Equator principles reporting

EP Reporting Under EPIII

In 2015, the EP introduced new reporting obligations in order to improve transparency on transactions financed by members of the association.

Societe Generale 2015 EP Data

In 2015, 47 transactions, namely 31 project finance transactions, 5 project-related corporate loans and 10 project finance advisory mandates and 1 bridge loan falling within the scope of the Equator Principles, were signed.

These data are certified by our external auditor (EY).

The table below shows the detailed distribution of the financial products and services signed in 2015 which fall in the EP scope. The breakdown follows the guidelines developed by the EP Association.

In 2015, 28% of the transactions signed were category A,  70% category B, 4% category C. Most of the projects were located in the Americas and Europe. For each transaction, the E&S Due Diligence process conducted by Societe Generale was commensurate with the nature, scale and stage of the Project, and with the level of environmental and social risks and impacts.

Equator Principles Categories

Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented;

Category B – Projects with potential limited adverse environmental and social risks and/or impacts that are few in number, generally site-specific, largely reversible and readily addressed through mitigation measures;

Category C – Projects with minimal or no adverse environmental and social risks and/or impacts

EP transactions signed by sector in 2015 (numbers)