the equator principles

•Roles and Responsibilities in the Required Procedures for the EPs
Compliance

In July 2017, TFB engeged external consultants for joining the Equator Principles Assiciation, an important goal under the sustainbility risk management framework, and the kick-off meeting was held accordingly to provide an introduction of the EPs and the timeline for the EPs implementation to the institutional banking units, credit officers, and other related departments.

In the process of incorporating the EPs into TFB’s credit policies, 6 special meetings for cross department communication were arranged to evaluate the impact of the EPs implementation. According to the credit policies and operating procedures amended for the EPs compliance in April 2018, the application to which the EPs apply are required to identify, evaluate, and categorize the environmental and social risks for approval, and the monitoring and reporting procedures should be performed based on the approved terms and conditions.

Furthermore, 2 large-scale internal training courses were available to all domestic and overseas institutional banking marketing units, credit officers, and other related departments in May 2018 to provide detailed explanations to the EPs requirements and the amended policies. More training programs for the EPs would be developed in order to mitigate the impact of the projects on environment and society, and to promote the importance of environmental protection and corporate sicial responsibilityto our cliemts.