THE EQUATOR PRINCIPLES
The Equator Principles is a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in projects.
It is primarily intended to provide a minimum standard for due diligence to support responsible risk decision-making.
Currently 85 Equator Principles Financial Institutions (EPFIs) in 35 countries have officially adopted the EP, covering over 70 percent of international Project Finance debt in emerging markets.
EPFIs commit to implementing the EP in their internal environmental and social policies, procedures and standards for financing projects and will..... Read More
ABOUT THE EP ASSOCIATION
The Equator Principles Association is the unincorporated association of member Equator Principles Financial Institutions (EPFIs) whose object is the management, administration and development of the Equator Principles.
The Equator Principles Association was formed on 1 July 2010 and it is governed by a set of Governance Rules which provide guidance to existing and prospective EPFIs on the processes for the management, administration and development of the Equator Principles.
The EP Association Steering Committee co-ordinates the administration, management and development of the EPs on behalf of the member EPFIs. Read More
Madrid, 26 October 2016
Instituto de Crédito Oficial (ICO)'s General Board approved the institution's decision to become a signatory to the Equator Principles at its meeting on Friday 21 October, as part of the framework of commitments in its CSR and environmental policies.
The Principles, which are voluntary but widely recognised internationally, require signatory financial institutions to guarantee that the projects to which they offer financing or advice are undertaken sustainably. A total of 85 financial institutions from 35 countries have signed up to the Principles created in 2003 by the International Finance Corporation (World Bank), including five Spanish banks and European development banks similar to ICO, such as the KfW in Germany. Read More
São Paulo, 30 June 2016
Banco Votorantim has become signatory of the Equator Principles, a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in projects and is primarily intended to provide a minimum standard for due diligence to support responsible risk decision-making. Read More
Stockholm, 23 June 2016
Svenska Handelsbanken AB (publ) has adopted the Equator Principles, a global framework to promote sustainable environmental, social and human rights decision-making in financing projects.
EP ASSOCIATION NEWS
Standard Bank has been appointed the new chair of the Equator Principles Association for 2015/16, making it the first African Bank to be elected to this position.
The appointment, which takes effect on the 1 June 2015, comes at a critical juncture in the integration of environmental and social considerations within business as a component of responsible investing.
Standard Bank’s Executive & Head of Environmental and Social Advisory within Investment Banking, Nigel Beck, will be the bank’s lead representative and chair. Mr Beck says that while the world is aware there is a need for change, there is not a meeting of the minds on how this is to be achieved. Read More
The Equator Principles Association is pleased to share a new document ‘Equator Principles (June 2013) Implementation Note’ with external stakeholders and other interested parties.
The document, written by EPFIs, contains selected information and examples to support the understanding of the requirements in, and implementation of, the Equator Principles.The document comprises a series of modules containing information to support the implementation of the requirements contained in the Equator Principles on scope, climate change (Principle 2 and Annex A of the Equator Principles) and reporting (Principle 5, 10 and Annex B of the Equator Principles). Read More
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