BANK OF NOVA SCOTIA

Adoption Date: 25 September 2006
Country of Headquarters: Canada
Region of Headquarters: North America
Institutional Reporting Hyperlink: http://www.scotiabank.com/corp/downloads/EN_2016_GRI_Report.pdf
Current EPFI Reporting Year/Period: 1 November 2015 - 31 October 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: 7

Sector
Total
Mining
Infrastructure 6
Oil & Gas 1
Power
Others
Sub Total
7

 

Region
Total
Americas 7
Europe, Middle East & Africa
Asia Pacific
Sub Total
7

 

PROJECT FINANCE TRANSACTIONS


Total number that reached financial close in the reporting period: 4

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


Infrastructure
1 2
Oil & Gas


Power
1
Others


Region
Category A
Category B
Category C
Americas
1 2
Europe, Middle East & Africa


Asia Pacific
1
Country Designation
Category A
Category B
Category C
Designated1
1 2
Non-Designated
1
Independent Review
Category A
Category B
Category C
Yes
2 2
No


Totals
0
2
2

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 (NOVEMBER 2015 - OCTOBER 2016)

No. Project Name
Sector
Host Country Name/ Project Location Year of Financial Close
1
Valley Line Light Rail Transit, Edmonton - Stage 1
Infrastructure Canada 2016
2
Capital Metro Light Rail Transit, Canberra
Infrastructure Australia 2016
3
Gas Natural Atlantico - Transmission Line
Power Panama 2016
4 Southwest Calgary Ring Road Infrastructure Canada 2016

1 project was not disclosed as per the disclosure conditions specified in Annex B of the Equator Principles.


PROJECT-RELATED CORPORATE LOANS


Total number that reached financial close in the reporting period: 1

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


Infrastructure


Oil & Gas


Power
1
Others


Region
Category A
Category B
Category C
Americas
1
Europe, Middle East & Africa


Asia Pacific


Country Designation
Category A
Category B
Category C
Designated1


Non-Designated
1
Independent Review
Category A
Category B
Category C
Yes
1
No


Totals
0
1
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

IMPLEMENTATION OF THE EQUATOR PRINCIPLES

Scotiabank has a robust set of tools and guidance documents to help ensure that banking and credit officers leading project finance transactions have the necessary information to meet Equator Principles requirements. The credit unit and senior management provide oversight on transactions. Two dedicated environmental and social risk managers are available to the deal team to provide advice and counsel when necessary. While separate environmental and social risk management procedures exist for non-Equator Principles loans, banking officers are encouraged to complete Equator Principles-style due diligence for all project finance transactions (and not just those to which the Equator Principles are deemed to apply).

Further detail is available at: http://www.scotiabank.com/corp/downloads/EN_2016_GRI_Report.pdf