| Adoption Date: | 11 May 2005 |
| Country of Headquarters: | Canada |
| Region of Headquarters: | North America |
| Institutional Reporting Hyperlink: | https://www.manulife.com/en/about/sustainability/ |
| Current EPFI Reporting Year/Period: | 2019 |
| EPFI Reporting in Compliance: | Yes |
Reporting – Manulife (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: 0
PROJECT FINANCE TRANSACTIONS
Total number that reached financial close in the reporting period: 20
Totals 0 0 20
Totals 0 0 20
Sector Category A Category B Category C
Mining
Infrastructure 3
Oil & Gas
Power 5
Others 12
Region Category A Category B Category C
Americas 16
Europe, Middle East & Africa
Asia Pacific 4
Country Designation Category A Category B Category C
Designated1 19
Non-Designated 1
Independent Review Category A Category B Category C
Yes
No 20
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 Ergon Peru Power Peru 2019
2 Parris Island Power USA 2019
3 Kadena Air Base Power USA 2019
4 Norfolk Naval Station Power USA 2019
5 Corner Brook Health Partnership Infrastructure Canada 2019
6 Gander and Grand-Falls Windsor Care Homes Infrastructure Canada 2019
7 Macdonald Block Reconstruction Project Infrastructure Canada
8 Chaudière Falls facility Power Canada
12 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 2018 Public Accountability Statement available at:
https://www.manulife.com/content/dam/corporate/global/en/documents/pas/MFC_SR_PAS_2019.pdf
