Reporting – Bank of Nova Scotia (2018 – 2019)

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

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

SectorTotal
Sub Total8
Mining
Infrastructure6
Oil & Gas
Power2
Others

RegionTotal
Sub Total8
Americas4
Europe, Middle East & Africa
Asia Pacific4

PROJECT FINANCE TRANSACTIONS

Total number that reached financial close in the reporting period: 4

Totals112
Totals112
SectorCategory ACategory BCategory C
Mining
Infrastructure1
Oil & Gas1
Power11
Others
RegionCategory ACategory BCategory C
Americas112
Europe, Middle East & Africa
Asia Pacific
Country DesignationCategory ACategory BCategory C
Designated1112
Non-Designated
Independent ReviewCategory ACategory BCategory C
Yes112
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
1Regional Express Rail - Rutherford GO Station ProjectInfrastructureCanada2018
2Venture Global Calcasieu Pass ProjectOil & GasUSA2019
3Energy Services Acquisition / Modernization ProjectPowerCanada2019
4Wataynikaneyap Power ProjectPowerCanada2019

PROJECT-RELATED CORPORATE LOANS

Total number that reached financial close in the reporting period: 3

Totals030
Totals030
SectorCategory ACategory BCategory C
Mining1
Infrastructure
Oil & Gas2
Power
Others
RegionCategory ACategory BCategory C
Americas3
Europe, Middle East & Africa
Asia Pacific
Country DesignationCategory ACategory BCategory C
Designated13
Non-Designated
Independent ReviewCategory ACategory BCategory C
Yes2
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