ABSTRACT
The Equator Principles are a set of guidelines for financial institutions which provide a benchmark on social and environmental issues for project financing. The Equator Principles have been successful in achieving critical mass. Adopters of the Equator Principles are known as Equator Principle Financial Institutions (EPFIs). In 2006, the EPFIs met to revise the Principles to incorporate the lessons learned and feedback from key stakeholders. The Equator Principles is one of very few voluntary sector initiatives to have succeeded in reaching critical mass in its sector, the market for project financing. The EPFIs have consequently adopted these Principles in order to ensure that the projects we finance are developed in a manner that is socially responsible and reflect sound environmental management practices. Each EPFI adopting the Equator Principles commits to report publicly at least annually about its Equator Principles implementation processes and experience, taking into account appropriate confidentiality considerations.
