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Equator principles reporting

EP Reporting Under EPIII

In 2013, EP were updated and the type of annual reporting required from EPFIs evolved. General information on the current reporting requirements can be found in the EP Implementation Note.

Societe Generale 2014 EP Data

In 2014, 46 transactions, namely 33 project loans, 5 project-related corporate loans and 8 advisory mandates relating to project financing, 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 2014 which fall in the EP scope. The breakdown follows the guidelines developed by the EP Association.

About 40% of the transactions signed in 2014 (including advisory services) were category A, requiring heightened due diligence processes, and 56% category B. More than 1 in 3 of all category A and B projects were located in non designated countries, with a large majority of category B projects located in designated countries. Most of the projects were situated in Europe and the Americas, although 6% were in Africa.

A large variety of sectors was covered in 2014 with electricity production being the most important one with 22 projects, 18 of which being in the renewable energy sector.

Equator Principles Categories

Category A: projects with potential significant adverse social or environmental impacts that are diverse, irreversible or unprecedented.

Category B: projects with potential limited adverse social and environmental impacts that are few in number, generally site-specific, largely reversible and readily addressed through mitigation measures.

Category C: projects with minimal or no social and environmental impacts.

EP transactions signed by sector in 2014 (numbers)