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Standard Chartered PLC (2021)
| Signing Date | 08 Oct 2003 |
| Region of Headquarters: | Europe |
| 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 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: 23
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | 2 | 3 | 3 |
| Oil & Gas | 2 | ||
| Power | 4 | 9 | |
| Others | |||
| Region | |||
| Americas | 1 | ||
| Europe, Middle East & Africa | 5 | 7 | |
| Asia Pacific | 3 | 4 | 3 |
| Country Designation | |||
| Designated Country 4 | 6 | 1 | |
| Non Designated Country | 8 | 6 | 2 |
| Both | |||
| Independent Review | |||
| Yes | 8 | 12 | 1 |
| No | 2 | ||
| Totals | 8 | 12 | 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
Total number that reached Financial Close in the reporting period: 1
| Sector | |
|---|---|
| Mining | |
| Infrastructure | |
| Oil & Gas | |
| Power | 1 |
| Others | |
| Sub-Total | 1 |
| Region | |
|---|---|
| Americas | 1 |
| Europe, Middle East & Africa | |
| Asia Pacific | |
| Sub-Total | 1 |
| Country Designation | |
|---|---|
| Designated Country | 1 |
| Non Designated Country | |
| Both | |
| Sub-Total | 1 |
Project Name Reporting For Project Finance (And Project-related Refinance & Project-related Acquisition Finance For Project Finance)
| No. | Project Name | Sector | Project Location(s) | Year of Financial Close |
|---|---|---|---|---|
| 1 | Crawfish, Happy & Ventress Solar | Power | United States | 2021 |
| 2 | Dubai Waste Management Centre | Power | United Arab Emirates | 2021 |
| 3 | Fatehgarh Project | Power | India | 2021 |
| 4 | Jazan Integrated Gasification & Power | Oil & Gas | Saudi Arabia | 2021 |
| 5 | Sudair PV IPP | Power | Saudi Arabia | 2021 |
| 6 | Mercury Taiwan Holdings Limited - CHW01 | Power | Taiwan, China | 2021 |
| 7 | Yanbu IV IWP | Infrastructure | Saudi Arabia | 2021 |
| 8 | ACWA Power Sirdarya | Power | Uzbekistan | 2021 |
| 9 | Dogger Bank A Offshore Wind Farm | Power | United Kingdom | 2021 |
| 10 | Dogger Bank B Offshore Wind Farm | Power | United Kingdom | 2021 |
| 11 | Dogger Bank C Offshore Wind Farm | Power | United Kingdom | 2021 |
| 12 | Jubail 3B IWP | Infrastructure | Saudi Arabia | 2021 |
| 13 | New Footscray Hospital | Infrastructure | Australia | 2021 |
| 14 | Adani Transmission Lines | Infrastructure | India | 2021 |
| 15 | Northeast Link | Infrastructure | Australia | 2021 |
| 16 | Avingrid Vineyard Wind I | Power | United States | 2021 |
Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 8
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: 7
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | 1 | 6 | |
| Oil & Gas | |||
| Power | |||
| Others | |||
| Region | |||
| Americas | |||
| Europe, Middle East & Africa | 1 | 3 | |
| Asia Pacific | 3 | ||
| Country Designation | |||
| Designated Country 4 | |||
| Non Designated Country | 1 | 6 | |
| Both | |||
| Independent Review | |||
| Yes | 1 | 2 | |
| No | 4 | ||
| Totals | 1 | 6 | |
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)
| No. | Project Name | Sector | Project Location(s) | Year of Financial Close |
|---|---|---|---|---|
| 1 | Eastern Entrance Douala | Infrastructure | Cameroon | 2021 |
| 2 | Olembe Stadium | Infrastructure | Cameroon | 2021 |
Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 5
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
The Equator Principles are intended to serve as a common baseline and a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in projects. As a member since 2003, we apply these principles to ensure the projects we finance and advise on are developed in a manner that is socially responsible and reflects sound environmental management practices. Further, we use these principles as a platform for our own internal policies, procedures and standards for project due diligence.
Standard Chartered’s framework and approach to implementing E&S standards, including the EPs is here.