Reporting – Bank of Nova Scotia (2016 – 2017)

Adoption Date:25 September 2006
Country of Headquarters:Canada
Region of Headquarters:North America
Institutional Reporting Hyperlink:http://www.scotiabank.com/ca/en/0,,9218,00.html
Current EPFI Reporting Year/Period:1 November 2016 - 31 October 2017
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: 10

SectorTotal
Sub Total10
Mining
Infrastructure10
Oil & Gas
Power
Others

RegionTotal
Sub Total10
Americas10
Europe, Middle East & Africa
Asia Pacific

PROJECT FINANCE TRANSACTIONS

Total number that reached financial close in the reporting period: 1

Totals100
Totals100
SectorCategory ACategory BCategory C
Mining
Infrastructure
Oil & Gas1
Power
Others
RegionCategory ACategory BCategory C
Americas1
Europe, Middle East & Africa
Asia Pacific
Country DesignationCategory ACategory BCategory C
Designated11
Non-Designated
Independent ReviewCategory ACategory BCategory C
Yes1
No

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
1Trans Mountain ExpansionOil & GasCanada2017

PROJECT-RELATED CORPORATE LOANS

Total number that reached financial close in the reporting period: 2

Totals020
Totals020
SectorCategory ACategory BCategory C
Mining
Infrastructure
Oil & Gas1
Power
Others1
RegionCategory ACategory BCategory C
Americas2
Europe, Middle East & Africa
Asia Pacific
Country DesignationCategory ACategory BCategory C
Designated12
Non-Designated
Independent ReviewCategory ACategory BCategory C
Yes1
No1

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

IMPLEMENTATION OF THE EQUATOR PRINCIPLES

Scotiabank has a robust set of tools and guidance documents to help ensure that banking and credit officers leading project finance transactions have the necessary information to meet Equator Principles requirements.  The credit unit and senior management provide oversight on transactions.  Two dedicated environmental and social risk managers are available to the deal team to provide advice and counsel when necessary.

Further detail is available at: http://www.scotiabank.com/corp/en/0,,11477,00.html and http://www.scotiabank.com/corp/downloads/Scotiabank_CSR_Report_2017_ENG.pdf