Reporting – Manulife (2016)

Adoption Date:11 May 2005
Country of Headquarters:Canada
Region of Headquarters:North America
Institutional Reporting Hyperlink:http://www.manulife.com/servlet/servlet.FileDownload?file=00P5000000kq0QqEAI
Current EPFI Reporting Year/Period: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: 0

PROJECT FINANCE TRANSACTIONS

Total number that reached financial close in the reporting period: 31

Totals01021
Totals01021
SectorCategory ACategory BCategory C
Mining
Infrastructure6
Oil & Gas
Power106
Others9
RegionCategory ACategory BCategory C
Americas1019
Europe, Middle East & Africa
Asia Pacific2
Country DesignationCategory ACategory BCategory C
Designated11021
Non-Designated
Independent ReviewCategory ACategory BCategory C
Yes119
No92

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

No.Project NameSectorHost Country Name/ Project LocationYear of Financial Close
1SolarCityPowerUSA2016
2BeamLight SolarPowerCanada2016
3Kingston Solar ProjectPowerCanada2016
4Grand RenewablePowerCanada2016
5Chaudiere FallsPowerCanada2016
6Southwest Calgary Ring RoadInfrastructureCanada2016
7Stoney CNG Bus Storage and Transit FacilityInfrastructureCanada2016
8Mackenzie Vaughan HospitalInfrastructureCanada2016
9Sea-to-Sky Highway Improvement ProjectInfrastructureCanada2016
10North Bay Regional Health CentreInfrastructureCanada2016
11Mississippi and Alabama TimberlandsOthersUSA2016
12Bishop ForestOthersUSA2016

19 projects were 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: 0

IMPLEMENTATION OF THE EQUATOR PRINCIPLES

Environmental and social risk review related to the Equator Principles is incorporated into our regular transaction review and approval process. As part of the due diligence for each project finance transaction, we require an independent third party advisor (technical independent engineer) who works on the lender’s behalf to write an Independent Engineer Report. Most reports include a specific review of the Equator Principles and having a report satisfactory to the lender is a condition precedent to closing.  For those transactions in which Equator Principles is not part of the scope of the Independent Engineer’s report, we self-assess.

Further information can be found in Manulife’s 2016 Public Accountability Statement available at:
http://www.manulife.com/servlet/servlet.FileDownload?file=00P5000000kq0QqEAI