidelines and comprehensive risk management policies; and embedding the applicability judgment of the “Equator Principles” in the credit system to provide policy and operational guarantees for the implementation of the Equator Principles.
In terms of the implementation and management of the Equator Principles, the Board Office is the lead department for implementing the EPs, and the Corporate Business Department/Green Finance Department is responsible for categorising, assessing and managing projects subject to the Equator Principles. Based on the results, the Bank adopts corresponding management measures for different aspects of the project such as environmental and social risk due diligence, contract management and post-loan management, so as to realise the whole project finance management process for projects under the Equator Principles.
Further information about Bank of Guizhou´s implementation of the EPs is provided on pages 52 and 58 of their 2022 ESG report available at: https://www1.hkexnews.hk/listedco/listconews/sehk/2023/0418/2023041801319.pdf