Thank You

Thank you very much for getting in contact.

  • If your submission requires a reply we will get back to you within 48 hours.
  • If you have joined our mailing list, we look forward to sending you our latest news.

If you have any further comments or would like to send us a more detailed email please contact the EP Secretariat:

Samantha Hoskins
Administrator, Equator Principles Secretariat
The Equator Principles Association
Tel:  +44 1621 853 900
Fax: +44 1621 731 483
Email:   JLIB_HTML_CLOAKING

 

 

 

 

 

Thank You

Thank you very much for getting in contact.

  • If your submission requires a reply we will get back to you within 48 hours.
  • If you have joined our mailing list, we look forward to sending you our latest news.

If you have any further comments or would like to send us a more detailed email please contact the EP Secretariat:

Samantha Hoskins
Administrator, Equator Principles Secretariat
The Equator Principles Association
Tel:  +44 1621 853 900
Fax: +44 1621 731 483
Email:   JLIB_HTML_CLOAKING

 

 

 

 

 

Thank You

Thank you very much for getting in contact.

  • If your submission requires a reply we will get back to you within 48 hours.
  • If you have joined our mailing list, we look forward to sending you our latest news.

If you have any further comments or would like to send us a more detailed email please contact the EP Secretariat:

Samantha Hoskins
Administrator, Equator Principles Secretariat
The Equator Principles Association
Tel:  +44 1621 853 900
Fax: +44 1621 731 483
Email:   JLIB_HTML_CLOAKING

 

 

 

 

 

Contact The Equator Principles Secretariat

 

Contact The Equator Principles Secretariat

 

Contact The Equator Principles Secretariat

 

Legal Information & Disclaimer

The Equator Principles Association (the Association) is the unincorporated association of Equator Principles Financial Institutions (EPFIs) whose object is the management, administration and development of the Equator Principles (EPs). The Association was formed on the 1 July 2010 and resides with the Administrator of the EP Secretariat in the United Kingdom:

Jessica Smith, Director, Peoplesized Ltd.
Administrator, Equator Principles Secretariat
The Equator Principles Association

Email:  JLIB_HTML_CLOAKING

An unincorporated association is a voluntary association or union of a group of individuals who enter into an agreement as volunteers to form a body (organization) to accomplish a purpose. Members of the Association have a contractual rather than statutory relationship. The EPFIs have adopted Governance Rules for managing the Association.

An unincorporated association is not recognised at law as a legal body. An unincorporated association has no legal rights at law because it is not perceived as a separate entity, unlike a limited company. It has no existence or personality separate from its individual members.

Because it has no legal identity of its own and in legal terms is only a collection of individuals, an unincorporated association cannot:

  • Start a legal action;
  • Borrow money;
  • Enter into contracts in its own name;
  • Hold property.

The Association has appointed BNP Paribas as Corporate Trustee to act on behalf of the EPFIs with regards to managing the Association’s assets and liabilities. This includes owning the Association’s physical or intellectual property rights, being responsible for the Association bank account, tax liability and contracts with external parties.

Disclaimer

All information contained on the The Equator Principles website is provided without guarantee of any kind, either express or implied, including, without limitation, guarantees as to fitness for a specific purpose, non-infringement, accuracy or completeness of any materials published therein.

Under no circumstances shall The Equator Principles Association or its members be liable for any direct or consequential loss, personal injury, property damage, or expense of whatever nature incurred or suffered by a user that is claimed to have resulted from the use of The Equator Principles website or other outputs.

The Equator Principles Association shall not be liable under any circumstances for how or for what purpose users apply the information obtained from the Equator Principles Association website. The user maintains sole responsibility and risk for use of The Equator Principles Association website and outputs.

