| 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 2018 - 31 October 2019 |
| EPFI Reporting in Compliance: | Yes |
Reporting – Bank of Nova Scotia (2018 – 2019)
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: 8
Sector Total
Sub Total 8
Mining
Infrastructure 6
Oil & Gas
Power 2
Others
Region Total
Sub Total 8
Americas 4
Europe, Middle East & Africa
Asia Pacific 4
PROJECT FINANCE TRANSACTIONS
Total number that reached financial close in the reporting period: 4
Totals 1 1 2
Totals 1 1 2
Sector Category A Category B Category C
Mining
Infrastructure 1
Oil & Gas 1
Power 1 1
Others
Region Category A Category B Category C
Americas 1 1 2
Europe, Middle East & Africa
Asia Pacific
Country Designation Category A Category B Category C
Designated1 1 1 2
Non-Designated
Independent Review Category A Category B Category C
Yes 1 1 2
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 Name Sector Host Country Name/ Project Location Year of Financial Close
1 Regional Express Rail - Rutherford GO Station Project Infrastructure Canada 2018
2 Venture Global Calcasieu Pass Project Oil & Gas USA 2019
3 Energy Services Acquisition / Modernization Project Power Canada 2019
4 Wataynikaneyap Power Project Power Canada 2019
PROJECT-RELATED CORPORATE LOANS
Total number that reached financial close in the reporting period: 3
| Totals | 0 | 3 | 0 |
|---|---|---|---|
| Totals | 0 | 3 | 0 |
| Sector | Category A | Category B | Category C |
| Mining | 1 | ||
| Infrastructure | |||
| Oil & Gas | 2 | ||
| Power | |||
| Others | |||
| Region | Category A | Category B | Category C |
| Americas | 3 | ||
| Europe, Middle East & Africa | |||
| Asia Pacific | |||
| Country Designation | Category A | Category B | Category C |
| Designated1 | 3 | ||
| Non-Designated | |||
| Independent Review | Category A | Category B | Category C |
| Yes | 2 | ||
| No | 1 |
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
