JPMorgan Chase & Co. (2022)

Adoption Date: 04 Dec 2006
Country of Headquarters: United States
Region of Headquarters: North America
Current EPFI Reporting Year/Period: 2022
Institutional Reporting: No Report Available

 

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: 1

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

Project Finance Transactions

Total number that reached Financial Close in the reporting period: 3

Equator Principles Category A1 B2 C3
Sector
Mining
Infrastructure
Oil & Gas 1 1
Power 1
Others
Region
Americas 1 2
Europe, Middle East & Africa
Asia Pacific
Country Designation
Designated Country 4 1 1
Non Designated Country 1
Both
Independent Review
Yes 1 1
No 1
Totals 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 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 Plaquemines LNG Oil & Gas United States 2022
2 Appaloosa Solar Power United States 2022
3 Maria Quiteria FPSO Oil & Gas Brazil 2022

Project-Related Corporate Loans

Total number that reached Financial Close in the reporting period: 3

Equator Principles Category A1 B2 C3
Sector
Mining
Infrastructure 1
Oil & Gas
Power
Others 1 1
Region
Americas
Europe, Middle East & Africa 2
Asia Pacific 1
Country Designation
Designated Country 4
Non Designated Country 2 1
Both
Independent Review
Yes 2 1
No
Totals 2 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-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 Mersin-Adana-Gaziantep High Speed Rail Project Infrastructure Turkey 2022
2 SASA Purified Terephthalic Acid Project Others Turkey 2022
3 HLI Green Power EV Manufacturing Project Others Indonesia 2022

Implementation of the Equator Principles

For calendar year 2022, our due diligence efforts for in scope transactions were coordinated by dedicated environmental and social (“E&S”) subject matter experts (“SME”) in the first line of defense (situated in the Centre for Carbon Transition or “CCT”). CCT is assessed and challenged by E&S Risk, which sits in the second line of defense and reports directly into the Firmwide Risk Executive for Climate.

In cases where significant issues are identified, EP transactions may also be escalated to one of the Firm’s Reputation Risk Committees. Lines of Business are responsible for referring relevant EP transactions to CCT for consideration and review and working with SMEs to fulfil EP obligations.