Adopting international standards and the Equator Principles
Following the inclusion of the Equator Principles in the E.SUN Bank Credit Policy in 2014,
E.SUN has made specific provisions to support enterprises that pay attention to
corporate social responsibility. E.SUN Bank adopted the Equator Principles in
December 2015 to ensure loans would not be used to cause material potential risks or
adverse impact on the environment or the society. In 2016, E.SUN established an
Environmental and Social Risk Task Force and formulated the Equator Principles Project
Finance Guidelines. A credit check review and post-loan management system was
developed based on the Equator Principles.
E.SUN enforces due diligence rigorously. Regarding industries with a greater impact on
the environment or the society, such as those in mining, infrastructures, oil and gas
extraction, and energy, E.SUN will handle the loan applications by classifying the risks
and help clients implement plans to monitor and improve the environmental
impact.E.SUN responds with care to stakeholder attention to credit assets in financing
projects. In addition to applying the Equator Principles, E.SUN exercises its strength in
risk management and influence in resource allocation and works with clients to pursue
Results of 2017: 3 EP compliant financing deals were approved according to credit policy and risk appetite of E.SUN. Risk category of the deals were A and B.
|Number of EP compliant loans: 3
||Audited by independent
|Note: according to EP, A type represents greater impact to the environment, B type represents limited impact to the environment.