Introduction to the Equator Principles
The Equator Principles(EP), which were announced by the Equator Principles Association(EPA) in 2003, provide financial institutions with the standards and evaluation framework of financing process to identify, assess and manage the environmental and social risks for significant project financing.
To implement the promise of enterprise sustainable development, Bank of Taiwan(BOT) has become formally the member of the Equator Principles Association in May 2022 and wholly comply with the 10 Principles of the Equator Principles.
Official website of the Equator Principles →中文版本 →
Implementation of the Equator Principles
BOT became signatories to the Equator Principles since 2022. To assess the environmental and social risk and implement risk management framework more efficiently, BOT set up Sustainable Finance Section within the Credit Management Department to serve as the primary unit responsible for drafting internal regulations related to the Equator Principles and reviewing Equator Principles cases. All corporate credit cases processed by BOT are required to be evaluated for their applicability to the Equator Principles, ensuring proper identification and management of E&S risks in our lending operations.
Credit process for EP projects
Training and International Participation
To enhance staff understanding of the Equator Principles, BOT collaborated with external consultants to conduct training programs, strengthening the identification and management of E&S risks and ensuring effective implementation of the Equator Principles policy. In 2024, BOT attended the EP Training and Technical Workshops in Bangkok for the first time, engaging with members of Equator Principles Financial Institutions from around the world. Through expert sharing and interactive exchanges, the bank gained deeper insights into the Equator Principles and ESG issues.
2024 Equator Principles Cases Reporting
．Project Finance Advisory
| Total Number of cases | 0 |
|---|---|
| Sector | |
| Mining | 0 |
| Infrastructure | 0 |
| Oil & Gas | 0 |
| Power | 0 |
| Others | 0 |
| Region | |
| Americas | 0 |
| Europe, Middle East & Africa | 0 |
| Asia Pacific | 0 |
．Project Finance
| Total Number of cases | A | B | C |
|---|---|---|---|
| 0 | 0 | 1 | |
| Sector | |||
| Mining | 0 | 0 | 0 |
| Infrastructure | 0 | 0 | 0 |
| Oil & Gas | 0 | 0 | 0 |
| Power | 0 | 0 | 1 |
| Others | 0 | 0 | 0 |
| Region | |||
| Americas | 0 | 0 | 0 |
| Europe, Middle East & Africa | 0 | 0 | 0 |
| Asia Pacific | 0 | 0 | 1 |
| Country Designation | |||
| Designated Country | 0 | 0 | 0 |
| Non-Designated Country | 0 | 0 | 1 |
| Both | 0 | 0 | 0 |
| Independent Review | |||
| Yes | 0 | 0 | 0 |
| No | 0 | 0 | 1 |
．Project-related Refinance & Project-related Acquisition For Project Finance
| Total Number of cases | 0 |
|---|---|
| Sector | |
| Mining | 0 |
| Infrastructure | 0 |
| Oil & Gas | 0 |
| Power | 0 |
| Others | 0 |
| Region | |
| Americas | 0 |
| Europe, Middle East & Africa | 0 |
| Asia Pacific | 0 |
| Country Designation | |
| Designated Country | 0 |
| Non-Designated Country | 0 |
| Both | 0 |
．Project-Related Corporate Loans
| Total Number of cases | A | B | C |
|---|---|---|---|
| 0 | 0 | 0 | |
| Sector | |||
| Mining | 0 | 0 | 0 |
| Infrastructure | 0 | 0 | 0 |
| Oil & Gas | 0 | 0 | 0 |
| Power | 0 | 0 | 0 |
| Others | 0 | 0 | 0 |
| Region | |||
| Americas | 0 | 0 | 0 |
| Europe, Middle East & Africa | 0 | 0 | 0 |
| Asia Pacific | 0 | 0 | 0 |
| Country Designation | |||
| Designated Country | 0 | 0 | 0 |
| Non-Designated Country | 0 | 0 | 0 |
| Both | 0 | 0 | 0 |
| Independent Review | |||
| Yes | 0 | 0 | 0 |
| No | 0 | 0 | 0 |