BANK OF AMERICA CORPORATION

Adoption Date: 15 April 2004
Country of Headquarters: USA
Region of Headquarters: North America
Institutional Reporting Hyperlink:

https://about.bankofamerica.com/assets/pdf/Bank-of-America-2016-ESG-Performance-Data-Summary.pdf

Current EPFI Reporting Year/Period: 2016
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: 2

Totals
0
2
0
Sector
Category A
Category B
Category C
Mining


Infrastructure


Oil & Gas


Power
2
Others


Region
Category A
Category B
Category C
Americas
2
Europe, Middle East & Africa


Asia Pacific


Country Designation
Category A
Category B
Category C
Designated1
2
Non-Designated


Independent Review
Category A
Category B
Category C
Yes
2
No


Totals
0
2
0

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: http://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 Clean Energy Future Power USA 2016
2 Tanaska Westmoreland Power USA 2016

 

PROJECT-RELATED CORPORATE LOANS


Total number that reached financial close in the reporting period: 0


IMPLEMENTATION OF THE EQUATOR PRINCIPLES

Equator Principle implementation is required by internal bank policy and is additionally referenced in external public policies. The related internal policies cover all business units and support groups within the bank. Due dilligence on Equator Principle transactions begins with front line business units which are responsible for adherance to credit and risk management policy, including applicability and adherance to the Equator Principles. Further input and support is provided by Risk Managmeent, business line heads, and subject matter experts on ESG related issues and the Equator Principles. Two senior level subject matter experts are focused on risk management and oversight related to implementation and specific transaction review process under the Equator Principles.

Further information on Bank of America's implementation of the EP can be found at:
https://about.bankofamerica.com/assets/pdf/Bank-of-America-2016-ESG-Performance-Data-Summary.pdf