SRI and finance - Equator Principles are updated to expand their scope and depth

13 August 2012 - Ethical Insight: Issue 194, Maplecroft

On 13 August 2012, the Equator Principles Association published a draft of the updated Equator Principles (EP III) for stakeholder and public comment. The Equator Principles are a set of non-binding of standards which help companies determine, assess, and manage environmental risk in project finance transactions greater than US$10m. Since their initial release in June 2003, the initiative has received the backing of over 70 financial institutions in 32 countries. The third iteration of the Equator Principles is significant as it demonstrates that the organisation is committed to strengthening reporting requirements and improving disclosure. Read More.