Following a review of the Equator Principles (EPs), the Equator Principles Association has published the revised EPs, known as EPIII, which will take effect from 4 June 2013. The revised EPs will apply to a broader range of financial products (beyond project finance). The other main changes are the inclusion of additional reporting requirements, additional obligations to analyse the greenhouse gas emissions arising from proposed projects and the inclusion of language addressing human rights. This briefing sets out the principal changes and can be accessed here or via the downloads section to the right. If you would like to discuss how the matters covered in this briefing affect your organisation, please contact Nigel Howorth, James Shepherd or your usual Clifford Chance contact.
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