 

Legal Information & Disclaimer

The Equator Principles Association (the Association) is the unincorporated association of Equator Principles Financial Institutions (EPFIs) whose object is the management, administration and development of the Equator Principles (EPs). The Association was formed on the 1 July 2010 and resides with the Administrator of the EP Secretariat in the United Kingdom:

Jessica Smith, Director, Peoplesized Ltd.
Administrator, Equator Principles Secretariat
The Equator Principles Association

Email:  JLIB_HTML_CLOAKING

An unincorporated association is a voluntary association or union of a group of individuals who enter into an agreement as volunteers to form a body (organization) to accomplish a purpose. Members of the Association have a contractual rather than statutory relationship. The EPFIs have adopted Governance Rules for managing the Association.

An unincorporated association is not recognised at law as a legal body. An unincorporated association has no legal rights at law because it is not perceived as a separate entity, unlike a limited company. It has no existence or personality separate from its individual members.

Because it has no legal identity of its own and in legal terms is only a collection of individuals, an unincorporated association cannot:

  • Start a legal action;
  • Borrow money;
  • Enter into contracts in its own name;
  • Hold property.

The Association has appointed BNP Paribas as Corporate Trustee to act on behalf of the EPFIs with regards to managing the Association’s assets and liabilities. This includes owning the Association’s physical or intellectual property rights, being responsible for the Association bank account, tax liability and contracts with external parties.

Disclaimer

All information contained on the The Equator Principles website is provided without guarantee of any kind, either express or implied, including, without limitation, guarantees as to fitness for a specific purpose, non-infringement, accuracy or completeness of any materials published therein.

Under no circumstances shall The Equator Principles Association or its members be liable for any direct or consequential loss, personal injury, property damage, or expense of whatever nature incurred or suffered by a user that is claimed to have resulted from the use of The Equator Principles website or other outputs.

The Equator Principles Association shall not be liable under any circumstances for how or for what purpose users apply the information obtained from the Equator Principles Association website. The user maintains sole responsibility and risk for use of The Equator Principles Association website and outputs.

 

Legal Information & Disclaimer

The Equator Principles Association (the Association) is the unincorporated association of Equator Principles Financial Institutions (EPFIs) whose object is the management, administration and development of the Equator Principles (EPs). The Association was formed on the 1 July 2010 and resides with the Administrator of the EP Secretariat in the United Kingdom:

Jessica Smith, Director, Peoplesized Ltd.
Administrator, Equator Principles Secretariat
The Equator Principles Association

Email:  JLIB_HTML_CLOAKING

An unincorporated association is a voluntary association or union of a group of individuals who enter into an agreement as volunteers to form a body (organization) to accomplish a purpose. Members of the Association have a contractual rather than statutory relationship. The EPFIs have adopted Governance Rules for managing the Association.

An unincorporated association is not recognised at law as a legal body. An unincorporated association has no legal rights at law because it is not perceived as a separate entity, unlike a limited company. It has no existence or personality separate from its individual members.

Because it has no legal identity of its own and in legal terms is only a collection of individuals, an unincorporated association cannot:

  • Start a legal action;
  • Borrow money;
  • Enter into contracts in its own name;
  • Hold property.

The Association has appointed BNP Paribas as Corporate Trustee to act on behalf of the EPFIs with regards to managing the Association’s assets and liabilities. This includes owning the Association’s physical or intellectual property rights, being responsible for the Association bank account, tax liability and contracts with external parties.

Disclaimer

All information contained on the The Equator Principles website is provided without guarantee of any kind, either express or implied, including, without limitation, guarantees as to fitness for a specific purpose, non-infringement, accuracy or completeness of any materials published therein.

Under no circumstances shall The Equator Principles Association or its members be liable for any direct or consequential loss, personal injury, property damage, or expense of whatever nature incurred or suffered by a user that is claimed to have resulted from the use of The Equator Principles website or other outputs.

The Equator Principles Association shall not be liable under any circumstances for how or for what purpose users apply the information obtained from the Equator Principles Association website. The user maintains sole responsibility and risk for use of The Equator Principles Association website and outputs.

