Equator Principle 10
Equator Principle 10: Reporting and Transparency
Principle 10 sets out expectations about Reporting and Transparency. Those concern both the borrower (client) requirements and the lender involved in Project Finance
Client Reporting Requirements
The following client reporting requirements are in addition to the disclosure requirements in Equator Principle 5.
For all Category A and, as appropriate, Category B Projects:
- The client will ensure that, at a minimum, a summary of the ESIA is accessible and available online and that it includes a summary of Human Rights and climate change risks and impacts when relevant.
- The client will report publicly, on an annual basis, GHG Emissions levels (combined Scope 1 and Scope 2 Emissions, and, if appropriate, the GHG Efficiency Ratio) during the operational phase for Projects emitting over 100,000 tonnes of CO2 equivalent annually. More specifically
- The EPFI will encourage the client to share commercially non-sensitive Project-specific biodiversity data with the Global Biodiversity Information Facility (GBIF) and relevant national and global data repositories, using formats and conditions to enable such data to be accessed and re-used in future decisions and research applications.
Lender Reporting Requirements
The EPFI will, at least annually, report publicly on transactions that have reached Financial Close and on its Equator Principles implementation processes and experience. The EPFI will report according to the minimum reporting requirements detailed in Annex B, taking into account appropriate confidentiality considerations.
- Annex A of the Equator Principles for detailed requirements on GHG emissions reporting