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  • 17/06/2019
    Dr Christine Chow
    Ahead of Alphabet’s Annual Meeting of Stockholders, Dr Christine Chow highlights the issues she will be raising
  • 08/02/2018
    Dr Christine Chow
    The $3.8 billion Dakota Access Pipeline (DAPL) has proved to be a highly controversial project, with its impacts exceeding the wildest expectations of investors. It was accompanied by protests, court cases, accusations of political interference and even a presidential memorandum. The banks financing the project claim to have adhered to the Equator Principles[1] (EP or the Principles), a credit risk management framework for determining, assessing and managing environmental and social risks in projects. They have been adopted by 92 financial institutions in 37 countries, covering over 70% of project finance debt in emerging markets. An Equator Principles Financial Institution (EPFI) will require its clients – the borrowers – to conduct environmental and social impact assessments for each project.