 

The Equator Principles Secretariat

The Equator Principles (EP) Association Secretariat manages the day to day running of the EP Association and provides a wide variety of services to the EP Association members, Steering Committee and Chair. These include:

  • being the first point of contact for all internal and external enquiries,
  • managing internal and external communications including the EP website, press and general updates,
  • providing advice and assistance with regards to adoption,
  • managing the financial administration relating to the running of EP Association.

The EP Association Secretariat can be contacted at JLIB_HTML_CLOAKING





 

 

The Equator Principles Secretariat

The Equator Principles (EP) Association Secretariat manages the day to day running of the EP Association and provides a wide variety of services to the EP Association members, Steering Committee and Chair. These include:

  • being the first point of contact for all internal and external enquiries,
  • managing internal and external communications including the EP website, press and general updates,
  • providing advice and assistance with regards to adoption,
  • managing the financial administration relating to the running of EP Association.

The EP Association Secretariat can be contacted at JLIB_HTML_CLOAKING





 

 

The Equator Principles Secretariat

The Equator Principles (EP) Association Secretariat manages the day to day running of the EP Association and provides a wide variety of services to the EP Association members, Steering Committee and Chair. These include:

  • being the first point of contact for all internal and external enquiries,
  • managing internal and external communications including the EP website, press and general updates,
  • providing advice and assistance with regards to adoption,
  • managing the financial administration relating to the running of EP Association.

The EP Association Secretariat can be contacted at JLIB_HTML_CLOAKING





 

 

THE EQUATOR PRINCIPLES

The Equator Principles is a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in projects.

It is primarily intended to provide a minimum standard for due diligence to support responsible risk decision-making.

Currently 91 Equator Principles Financial Institutions (EPFIs) in 37 countries have officially adopted the EP, covering over 70 percent of international Project Finance debt in emerging markets.

EPFIs commit to implementing the EP in their internal environmental and social policies, procedures and standards for financing projects and will..... Read More

ABOUT THE EP ASSOCIATION

The Equator Principles Association is the unincorporated association of member Equator Principles Financial Institutions (EPFIs) whose object is the management, administration and development of the Equator Principles.

The Equator Principles  Association was formed on 1 July 2010 and it is governed by a set of Governance Rules which provide guidance to existing and prospective EPFIs on the processes for the management, administration and development of the Equator Principles.

The EP Association Steering Committee co-ordinates the administration, management and development of the EPs on behalf of the member EPFIs. Read More

NEW ADOPTERS

Stockholm, 21 June 2017

The Swedish Export Credit Corporation (SEK) announced its adoption of the Equator Principles, a globally recognised benchmark for determining, assessing and managing environmental and social risk in bank financed projects. To date, 90 financial institutions in 37 countries have signed up to the Equator Principles. As an export credit institution, SEK already applies sustainability risk assessments in accordance with the OECD frameworks and other relevant international frameworks for projects and export credits. Read more.

Announcement in Swedish

Tokyo, 01 May 2017

The Norinchukin Bank, one of Japan's largest financial institutions serving agricultural, fishery, and forestry cooperatives, announced its adoption of the Equator Principles, a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risks in projects. The Norinchukin Bank becomes the 90th member of the Equator Principles Association.

Announcement in Japanese

 

 

 


EP ASSOCIATION NEWS

EP Association Annual Meeting 2017 Outcomes

2 Nov 2017

The Equator Principles Annual Meeting 2017 on 24-25 October in São Paulo was the largest ever, with more than 130 individuals representing 60 Equator Principles Financial Institutions (EPFIs), including 3 new adopters in attendance from key markets (inc. China, South Korea).


The meeting served to debate and share knowledge on key topics of concern to EPFIs including application of Free, Prior and Informed Consent (FPIC) in different jurisdictions, the ‘Designated Countries’ approach within the EPs, climate risk, applying EP beyond scope, and effective approaches for EPFIs to manage environmental and social (E&S) risks during the monitoring phase of projects. Non-member participants joined specific sessions bringing expert views from Brazilian and international academia, civil society, consultancy companies, and clients.


