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Sumitomo Mitsui Trust Bank, Limited (1 Apr 2022 – 31 Mar 2023)
| Signing Date | 01 Feb 2016 |
| Region of Headquarters: | Asia-Oceania |
| Current EPFI Reporting Year/Period: | 1 Apr 2022 - 31 Mar 2023 |
| 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: 15
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | 1 | 2 | |
| Oil & Gas | |||
| Power | 2 | 9 | 1 |
| Others | |||
| Region | |||
| Americas | 2 | 2 | |
| Europe, Middle East & Africa | 1 | 1 | |
| Asia Pacific | 8 | 1 | |
| Country Designation | |||
| Designated Country 4 | 2 | 11 | 1 |
| Non Designated Country | 1 | ||
| Both | |||
| Independent Review | |||
| Yes | 3 | 10 | |
| No | 1 | 1 | |
| Totals | 3 | 11 | 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 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 | Project Location(s) | Year of Financial Close |
|---|---|---|---|---|
| 1 | NeuConnect Interconnector Project | Power | United Kingdom, Germany | 2022 |
| 2 | Nihonmatsu Kaminagaori Solar Project | Power | Japan | 2022 |
| 3 | Fukaura Wind Farm Project | Power | Japan | 2022 |
| 4 | Frankston Hospital Redevelopment | Infrastructure | Australia | 2022 |
| 5 | Renewal and Repair of Power Receiving and Distributing Equipment for the Central S/S at KEK | Power | Japan | 2022 |
| 6 | Codelco Water Supply Project | Infrastructure | Chile | 2023 |
| 7 | Amunet Wind Farm Project | Power | Egypt, Arab Rep. | 2022 |
| 8 | SR McKellar Solar Project | Power | United States | 2022 |
| 9 | Ishikari Offshore Wind Farm Project | Power | Japan | 2022 |
| 10 | Horsepower PV Solar Projects | Power | United States | 2022 |
| 11 | Champlain Hudson Power Express Project | Power | United States | 2022 |
| 12 | Kitakyushu-Hibikinada Offshore Wind Farm | Power | Japan | 2023 |
Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 3
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: 10
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | 1 | ||
| Infrastructure | 1 | 1 | |
| Oil & Gas | |||
| Power | 3 | 1 | |
| Others | 2 | 1 | |
| Region | |||
| Americas | 3 | 1 | |
| Europe, Middle East & Africa | 2 | ||
| Asia Pacific | 2 | 1 | 1 |
| Country Designation | |||
| Designated Country 4 | 1 | 2 | 1 |
| Non Designated Country | 6 | ||
| Both | |||
| Independent Review | |||
| Yes | 7 | 2 | |
| No | 1 | ||
| Totals | 7 | 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.
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 | Desalination and Water Transmission Project for the National Copper Corporation of Chile | Infrastructure | Chile | 2023 |
| 2 | Upstream Expansion Project in Hazira | Others | India | 2023 |
| 3 | CSN Mineracao Itabirite P-15 Project | Mining | Brazil | 2023 |
| 4 | Sirdarya 2 Gas-Fired Combined Cycle Power Project | Power | Uzbekistan | 2022 |
| 5 | The New Terminal One at JFK | Infrastructure | United States | 2022 |
| 6 | Amunet Wind Farm Project | Power | Egypt, Arab Rep. | 2022 |
| 7 | Suzano Cerrado Project | Others | Brazil | 2022 |
Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 3
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
SMTB´s implementation reporting is provided at: https://www.smth.jp/english/sustainability/strategy_approach/business_strategy/project_finance_initiatives and https://www.smth.jp/english/-/media/th/english/sustainability/strategy_approach/business_strategy/project_finance_initiatives/pdf/implementation_guideline.pdf