Login

Initiatives

Equator Principles

Investment and Finance

The Equator Principles constitute a risk management framework, voluntarily implemented by financial institutions, for determining, assessing, and managing environmental and social risk when financing projects. The Principles intend to provide a minimum standard for due diligence and support responsible risk decision-making, and emphasise the importance of biodiversity, human rights and climate change.

Updated December 2, 2025

Equator Principles

Thommessen's comments

The Equator Principles provide a framework that will create a financial industry benchmark ensuring that projects financed and advised on by financial institutions that are members of the Equator Principles Association ('EP Financial Institutions') are developed in a manner that is socially responsible and reflects sound environmental management practices.

EP Financial Institutions have an obligation to report on the relevant projects on an annual basis. Being an EP Financial Institution hence implies that the financial institution has taken on a firm commitment with respect to CSR for its project financing activities. The most recent published activity report from the calendar year 2024 showed that the number of in-scope transactions reaching financial close increased by 25% compared to the previous year, reflecting the growth adoption and influence of the Equator Principles across global financial markets.

About

The idea of the initiative is for the Financial Institutions implementing the principles (EP Financial Institution) to not support projects where the client is unwilling or unable to meet with the Equator Principles. Instead, the EP Financial Institutions are responsible for adopting EPs in their internal policies concerning environmental and social risks and to encourage and advise their clients to address and manage the potential environmental and social risks and impacts, going forward.

The Principles apply globally, to all industry sectors and to the following five financial products:

  • Project Finance Advisory Services
  • Project Finance
  • Project-Related Corporate Loans
  • Bridge Loans
  • Project-Related Refinance, and Project-Related Acquisition Finance

Who does it impact?

The Equator Principles will affect the availability of project financing from EP Financial Institutions.

As many of these institutions will not provide project financing or project related loans where the borrower does not comply with the Equator Principles, the Principles may also have an impact on a borrower's access to funding.

Status: Launched

The Equator Principles were launched in Washington DC on 4 June 2003.

Relation to other initiatives and regulations

The Equator Principles are developed based on existing environmental and social policy frameworks established by the International Finance Corporation.

Participants

As of November 2025, 130 financial institutions have adopted the Equator Principles.

A list of all EP Association Members can be found here

Relevant documents

The Equator Principles are updated periodically. See the latest iteration as of February 2025 – 'EP4', from July 2020 Official website of the Equator Principles Equator Principles Activity Report for the 2024 calendar year