The discussions reflected understanding that the debate on sustainable finance has moved on from June 2013 when the last iteration of the EPs was issued. The approach of FIs, regulators, clients and civil society to E&S risks in finance is rapidly changing. In particular, participants reflected on the important implications of the Paris Agreement, challenges in implementation of FPIC, and the recently released Financial Stability Board’s (FSB) Task Force on Climate-Related Financial Disclosures (TCFD) recommendations.


The EP Association is therefore planning to start a process of updating the Equator Principles. This effort is in line with our commitment to “reflect ongoing learning and emerging good practice”, per the EP3 Preamble. The aim of the process will be on a targeted update to the EPs – ‘EP4’ – that will consider the key issues of scope of applicability, human rights (inclusive of the rights of Indigenous Peoples), and climate change, amongst others.


EPFIs recognise that one of the biggest added values of the EPs is to its own members. The EP Association wants to retain the overall approach of the EPs, being a risk management framework primarily intended to support FIs to identify, assess and manage the E&S risks and impacts of transactions in a structured way.


This round will be the first time that the EP undertakes a review that is not attached to an update of the International Finance Corporation’s (IFC) Performance Standards (PS). The IFC PS remain valuable and will continue to be the main benchmark standard that the Principles reference for non-Designated Countries.


The EP Association anticipates that this update process will take up to 18 months, and we expect to kick off this process shortly (after a brief scoping period within the Steering Committee). The review process will include external stakeholder consultation and will be conducted in accordance with the Association’s Governance Rules.


As part of the update, the Association will consider introducing a periodic review of the EPs, so that they would be updated on a regular cycle in future, to maintain their relevance in a rapidly changing world.


While EP3 is still in effect, and in view of the period that EP4 revision will take, a clarification note on some specific aspects regarding application of the EPs in Designated Countries will be developed and issued publicly by the Association.


- The Equator Principles Association Steering Committee

Read more EP news

 

 

Translate Using GoogleTranslate >

THE EQUATOR PRINCIPLES

The Equator Principles is a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in projects.

It is primarily intended to provide a minimum standard for due diligence to support responsible risk decision-making.

Currently 91 Equator Principles Financial Institutions (EPFIs) in 37 countries have officially adopted the EP, covering over 70 percent of international Project Finance debt in emerging markets.

EPFIs commit to implementing the EP in their internal environmental and social policies, procedures and standards for financing projects and will..... Read More

ABOUT THE EP ASSOCIATION

The Equator Principles Association is the unincorporated association of member Equator Principles Financial Institutions (EPFIs) whose object is the management, administration and development of the Equator Principles.

The Equator Principles  Association was formed on 1 July 2010 and it is governed by a set of Governance Rules which provide guidance to existing and prospective EPFIs on the processes for the management, administration and development of the Equator Principles.

The EP Association Steering Committee co-ordinates the administration, management and development of the EPs on behalf of the member EPFIs. Read More

NEW ADOPTERS

Stockholm, 21 June 2017

The Swedish Export Credit Corporation (SEK) announced its adoption of the Equator Principles, a globally recognised benchmark for determining, assessing and managing environmental and social risk in bank financed projects. To date, 90 financial institutions in 37 countries have signed up to the Equator Principles. As an export credit institution, SEK already applies sustainability risk assessments in accordance with the OECD frameworks and other relevant international frameworks for projects and export credits. Read more.

Announcement in Swedish

Tokyo, 01 May 2017

The Norinchukin Bank, one of Japan's largest financial institutions serving agricultural, fishery, and forestry cooperatives, announced its adoption of the Equator Principles, a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risks in projects. The Norinchukin Bank becomes the 90th member of the Equator Principles Association.

