Standard Bank Group subscribes to The Equator Principles, which is a global benchmark for the financial industry to determine, assess and manage social and environmental risk in project financing.
The Equator Principles are based on the International Finance Corporation (IFC) performance standards on social and environmental sustainability; and on the World Bank Group’s Environmental, Health and Safety general guidelines that are applied globally and across all industry sectors by banks providing project finance.
The principles apply to all new project finance deals above US$10m.