Reporting – Manulife (2017)

Adoption Date:11 May 2005
Country of Headquarters:Canada
Region of Headquarters:North America
Institutional Reporting Hyperlink:http://www.manulife.com/pas
Current EPFI Reporting Year/Period: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: 0

PROJECT FINANCE TRANSACTIONS

Total number that reached financial close in the reporting period: 27

Totals0621
Totals0621
SectorCategory ACategory BCategory C
Mining
Infrastructure18
Oil & Gas
Power56
Others7
RegionCategory ACategory BCategory C
Americas619
Europe, Middle East & Africa
Asia Pacific
Country DesignationCategory ACategory BCategory C
Designated1619
Non-Designated2
Independent ReviewCategory ACategory BCategory C
Yes217
No44

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
1Southland Repowering ProjectPowerUSA2017
2Campo Palomas Wind FarmPowerUruguay2017
338 Degrees Nroth SolarPowerUSA2017
4BeamLight and Alfred Solar ProjectsPowerCanada2017
5HWY 427 ExpansionInfrastructureCanada2017
6Niagara Falls Entertainment CentreInfrastructureCanada2017
7Woodward Wastewater Treatment Plant Biosolids ProjectInfrastructureCanada2017
8CAMH Phase 1C Redevelopment ProjectInfrastructureCanada2017
9Axium Infinity Solar LPPowerCanada2017
10Southern Oregon TimberlandsOthersUSA2017
11Rayonier Timberlands (Alabama)OthersUSA2017
12Greenwood PlantInfrastructureUSA2017

15 projects were 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

Environmental and social risk review related to the Equator Principles is incorporated into our regular transaction review and approval process. As part of the due diligence for each project finance transaction, we require an independent third party advisor (technical independent engineer) who works on the lender’s behalf to write an Independent Engineer Report. Most reports include a specific review of the Equator Principles and having a report satisfactory to the lender is a condition precedent to closing.  For those transactions in which Equator Principles is not part of the scope of the Independent Engineer’s report, we self-assess.

Further information can be found in Manulife’s 2017 Public Accountability Statement available at:
http://www.manulife.com/pas