Announcement in Japanese

 

 

 


EP ASSOCIATION NEWS

EP Association Annual Meeting 2017 Outcomes

2 Nov 2017

The Equator Principles Annual Meeting 2017 on 24-25 October in São Paulo was the largest ever, with more than 130 individuals representing 60 Equator Principles Financial Institutions (EPFIs), including 3 new adopters in attendance from key markets (inc. China, South Korea).


The meeting served to debate and share knowledge on key topics of concern to EPFIs including application of Free, Prior and Informed Consent (FPIC) in different jurisdictions, the ‘Designated Countries’ approach within the EPs, climate risk, applying EP beyond scope, and effective approaches for EPFIs to manage environmental and social (E&S) risks during the monitoring phase of projects. Non-member participants joined specific sessions bringing expert views from Brazilian and international academia, civil society, consultancy companies, and clients.


The discussions reflected understanding that the debate on sustainable finance has moved on from June 2013 when the last iteration of the EPs was issued. The approach of FIs, regulators, clients and civil society to E&S risks in finance is rapidly changing. In particular, participants reflected on the important implications of the Paris Agreement, challenges in implementation of FPIC, and the recently released Financial Stability Board’s (FSB) Task Force on Climate-Related Financial Disclosures (TCFD) recommendations.


The EP Association is therefore planning to start a process of updating the Equator Principles. This effort is in line with our commitment to “reflect ongoing learning and emerging good practice”, per the EP3 Preamble. The aim of the process will be on a targeted update to the EPs – ‘EP4’ – that will consider the key issues of scope of applicability, human rights (inclusive of the rights of Indigenous Peoples), and climate change, amongst others.


EPFIs recognise that one of the biggest added values of the EPs is to its own members. The EP Association wants to retain the overall approach of the EPs, being a risk management framework primarily intended to support FIs to identify, assess and manage the E&S risks and impacts of transactions in a structured way.


This round will be the first time that the EP undertakes a review that is not attached to an update of the International Finance Corporation’s (IFC) Performance Standards (PS). The IFC PS remain valuable and will continue to be the main benchmark standard that the Principles reference for non-Designated Countries.


The EP Association anticipates that this update process will take up to 18 months, and we expect to kick off this process shortly (after a brief scoping period within the Steering Committee). The review process will include external stakeholder consultation and will be conducted in accordance with the Association’s Governance Rules.


As part of the update, the Association will consider introducing a periodic review of the EPs, so that they would be updated on a regular cycle in future, to maintain their relevance in a rapidly changing world.


While EP3 is still in effect, and in view of the period that EP4 revision will take, a clarification note on some specific aspects regarding application of the EPs in Designated Countries will be developed and issued publicly by the Association.


- The Equator Principles Association Steering Committee

Read more EP news

 

 

Translate Using GoogleTranslate >

THE EQUATOR PRINCIPLES

The Equator Principles is a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in projects.

It is primarily intended to provide a minimum standard for due diligence to support responsible risk decision-making.

Currently 91 Equator Principles Financial Institutions (EPFIs) in 37 countries have officially adopted the EP, covering over 70 percent of international Project Finance debt in emerging markets.

EPFIs commit to implementing the EP in their internal environmental and social policies, procedures and standards for financing projects and will..... Read More

ABOUT THE EP ASSOCIATION

The Equator Principles Association is the unincorporated association of member Equator Principles Financial Institutions (EPFIs) whose object is the management, administration and development of the Equator Principles.

The Equator Principles  Association was formed on 1 July 2010 and it is governed by a set of Governance Rules which provide guidance to existing and prospective EPFIs on the processes for the management, administration and development of the Equator Principles.

The EP Association Steering Committee co-ordinates the administration, management and development of the EPs on behalf of the member EPFIs. Read More

NEW ADOPTERS

Stockholm, 21 June 2017

The Swedish Export Credit Corporation (SEK) announced its adoption of the Equator Principles, a globally recognised benchmark for determining, assessing and managing environmental and social risk in bank financed projects. To date, 90 financial institutions in 37 countries have signed up to the Equator Principles. As an export credit institution, SEK already applies sustainability risk assessments in accordance with the OECD frameworks and other relevant international frameworks for projects and export credits. Read more.

