COMMONWEALTH BANK OF AUSTRALIA

Adoption Date: 26 May 2014
Country of Headquarters: Australia
Region of Headquarters: Oceania
Institutional Reporting Hyperlink: https://www.commbank.com.au/about-us/who-we-are/opportunity-initiatives/policies-and-practices.html
Current EPFI Reporting Year/Period: 1 July 2015 - 30 June 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: 10

Totals
0
7
3
Sector
Category A
Category B
Category C
Mining


Infrastructure
3 3
Oil & Gas
1
Power
3
Others


Region
Category A
Category B
Category C
Americas
3
Europe, Middle East & Africa
1
Asia Pacific
3 3
Country Designation
Category A
Category B
Category C
Designated1
7 2
Non-Designated

1
Independent Review
Category A
Category B
Category C
Yes
7 2
No

1
Totals
0
7
3

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 (JULY 2015 - JUNE 2016 ONLY)

No. Project Name
Sector
Host Country Name/ Project Location Year of Financial Close
1 Iona Gas Plant Infrastructure Australia 2015
2 K2 Wind Power Canada 2015
3 Northern Beaches Hospital Infrastructure Australia 2015
4 Sabine Pass LNG Oil & Gas USA 2015
5 Singapore Sportshub Infrastructure Singapore 2015
6 WestConnex M5 Motorway Infrastructure Australia 2015
7 Beatrice Wind Farm Power UK 2016
8 Canberra Light Rail Infrastructure Australia 2016
9 Tenaska Westmoreland Generating Station Power USA 2016
10 TQ AirportLink Infrastructure Australia 2016

 

PROJECT-RELATED CORPORATE LOANS


Total number that reached financial close in the reporting period: 2

Totals
0
1
1
Sector
Category A
Category B
Category C
Mining
1
Infrastructure

1
Oil & Gas


Power


Others


Region
Category A
Category B
Category C
Americas


Europe, Middle East & Africa


Asia Pacific
1 1
Country Designation
Category A
Category B
Category C
Designated1
1
Non-Designated

1
Independent Review
Category A
Category B
Category C
Yes
1
No

1
Totals
0
1
1

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


IMPLEMENTATION OF THE EQUATOR PRINCIPLES

CBA's EP assessment process is embedded in the loan decision process and aligns with the Group's ESG lending commitments. Key EP categorisation, industry, country and other details are recorded through the loan pipeline system by the Project Finance team, supported by risk and client facing teams.

In addition, key EP categorisation, compliance and details of key ESG risks and client mitigation strategies are embedded in key credit decision documentation. EP assessment is also a key determinant in the escalation process.

For further information refer to https://www.commbank.com.au/about-us/who-we-are/opportunity-initiatives/policies-and-practices.html