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Westpac Banking Corporation (1 Oct 2021 – 30 Sep 2022)
| Adoption Date: | 04 Jun 2003 |
| Region of Headquarters: | Asia-Oceania |
| Current EPFI Reporting Year/Period: | 1 Oct 2021 - 30 Sep 2022 |
| 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: 5
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | 1 | ||
| Oil & Gas | 1 | ||
| Power | 3 | ||
| Others | |||
| Region | |||
| Americas | |||
| Europe, Middle East & Africa | |||
| Asia Pacific | 5 | ||
| Country Designation | |||
| Designated Country 4 | 5 | ||
| Non Designated Country | |||
| Both | |||
| Independent Review | |||
| Yes | 5 | ||
| No | |||
| Totals | 5 | ||
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 | Corowa, Junee, Wagga Wagga Solar Farms | Power | Australia | 2021 |
| 2 | North East Link | Infrastructure | Australia | 2021 |
| 3 | Riverina and Darlington Point Energy Storage Project | Power | Australia | 2022 |
| 4 | Lincoln Gap Wind Farm Stage 1 & 2 and Snapper Point Power Station | Power | Australia | 2022 |
| 5 | Project Sharon | Oil & Gas | Australia | 2022 |
Project-Related Corporate Loans
Total number that reached Financial Close in the reporting period: 0
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.
Implementation of the Equator Principles
Westpac Banking Corporation´s implementation reporting is provided at: https://www.westpac.com.au/about-westpac/sustainability/goverance-and-accountability/our-commitments-partnerships/commitments-and-partnerships-equator-principles/