Announcement in Swedish

Tokyo, 01 May 2017

The Norinchukin Bank, one of Japan's largest financial institutions serving agricultural, fishery, and forestry cooperatives, announced its adoption of the Equator Principles, a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risks in projects. The Norinchukin Bank becomes the 90th member of the Equator Principles Association.

Announcement in Japanese

 

 

 


EP ASSOCIATION NEWS

EP Association Annual Meeting 2017 Outcomes

2 Nov 2017

The Equator Principles Annual Meeting 2017 on 24-25 October in São Paulo was the largest ever, with more than 130 individuals representing 60 Equator Principles Financial Institutions (EPFIs), including 3 new adopters in attendance from key markets (inc. China, South Korea).


The meeting served to debate and share knowledge on key topics of concern to EPFIs including application of Free, Prior and Informed Consent (FPIC) in different jurisdictions, the ‘Designated Countries’ approach within the EPs, climate risk, applying EP beyond scope, and effective approaches for EPFIs to manage environmental and social (E&S) risks during the monitoring phase of projects. Non-member participants joined specific sessions bringing expert views from Brazilian and international academia, civil society, consultancy companies, and clients.


The discussions reflected understanding that the debate on sustainable finance has moved on from June 2013 when the last iteration of the EPs was issued. The approach of FIs, regulators, clients and civil society to E&S risks in finance is rapidly changing. In particular, participants reflected on the important implications of the Paris Agreement, challenges in implementation of FPIC, and the recently released Financial Stability Board’s (FSB) Task Force on Climate-Related Financial Disclosures (TCFD) recommendations.


The EP Association is therefore planning to start a process of updating the Equator Principles. This effort is in line with our commitment to “reflect ongoing learning and emerging good practice”, per the EP3 Preamble. The aim of the process will be on a targeted update to the EPs – ‘EP4’ – that will consider the key issues of scope of applicability, human rights (inclusive of the rights of Indigenous Peoples), and climate change, amongst others.


EPFIs recognise that one of the biggest added values of the EPs is to its own members. The EP Association wants to retain the overall approach of the EPs, being a risk management framework primarily intended to support FIs to identify, assess and manage the E&S risks and impacts of transactions in a structured way.


This round will be the first time that the EP undertakes a review that is not attached to an update of the International Finance Corporation’s (IFC) Performance Standards (PS). The IFC PS remain valuable and will continue to be the main benchmark standard that the Principles reference for non-Designated Countries.


The EP Association anticipates that this update process will take up to 18 months, and we expect to kick off this process shortly (after a brief scoping period within the Steering Committee). The review process will include external stakeholder consultation and will be conducted in accordance with the Association’s Governance Rules.


As part of the update, the Association will consider introducing a periodic review of the EPs, so that they would be updated on a regular cycle in future, to maintain their relevance in a rapidly changing world.


While EP3 is still in effect, and in view of the period that EP4 revision will take, a clarification note on some specific aspects regarding application of the EPs in Designated Countries will be developed and issued publicly by the Association.


- The Equator Principles Association Steering Committee

Read more EP news

 

 

Translate Using GoogleTranslate >

About The Equator Principles

The Equator Principles (EPs) is a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in projects and is primarily intended to provide a minimum standard for due diligence to support responsible risk decision-making.

The EP apply globally, to all industry sectors and to four financial products 1) Project Finance Advisory Services 2) Project Finance 3) Project-Related Corporate Loans and 4) Bridge Loans. The relevant thresholds and criteria for application is described in detail in the Scope section of the EP.

Currently 91 Equator Principles Financial Institutions (EPFIs) in 37 countries have officially adopted the EPs, covering over 70 percent of international Project Finance debt in emerging markets.

