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| ''Project finance - environmental and social concerns.''
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| | In the context of payment and settlement systems, this term may refer to the transmission of transfer instructions by users, through such means as voice, written or telefaxed instructions, that must subsequently be input into a transfer processing system. |
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| '''''From the Equator Principles website:'''''
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| :"The Equator Principles (EPs) is a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in projects and is primarily intended to provide a minimum standard for due diligence and monitoring to support responsible risk decision-making.
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| :Currently 94 Equator Principles Financial Institutions (EPFIs) in 37 countries have officially adopted the EPs, covering the majority of international project finance debt within developed and emerging markets.
| | The term may also refer to the storage of data by a transfer processing system on media such as a magnetic tape or disk so that the user may not have direct and immediate access to the data. |
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| :EPFIs commit to implementing the EPs in their internal environmental and social policies, procedures and standards for financing projects and will not provide project finance or related loans to projects where the client will not, or is unable to, comply with the EPs.
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| :The EPs have greatly increased the attention and focus on social/community standards and responsibility, including robust standards for indigenous peoples, labour standards, and consultation with locally affected communities within the project finance market. They have also promoted convergence around common environmental and social standards. Multilateral development banks, including the European Bank for Reconstruction & Development, and export credit agencies through the OECD Common Approaches are increasingly drawing on the same standards as the EPs."
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| | More generally, operating independently of - or disconnected from - another computer or electronic terminal. |
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| ==See also==
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| *[[Due diligence]]
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| *[[Environmental concerns]]
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| *[[European Bank for Reconstruction and Development]]
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| *[[ESG investment]]
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| * [[Organisation for Economic Co-operation and Development]] (OECD)
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| *[[Principles for Responsible Investment]]
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| *[[Project finance]]
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| *[[Risk management]]
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| *[[Social concerns]]
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| ==External link== | | == See also == |
| [https://equator-principles.com/about/ The Equator Principles webpage]
| | * [[Online]] |
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| [[Category:The_business_context]] | |
Revision as of 15:03, 21 August 2013
1.
In the context of payment and settlement systems, this term may refer to the transmission of transfer instructions by users, through such means as voice, written or telefaxed instructions, that must subsequently be input into a transfer processing system.
2.
The term may also refer to the storage of data by a transfer processing system on media such as a magnetic tape or disk so that the user may not have direct and immediate access to the data.
3.
More generally, operating independently of - or disconnected from - another computer or electronic terminal.
For example, not connected to the internet.
See also
