2009 interim results
Half year results: October 2008 - March 2009
Projects reviewed
*Two projects financed in 2009 were assessed in 2008.
Location of projects
Projects reviewed by sector
The future
ANZ maintains its commitment to assess all large project finance proposals using the Equator Principles.
2008 results
Full year results: October 2007 - September 2008
In the year from October 2007 and September 2008, we reviewed 33 projects under the Equator Principles. Nine of these projects were not financed - four of these projects are still under consideration by project financiers and/or the project sponsor before a final decision is made. The remaining five did not proceed for a range of reasons, which may include the sponsor not being able to meet our funding conditions; the project not proceeding; or ANZ's bid not being accepted by the project sponsor.
Projects reviewed
Location of projects
Projects reviewed by sector
Half year results: October 2007 - March 2008
Projects reviewed
Reasons for non-financed of projects
Seven projects reviewed under the Equator Principles in this half were not financed.
Three of these projects did not proceed for reasons unrelated to social or environmental issues. The other four projects are still subject to further consideration by project financiers and/or the project sponsor before a final decision is made.
Projects financed this half but not reviewed
Four projects (in addition to those reported in the above table) were financed in this reporting period but were reviewed under the Equator Principles in the previous reporting period (before 1 October 2007).
Location of projects
2007 results
Full year results: December 2006 - September 2007
Projects reviewed
* One of the 16 projects did not meet the full reporting requirements of the Equator Principles however, and has therefore been assessed as non-compliant. The non-compliant project, although financed after ANZ adopted the Equator Principles, was negotiated prior to the Bank's adoption of the Principles and the client was permitted to continue managing its environmental and social performance to ANZ's pre-Equator Principles internal standards. The variance was considered minor and related to a process rather than material environmental social issue.
Location of projects
Projects reviewed by sector