EPFIs commit to implementing the EP in their internal environmental and social policies, procedures and standards for financing projects and will not provide Project Finance or Project-Related Corporate Loans to projects where the client will not, or is unable to, comply with the EP.

While the EP are not intended to be applied retroactively, EPFIs apply them to the expansion or upgrade of an existing project where changes in scale or scope may create significant environmental and social risks and impacts, or significantly change the nature or degree of an existing impact.

The EPs have greatly increased the attention and focus on social/community standards and responsibility, including robust standards for indigenous peoples, labour standards, and consultation with locally affected communities within the Project Finance market. They have also promoted convergence around common environmental and social standards. Multilateral development banks, including the  European Bank for Reconstruction & Development , and export credit agencies through the OECD Common Approaches are increasingly drawing on the same standards as the EPs.

The EPs have also helped spur the development of other responsible environmental and social management practices in the financial sector and banking industry (for example,  Carbon Principles in the US,  Climate Principles worldwide) and have provided a platform for engagement with a broad range of interested stakeholders, including non-governmental organisations (NGOs), clients and industry bodies.

Downloads:

Related Content:

 

About The Equator Principles

The Equator Principles (EPs) is a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in projects and is primarily intended to provide a minimum standard for due diligence to support responsible risk decision-making.

The EP apply globally, to all industry sectors and to four financial products 1) Project Finance Advisory Services 2) Project Finance 3) Project-Related Corporate Loans and 4) Bridge Loans. The relevant thresholds and criteria for application is described in detail in the Scope section of the EP.

Currently 91 Equator Principles Financial Institutions (EPFIs) in 37 countries have officially adopted the EPs, covering over 70 percent of international Project Finance debt in emerging markets.

EPFIs commit to implementing the EP in their internal environmental and social policies, procedures and standards for financing projects and will not provide Project Finance or Project-Related Corporate Loans to projects where the client will not, or is unable to, comply with the EP.

While the EP are not intended to be applied retroactively, EPFIs apply them to the expansion or upgrade of an existing project where changes in scale or scope may create significant environmental and social risks and impacts, or significantly change the nature or degree of an existing impact.

The EPs have greatly increased the attention and focus on social/community standards and responsibility, including robust standards for indigenous peoples, labour standards, and consultation with locally affected communities within the Project Finance market. They have also promoted convergence around common environmental and social standards. Multilateral development banks, including the  European Bank for Reconstruction & Development , and export credit agencies through the OECD Common Approaches are increasingly drawing on the same standards as the EPs.

The EPs have also helped spur the development of other responsible environmental and social management practices in the financial sector and banking industry (for example,  Carbon Principles in the US,  Climate Principles worldwide) and have provided a platform for engagement with a broad range of interested stakeholders, including non-governmental organisations (NGOs), clients and industry bodies.

Downloads:

Related Content:

 

About The Equator Principles

The Equator Principles (EPs) is a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in projects and is primarily intended to provide a minimum standard for due diligence to support responsible risk decision-making.

The EP apply globally, to all industry sectors and to four financial products 1) Project Finance Advisory Services 2) Project Finance 3) Project-Related Corporate Loans and 4) Bridge Loans. The relevant thresholds and criteria for application is described in detail in the Scope section of the EP.

Currently 91 Equator Principles Financial Institutions (EPFIs) in 37 countries have officially adopted the EPs, covering over 70 percent of international Project Finance debt in emerging markets.

EPFIs commit to implementing the EP in their internal environmental and social policies, procedures and standards for financing projects and will not provide Project Finance or Project-Related Corporate Loans to projects where the client will not, or is unable to, comply with the EP.

While the EP are not intended to be applied retroactively, EPFIs apply them to the expansion or upgrade of an existing project where changes in scale or scope may create significant environmental and social risks and impacts, or significantly change the nature or degree of an existing impact.

