Reporting – Royal Bank of Scotland (2015)

Adoption Date:4 June 2003
Country of Headquarters:Scotland
Region of Headquarters:Europe
Institutional Reporting Hyperlink:http://www.rbs.com/sustainability/serving-society/environmental-social-and-ethical-ese-risks/equator-principles.html
Current EPFI Reporting Year/Period:2015
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: 2

SectorTotal
Sub Total2
Mining
Infrastructure1
Oil & Gas
Power1
Others

RegionTotal
Sub Total2
Americas
Europe, Middle East & Africa2
Asia Pacific

PROJECT FINANCE TRANSACTIONS

Total number that reached financial close in the reporting period: 5

Totals041
Totals041
SectorCategory ACategory BCategory C
Mining
Infrastructure
Oil & Gas
Power41
Others
RegionCategory ACategory BCategory C
Americas1
Europe, Middle East & Africa31
Asia Pacific
Country DesignationCategory ACategory BCategory C
Designated141
Non-Designated
Independent ReviewCategory ACategory BCategory C
Yes41
No

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
1Footprint Power Salem Harbour Development LPPowerUSA2015
2Project GestaPowerUK2015
3Project PumpkinPowerUK2015
4Project WindsorPowerUK2015
5Sliabh Bawn Wind FarmPowerIreland2015

PROJECT-RELATED CORPORATE LOANS

Total number that reached financial close in the reporting period: 0

IMPLEMENTATION OF THE EQUATOR PRINCIPLES

RBS 2015 Sustainability Report, pages 37-39:
http://www.rbs.com/content/dam/rbs/Documents/Sustainability/2015docs/Sustainability_Report_2015.pdf.

Additional breakdown on the RBS website:
http://www.rbs.com/content/dam/rbs/Documents/Sustainability/2015docs/Equator_Principles_list.pdf

To meet the requirements of Annex B of the Equator Principles – in addition to the information on the foregoing links – RBS notes the following:

  • The ESE Risk Advisory team is comprised of three employees.
  • The requirements of the Equator Principles are embedded in the bank’s ESE risk management policies.