A Transition of Framework of Confirmation of Environmental and Social Considerations on Overseas Project Financing in Banks in Japan

Analysis Focused on the Changes on Adaptation of the Equator Principles

Abstract

Confirmations of environmental and social considerations are implemented by the Equator Principles, which is one of a worldwide guideline of private financial institutions. In this study, transitions of framework of confirmations of environmental and social considerations in banks in Japan by adoption of Equator principles were analyzed to be focused on confirmation of criterion, process, organization and timing. As a result, Guidelines within the bank were formulated, and confirmation of criterion and process were provided. Offices in charge of confirmations of environmental and social considerations were set up as confirmation of organization. About confirmation of timing, It would be able to confirm early on environmental and social assessment process in some cases.