Reporting – Bank of Jiangsu (2018)

Adoption Date:20 January 2017
Country of Headquarters:China
Region of Headquarters:Asia
Institutional Reporting Hyperlink:http://www.jsbchina.cn/data/tosend/resource/upload/江苏银行股份有限公司2018年社会责任报告.pdf
Current EPFI Reporting Year/Period:2018
EPFI Reporting in Compliance:Yes

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 above.

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

Totals050
Totals050
SectorCategory ACategory BCategory C
Mining
Infrastructure4
Oil & Gas
Power
Others1
Region
Americas
Europe, Middle East & Africa
Asia Pacific5
Country Designation
Designated1
Non-Designated5
Independent Review
Yes
No5

1Designated 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. For the list of Designated Countries, go to: https://www.equator-principles.com/index.php/ep3/designated-countries

PROJECT NAME REPORTING FOR PROJECT FINANCE TRANSACTIONS

No.Project NameSectorHost Country Name/ Project LocationYear of Financial Close
1Shandong Province Industrial Solid Waste (Hazardous Waste) Disposal Center ProjectInfrastructureChina2018
2Shouguang Industrial Solid Waste Disposal Center ProjectInfrastructureChina2018
3Suqian Hazardous Waste Centralized Disposal ProjectInfrastructureChina2018
4Annual Output of 400000 Tons of Propylene Epoxide ProjectOthersChina2018
5Gaoyou Hazardous Waste Centralized Disposal ProjectInfrastructureChina2018

PROJECT-RELATED CORPORATE LOANS

Total number that reached financial close in the reporting period: 0

IMPLEMENTATION OF THE EQUATOR PRINCIPLES

Establishment of the EP management team

The Equator Principles (EP) implementation and EP project management fall in the remit of the Green Finance and PPP Department of the Bank of Jiangsu. The Department’s responsibilities in relation to EP include:

  • To integrate the EP into the environmental and social risk management risk framework of the Bank.
  • To draw up guidelines and procedures of EP implementation and EP project management.
  • To provide the bank staff with EP-related training, communications and information disclosure.
  • The Jiangsu Provincial Ecological Assessment Center was hired to assist in the environmental & social risk due diligence and provide recommendations on mitigation/remedy actions in order to comply with EP.

Comprehensive Policies and Structure for Implementation

To implement the Equator Principles, the bank has undertaken the following:

  • Issued the Guideline on EP Project Management and Credit Procedure.
  • Launched the development the EP project management system. The first stage deliverable has been completed, which allows for automatic screening of projects that the EPs apply to. All EP projects have been labeled in the Bank’s credit process system.The Bank is negotiating with external consulting firms to execute other development deliverables.
  • A dedicated team has been formed which comprise the Green Finance & PPP Department in the headquarter, a designated EP manager at each tier-1 branch, and the relevant Relationship Managers at subbranches.