Commonwealth Bank of Australia (2025)
| Signing Date | 26 May 2014 |
| Region of Headquarters: | Asia-Oceania |
| Current EPFI Reporting Year/Period: | 2025 |
| 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: 11
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | |||
| Oil & Gas | |||
| Power | 11 | ||
| Others | |||
| Region | |||
| Americas | 2 | ||
| Europe, Middle East & Africa | 1 | ||
| Asia Pacific | 8 | ||
| Country Designation | |||
| Designated Country 4 | 11 | ||
| Non Designated Country | |||
| Both | |||
| Independent Review | |||
| Yes | 11 | ||
| No | |||
| Totals | 11 | ||
Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.
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.
Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.
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
Total number that reached Financial Close in the reporting period: 0
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 | Brendale Project | Power | Australia | 2025 |
| 2 | Supernode BESS | Power | Australia | 2025 |
| 3 | Bungama BESS | Power | Australia | 2025 |
| 4 | Bulabul 1 BESS | Power | Australia | 2025 |
| 5 | Te Rahui Solar Farm | Power | New Zealand | 2025 |
| 6 | Elaine BESS | Power | Australia | 2025 |
| 7 | Blind Creek Solar Farm and BESS | Power | Australia | 2025 |
| 8 | Carmody's Hill Wind farm | Power | Australia | 2025 |
| 9 | Kelso 1 Project | Power | United States | 2025 |
| 10 | Kelso 2 Project | Power | United States | 2025 |
| 11 | Portfolio Juno | Power | United Kingdom | 2025 |
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
Total number that reached Financial Close in the reporting period: 0
Implementation of the Equator Principles
Environmental and Social Risks
Environmental and Social risk is a strategic risk managed under the CBA Group’s Risk Management Framework. Assessing potential transactions for Environmental, Social and Governance (ESG) risks is a key step in our due diligence process for all Institutional Bank loans, as well as large loans in other business units.
Training for ESG due diligence and implementation of the Equator Principles (EP) is undertaken by the relevant client and risk teams. CBA’s EP process is embedded in CBA systems and procedures.
Reporting
During the period between 1 Jan 25 to 31 Dec 25, CBA had 11 EP project finance transactions that reached financial close. No EP project-related corporate loans or EP project related refinance transactions reached financial close.
Independent Review of Equator Principles Implementation
CBA carried out a review of its Equator Principles (EP) implementation processes as required by the EP Signatory Rules.The review was completed by CBA’s internal audit function, Group Audit and Assurance, and included a review of relevant internal processes through a sample of applicable project-related financing transactions closed between 1 January 2025 and 31 December 2025.
The review identified opportunities to strengthen aspects of Equator Principles implementation, including clarifying roles, improving process integration and strengthening training and monitoring. Recommendations are being incorporated into CBA’s continuous improvement actions. A further review of EP implementation will be conducted within three years.