Bank of Jiangsu (2020)

Adoption Date: 20 Jan 2017
Country of Headquarters: China
Region of Headquarters: Asia-Oceania
Current EPFI Reporting Year/Period: 2020
Institutional Reporting: Link to Report

 

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.

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: 1

Equator Principles Category A1 B2 C3
Sector
Mining
Infrastructure 1
Oil & Gas
Power
Others
Region
Americas
Europe, Middle East & Africa
Asia Pacific 1
Country Designation
Designated Country4
Non Designated Country 1
Independent Review
Yes 1
No
Totals 1
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. See list of Designated Countries.

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 Country(s) Year of Financial Close
1 Hazardous Waste Incineration Expansion Project in Danyang of Zhenjiang City, Jiangsu Province Infrastructure China 2020

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

The EP implementation and EP project management fall in the remit of the Green Finance Department of the Bank of Jiangsu. Our implementation efforts focused on the following aspects during 2020:

(1) Undertook a thorough review of the EP4 to understand the new features versus EP3, and completed an analysis report to be presented to the management and deseminated within the Bank;

(2) Organised a series training for relationship managers in the front office, credit officer and risk managers, by both in-house and external specialists;

(3) Updated the Bank’s Guideline on EP Project management and Credit Procedure to incorporated new EP4 features;

(4) Further refined the on-line EP project management system with the development of an automatic risk classification module based on the analytical hierarchy process, which can effectively reduce the subjective biases associated with judgement of relationship managers.

Further information on Bank of Jiangsu´s implementation is provided here in Chinese.