The EPs have greatly increased the attention and focus on social/community standards and responsibility, including robust standards for indigenous peoples, labour standards, and consultation with locally affected communities within the Project Finance market. They have also promoted convergence around common environmental and social standards. Multilateral development banks, including the  European Bank for Reconstruction & Development , and export credit agencies through the OECD Common Approaches are increasingly drawing on the same standards as the EPs.

The EPs have also helped spur the development of other responsible environmental and social management practices in the financial sector and banking industry (for example,  Carbon Principles in the US,  Climate Principles worldwide) and have provided a platform for engagement with a broad range of interested stakeholders, including non-governmental organisations (NGOs), clients and industry bodies.

Downloads:

Related Content:

 

The Equator Principles Association - Governance & Management

The Equator Principles (EP) Association is the unincorporated association of member Equator Principles Financial Institutions (EPFIs) whose object is the management, administration and development of the EPs. The EP Association was formed on 1 July 2010 and was instituted to ensure long-term viability and ease of management of the member EPFIs.

The EP Association is governed by a set of Governance Rules which provide guidance to existing and prospective EPFIs on the processes for the management, administration and development of the EPs.

The EP Association Steering Committee co-ordinates the administration, management and development of the EPs on behalf of the member EPFIs.

There are 10 members of the EP Association Steering Committee:

Chair - Standard Bank

Regional representatives:

- Europe: Credit Suisse

- Latin America: Itau Unibanco

- Asia-Oceana: Mizuho Bank

- North America - Export Development Canada

- Middle East & Africa: First Rand

Management Support:

- ING

-  BTMU

- Commonwealth Bank of Australia

- UK Export Finance

 

The most recent EP Association Governance Rules (April 2017) detail the scope of the roles of the EP Association Steering Committee and how representatives are nominated and appointed.

Downloads:

Related Content:

 

The Equator Principles Association - Governance & Management

The Equator Principles (EP) Association is the unincorporated association of member Equator Principles Financial Institutions (EPFIs) whose object is the management, administration and development of the EPs. The EP Association was formed on 1 July 2010 and was instituted to ensure long-term viability and ease of management of the member EPFIs.

The EP Association is governed by a set of Governance Rules which provide guidance to existing and prospective EPFIs on the processes for the management, administration and development of the EPs.

The EP Association Steering Committee co-ordinates the administration, management and development of the EPs on behalf of the member EPFIs.

There are 10 members of the EP Association Steering Committee:

Chair - Standard Bank

Regional representatives:

- Europe: Credit Suisse

- Latin America: Itau Unibanco

- Asia-Oceana: Mizuho Bank

- North America - Export Development Canada

- Middle East & Africa: First Rand

Management Support:

- ING

-  BTMU

- Commonwealth Bank of Australia

- UK Export Finance

 

The most recent EP Association Governance Rules (April 2017) detail the scope of the roles of the EP Association Steering Committee and how representatives are nominated and appointed.

Downloads:

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The Equator Principles Association - Governance & Management

The Equator Principles (EP) Association is the unincorporated association of member Equator Principles Financial Institutions (EPFIs) whose object is the management, administration and development of the EPs. The EP Association was formed on 1 July 2010 and was instituted to ensure long-term viability and ease of management of the member EPFIs.

The EP Association is governed by a set of Governance Rules which provide guidance to existing and prospective EPFIs on the processes for the management, administration and development of the EPs.

The EP Association Steering Committee co-ordinates the administration, management and development of the EPs on behalf of the member EPFIs.

There are 10 members of the EP Association Steering Committee:

Chair - Standard Bank

Regional representatives:

- Europe: Credit Suisse

- Latin America: Itau Unibanco

- Asia-Oceana: Mizuho Bank

- North America - Export Development Canada

- Middle East & Africa: First Rand

Management Support:

- ING

-  BTMU

- Commonwealth Bank of Australia

- UK Export Finance

 

The most recent EP Association Governance Rules (April 2017) detail the scope of the roles of the EP Association Steering Committee and how representatives are nominated and appointed.

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