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Bank of Huzhou (2021)
| Signing Date | 24 Jul 2019 |
| Region of Headquarters: | Asia-Oceania |
| Current EPFI Reporting Year/Period: | 2021 |
| Institutional Reporting: | No Report Available |
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: 2
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | 2 | ||
| Oil & Gas | |||
| Power | |||
| Others | |||
| Region | |||
| Americas | |||
| Europe, Middle East & Africa | |||
| Asia Pacific | 2 | ||
| Country Designation | |||
| Designated Country 4 | |||
| Non Designated Country | 2 | ||
| Both | |||
| Independent Review | |||
| Yes | |||
| No | 2 | ||
| Totals | 2 | ||
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)
| No. | Project Name | Sector | Project Location(s) | Year of Financial Close |
|---|---|---|---|---|
| 1 | Emerald City real estate development project in Anji County，Huzhou City | Infrastructure | China | 2021 |
| 2 | Expansion Project of People's Livelihood social security housing in Anji County, Huzhou City | Infrastructure | China | 2021 |
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
Bank of Huzhou became a signatory of the Equator Principles in July 2019, applying the Equator Principles to assess, mitigate, manage and monitor the environmental and social risks in applicable project-related financing.
We have developed a special IT system, which integrates the management process of Equator principles with the original credit and risk management policies and processes of the bank, enhances the standardized management level of Equator projects, and conducts environmental and social risk assessment on projects required by the Equator Principles; Meanwhile, for other corporate financing projects, according to the Equator Principle’s environmental and social risk management method, we have established a simplified environmental and social risk management process in combination with our own customer and asset structure characteristics. In addition, we launched the ESG rating model for credit customers to assess the environmental (E), social (S) and governance (G) risks of potential transactions.
The environmental and social risk classification of EP projects is undertaken by professionals in our Green Finance Department. For projects with environmental and social risks of Category A and some part of Category B projects, we will engage independent environmental and social companies to assist in due diligence assessment and whole process management.