National Australia Bank Limited (1 Oct 2019 – 30 Sep 2020)

Adoption Date: 25 Oct 2007
Country of Headquarters: Australia
Region of Headquarters: Asia-Oceania
Current EPFI Reporting Year/Period: 1 Oct 2019 - 30 Sep 2020
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: 1

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

Project Finance Transactions

Total number that reached Financial Close in the reporting period: 6

Equator Principles Category A1 B2 C3
Sector
Mining
Infrastructure 1 2 1
Oil & Gas
Power 2
Others
Region
Americas 1 1
Europe, Middle East & Africa 1
Asia Pacific 2 1
Country Designation
Designated Country4 1 4 1
Non Designated Country
Independent Review
Yes 1 4
No 1
Totals 1 4 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 & Acquisition for Project Finance

Not applicable for this period.

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 (& Project-Related Refinance & Acquisition Finance for Project Finance)

No. Project Name Sector Country(s) Year of Financial Close
1 East Rockingham Resource Recovery Facility Infrastructure Australia 2019
2 Sydney Metro City & Southwest Infrastructure Australia 2019
3 Coastal GasLink Pipeline Infrastructure Canada 2020
4 Prospero II Solar Farm Power United States 2020
5 Kalax Wind Farm Power Finland 2020
6 Cardrona Valley Wastewater Treatment Plant Power New Zealand 2020

Note, Project name reporting for Project Finance transactions (Oct 2018 – Sep 2019)

Project-Related Corporate Loans

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
Europe, Middle East & Africa
Asia Pacific 1
Country Designation
Designated Country4 1
Non Designated Country
Independent Review
Yes 1
No
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 & Acquisition for Project-Related Corporate Loans

Not applicable for this period.

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 (& Project-Related Refinance & Acquisition for Project-Related Corporate Loans)

Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 1

Under EP4, project name reporting is encouraged for Project-Related Corporate Loans that have reached Financial Close and required for Project Finance transactions that have reached Financial Close.

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

NAB’s EP reporting can be found here. NAB’s 2020 EP report provides information on EP implementation (pages 6-9).

Information on NAB’s project-related financing can also be found in NAB’s 2020 Sustainability Report (page 32) and NAB’s 2020 Sustainability Data Pack (Excel tab ‘Financing’). These reports can be found here.