Do the Equator Principles work?

Over the past 15 years, the Equator Principles have improved labor standards and environmental practices, and strengthened engagement with indigenous peoples and local communities.

What are the benefits of Equator?

The Equator Principles (EP) have become the financial industry standard for environmental and social risk management in projects. Financial institutions adopt the EPs to ensure that the projects they finance are developed in a socially responsible manner and reflect sound environmental management practices.

What is the purpose of the Equator Principles?

The Equator Principles (EPs) is a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in projects. It is primarily intended to provide a minimum standard for due diligence and monitoring to support responsible risk decision-making.

How are financial institutions involved in the Equator Principles?

Equator Principles Financial Institutions (EPFIs) commit to implementing the EP in their internal environmental and social policies, procedures and standards for financing projects and will not provide Project Finance or Project-Related Corporate Loans to projects where the client will not, or is unable to,…

When did the Equator Principles first come out?

The Equator Principles (EPs) were thus formulated in June 2003. EPs were first revised in July 2006, to align it with the IFC Performance Standards (April 2006).

When to use the Equator Principles in EPFIs?

Equator Principles. While the Equator Principles are not intended to be applied retroactively, EPFIs apply them to the expansion or upgrade of an existing project where changes in scale or scope may create significant environmental and social risks and impacts, or significantly change the nature or degree of an existing impact.

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