Reporting – Commonwealth Bank of Australia (2017 – 2018)

Adoption Date:26 May 2014
Country of Headquarters:Australia
Region of Headquarters:Oceania
Institutional Reporting Hyperlink:CBA Equator Principles Reporting
Current EPFI Reporting Year/Period:1 May 2017 - 30 June 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: 11

Totals1100
Totals1100
SectorCategory ACategory BCategory C
Mining1
Infrastructure
Oil & Gas
Power19
Others
RegionCategory ACategory BCategory C
Americas11
Europe, Middle East & Africa2
Asia Pacific7
Country DesignationCategory ACategory BCategory C
Designated1110
Non-Designated
Independent ReviewCategory ACategory BCategory C
Yes110
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
1Bungala Two Solar FarmPowerAustralia2017
2Hayman & Daydream Solar FarmsPowerAustralia2017
3Tailem Bend Solar FarmPowerAustralia2018
4Stockyard Hill Wind FarmPowerAustralia2018
5Greenough River Solar FarmPowerAustralia2018
6Crowlands Wind FarmPowerAustralia2018
7Mount Signal 3 Solar FarmPowerUSA2017
8Voyager Wind IIPowerUSA2018
9Lightsource Pumbaa LimitedPowerUK2017
10Dalgaranga Gold ProjectMiningAustralia2017

1 project was not disclosed as per the disclosure conditions specified in Annex B of the Equator Principles

PROJECT-RELATED CORPORATE LOANS

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

IMPLEMENTATION OF THE EQUATOR PRINCIPLES

By adopting EPIII, CBA builds on its’ commitment to responsible lending and formalises the reporting of our environmental and social risk practices. CBA’s EPIII practices and controls are embedded in CBA’s loan origination policies, processes, key decisions forums and reporting systems. In addition to the initial EPIII face to face training, this year the relevant risk, relationship and product teams completed e-learning on Equator Principles III.

For further information refer to https://www.commbank.com.au/content/dam/commbank-assets/about-us/2018-10/Equator-Principles-III-Reporting-FY18.pdf, and to p. 40 in https://www.commbank.com.au/content/dam/commbank/about-us/shareholders/pdfs/results/fy18/cba-annual-report-2018.pdf