E.SUN Commercial Bank, LTD (2021)

Adoption Date: 28 Dec 2015
Country of Headquarters: Taiwan R.O.C
Region of Headquarters: Asia-Oceania
Current EPFI Reporting Year/Period: 2021
Institutional Reporting: Link to Report - Link to Additional 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: 10

Sector
Mining
Infrastructure 1
Oil & Gas
Power 9
Others
Sub-Total 10
Region
Americas
Europe, Middle East & Africa
Asia Pacific 10
Sub-Total 10

Project Finance Transactions

Total number that reached Financial Close in the reporting period: 10

Equator Principles Category A1 B2 C3
Sector
Mining
Infrastructure 1
Oil & Gas
Power 1 7 1
Others
Region
Americas
Europe, Middle East & Africa
Asia Pacific 1 8 1
Country Designation
Designated Country4 1
Non Designated Country 1 7 1
Independent Review
Yes 1 8
No 1
Totals 1 8 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 YuChang Solar Project Power Taiwan R.O.C 2021
2 Project Yunlin Power Taiwan R.O.C 2021
3 Kaohsiung Mituo Power Taiwan R.O.C 2021
4 Project Taiger Power Taiwan R.O.C 2021
5 Smart family Co. Solar Farm Power Taiwan R.O.C 2021

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

E.SUN Bank adopted the Equator Principles on 28 December 2015. In accordance with the Equator Principles, E.SUN Bank established the Environmental and Social Risk Management Team under the Corporate Finance Division to perform the following procedures:
1. Manage the internal policies and assessment process related to Equator Principles.
2. Provide the internal Environmental & Social Report during the credit assessment phase of related projects to ensure the compliance with Equator Principle’s requirement. All the related information and internal report are also provided to credit deliberation committee for comprehensive references.
3. Carry out training programs to relationship managers, corporate banking branch managers, and the risk/credit analysts in headquarter.

Further information on E.SUN Bank´s implementation of the EPs is provided at: https://www.esunfhc.com/zh-tw/-/media/esunfhc/files/csr/perseverance/the-equator-principles-at-esun-2021.pdf?la=en and in their sustainability report available at: https://www.esunfhc.com/zh-tw/-/media/esunfhc/files/csr/fhc-csr-report/2021-sustainability-reportenglish.pdf?la=en