JPMorgan Chase & Co. (2021)

Adoption Date: 04 Dec 2006
Country of Headquarters: United States
Region of Headquarters: North America
Current EPFI Reporting Year/Period: 2021
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
Oil & Gas
Power 1
Others
Region
Americas 1
Europe, Middle East & Africa
Asia Pacific
Country Designation
Designated Country4 1
Non Designated Country
Independent Review
Yes
No 1
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 Vineyard Wind 1 Power United States 2021

Project-Related Corporate Loans

Total number that reached Financial Close in the reporting period: 9

Equator Principles Category A1 B2 C3
Sector
Mining
Infrastructure 5
Oil & Gas
Power 1 1
Others 2
Region
Americas 3 2
Europe, Middle East & Africa 3 1
Asia Pacific
Country Designation
Designated Country4
Non Designated Country 6 1 2
Independent Review
Yes 6 1
No 2
Totals 6 1 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. See list of Designated Countries.

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.

Project Name Reporting For Project-related Corporate Loans (And Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans)

No. Project Name Sector Country(s) Year of Financial Close
1 Morava Corridor Infrastructure Serbia 2021
2 Tema-Aflao Road Infrastructure Ghana 2021
3 Puerto Bolivar Expansion Infrastructure Ecuador 2021
4 Guajimia Water Sanitation Project Phase II Infrastructure Dominican Republic 2021
5 Karapinar Solar Power Project Power Turkey 2021
6 Projecto Puma Phase II Infrastructure Brazil 2021
7 POC Phase I Power Iraq 2021
8 Hyundai Transys Manufacturing Plant Others United States 2021
9 Hankook Tire Manufacturing Plant Others United States 2021

Implementation of the Equator Principles

For calendar year 2021, our due diligence efforts were coordinated by a dedicated environmental and social risk management group (GESRM), which reported directly into the Firmwide Risk Executive for Reputation Risk. In cases where significant issues were identified, EP transactions may be escalated to one of the Firm’s Reputation Risk Committees. Lines of Businesses were responsible for referring relevant EP transactions to GESRM for consideration and review, and working with GESRM to fulfil EP obligations.