FirstRand Limited (1 Jul 2019 – 30 Jun 2020)

Signing Date 13 Jul 2009
Region of Headquarters: Middle East & Africa
Current EPFI Reporting Year/Period: 1 Jul 2019 - 30 Jun 2020
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: 7

Equator Principles Category A1 B2 C3
Sector
Mining
Infrastructure
Oil & Gas 1 1
Power
Others 1 4
Region
Americas
Europe, Middle East & Africa 1 2 4
Asia Pacific
Country Designation
Designated Country 4
Non Designated Country 1 2 4
Both
Independent Review
Yes 1 2
No 4
Totals 1 2 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)

No. Project Name Sector Project Location(s) Year of Financial Close
1 Ellipse Waterfall Residential Development Others South Africa 2019
2 Department of Rural Development and Land Reform (DRD&LR) Office Complex Others South Africa 2019
3 MOZ LNG Area 1 Oil & Gas Mozambique 2020
4 Century Property Developments 5 on 13 Lifestyle/Residential Estate Others South Africa 2020

Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 3

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

FirstRand Limited’s implementation reporting is provided in their 2020 Report to Society available here or here. Please refer to Section 7 titled ‘Managing the group’s environmental impact’.