National Australia Bank Limited (1 Oct 2021-30 Sep 2022)

Adoption Date: 25 Oct 2007
Region of Headquarters: Asia-Oceania
Current EPFI Reporting Year/Period: 1 Oct 2021-30 Sep 2022
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 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: 4

Equator Principles Category A1 B2 C3
Sector
Mining 1
Infrastructure
Oil & Gas 1
Power 2
Others
Region
Americas 2
Europe, Middle East & Africa
Asia Pacific 1 1
Country Designation
Designated Country 4 1 3
Non Designated Country
Both
Independent Review
Yes 1 3
No
Totals 1 3
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 Country(s) Year of Financial Close
1 Olive Downs Mining Australia 2021
2 Panorama Wind Farm Power United States 2021
3 Pluto Train 2 Oil & Gas Australia 2022
4 Gemini Solar project Power United States 2022

Project-Related Corporate Loans

Total number that reached Financial Close in the reporting period: 1

Equator Principles Category A1 B2 C3
Sector
Mining
Infrastructure 1
Oil & Gas
Power
Others
Region
Americas
Europe, Middle East & Africa
Asia Pacific 1
Country Designation
Designated Country 4 1
Non Designated Country
Both
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.

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)

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 Group’s EP reporting can be found here: https://www.nab.com.au/about-us/social-impact/shareholders/esg-risk-management

Information on NAB Group’s project-related financing can also be found in the Group’s 2022 Sustainability Data Pack (Excel tab ‘Financing’). A direct link to the data pack can be found here: https://www.nab.com.au/content/dam/nabrwd/documents/reports/corporate/sustainability-data-pack-xlsx.xlsx