Standard Chartered PLC (2019)

Adoption Date: 08 Oct 2003
Country of Headquarters: United Kingdom
Region of Headquarters: Europe
Current EPFI Reporting Year/Period: 2019
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: 13

Equator Principles Category A1 B2 C3
Sector
Mining
Infrastructure 2
Oil & Gas 2 1
Power 4 4
Others
Region
Americas
Europe, Middle East & Africa 4 4
Asia Pacific 2 3
Country Designation
Designated Country4 2
Non Designated Country 6 5
Independent Review
Yes 6 7
No
Totals 6 7
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 Duqm Refinery Complex Oil & Gas Oman 2019
2 DEWA Noor 1 Concentrated Solar Power (CSP) & Photovoltaic (PV) hybrid project Power United Arab Emirates 2019
3 Hamriyah IPP Sharjah Power United Arab Emirates 2019
4 Al Dur 2 IWPP Power Bahrain 2019
5 Marsa Al Arab Infrastructure United Arab Emirates 2019
6 Cross River Rail Project Infrastructure Australia 2019
7 Summit Meghnaghat II Power Bangladesh 2019
8 Naqa’a Desalination Plant Power United Arab Emirates 2019
9 Yunlin Offshore Windfarm Power Taiwan R.O.C 2019
10 Formosa 2 Offshore Wind Project Power Taiwan R.O.C 2019
11 Bapco Modernisation Project Oil & Gas Bahrain 2019

Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 2

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: 4

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

Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 4

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

Standard Chartered Plc’s Implementation Reporting is available here and here.

Standard Chartered’s framework and approach to implementing E&S standards, including the EPs can be found here.