Equator Principles III is coming – new trends and a strategy rethink

10 May 2013 - Lexology, Michael Torrance

The Equator Principles (EP) is an agreement amongst 76 global financial institutions to apply environmental and social standards to certain investment decisions. The third iteration of the EP is set to be released in 2013 (EP III). A draft of EP III was released in August 2012 suggesting what the final contents may look like. The release of EP III follows a major revision of the IFC Performance Standards on Environmental & Social Sustainability in 2012 (IFC Performance Standards), a set of guidelines that is incorporated by reference into the EP framework. Together, these changes mark an important evolution in best practice in environmental and social risk management of particular importance for both bankers and those seeking access to capital. Read More