Equator Principles begins drafting third iteration

The Equator Principles Association has started assembling its second major revision to the eponymous guidelines for managing environmental and social risks in project finance.
The association held its largest annual meeting last month, with almost 100 people attending, where options for revising the principles were presented. The review follows a revision to the International Finance Corporation Performance Standards and an independent report published earlier this year.
Some of the key issues include extending the scope beyond project finance, and improving disclosure and governance.