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Export Finance AustraliaAustralia
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Created on: 2017-02-07 12:56:37
Last update: 2022-09-30 00:00:00

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Export House, Sydney. Photo: Courtesy of Jagonal (www.jagonal.com.au)

About Export Finance Australia

Export Finance Australia, formerly the Export Finance and Insurance Corporation (Efic), is Australia’s export credit agency since 1957. It became a statutory corporation in November 1991 under the Export Finance and Insurance Corporation Act. Export Finance Australia's role is to support Australian companies in their international activities by providing finance. It is part of the Australian Government’s Foreign Affairs and Trade Department and became an Equator Principles signatory in 2009.

Website http://www.efic.gov.au
Headquarters
Level 10 Export House 22 Pitt Street
2000 Sydney
Australia
CEO/chair John Hopkins
Managing Director and CEO
Supervisor
Annual report Annual report 2021
Ownership

Export Finance Australia is a public government organisation owned by the Commonwealth of Australia.

Complaints and grievances

Export Finance Australia operates a complaints mechanism which can be accessed here.

Stakeholders may also raise complaints via the OECD National Contact Points (OECD Watch guidance).

Related Dodgy Deals

Export Finance Australia has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Dodgy Deals map

All
|
Projects
|
Companies
Targets
|
Active profiles
|
On record profiles

Policy Assessments

Tracking the Equator Principles

EPFIs reporting status

BankLast update
Country
Reporting period
PF deals under EP
Project names reported
% Project names reported
Details
Export Finance and Insurance Corporation (EFIC)
2021-06-14
AUS
2020
0
0
1.000000001E+27
0
Australia
Profile
Reporting period
2020
PF deals under EP
0
Project names reported
0
% Project names reported
20210614
Last update: 2021-06-14
Explanation

EP reporting page: https://equator-principles.com/reporting-efic-2017-2018/

Explanation

Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period. 

For more details see this page.

News

| |
Type:
Year:
blog
external news
our news

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
blog
external news
our news

Australian-backed gas project fails to deliver PNG economic boom – report

2018-04-29 | The Guardian
blog
external news
our news

Federal government to lend money to Adani business associates

2018-03-05 | The Sydney Morning Herald
blog
external news
our news

Comment: The South African coal mine being considered for Australian funding - and the human rights it ignores

2016-12-16 | sbs.com.au

Documents

Type:
Year:
annual reports
2022-10-06 00:00:00

Annual report 2021

2022-10-06 00:00:00 | Export Finance Australia
csr policies
2022-10-06 00:00:00

Environment and social policy

Date listed represents date as accessed on website
2022-10-06 00:00:00 | Export Finance Australia
csr policies
2022-10-06 00:00:00

Environmental and social review process

Date listed represents date as accessed on website
2022-10-06 00:00:00 | Export Finance Australia
csr policies
2022-10-06 00:00:00

Human rights

Date listed represents date as accessed on website
2022-10-06 00:00:00 | Export Finance Australia
annual reports
2021-05-03 00:00:00

Annual report 2019-2020

2021-05-03 00:00:00 | Export Finance Australia
csr policies
2020-10-20 00:00:00

Business ethics

Date listed represents date as accessed on website
2020-10-20 00:00:00 | Export Finance Australia
csr policies
2020-02-11 00:00:00

Procedure for environmental and social review of transactions

2020-02-11 00:00:00 | Export Finance Australia
ngo documents
2020-01-31 00:00:00

Adding fuel to the fire

Export credit agencies and fossil fuel finance
2020-01-31 00:00:00 | Friends of the Earth US, Oil Change International
annual reports
2019-10-28 00:00:00

Annual report 2018-2019

2019-10-28 00:00:00 | Export Finance Australia
annual reports
2018-03-31 00:00:00

Annual report 2016-2017

2018-03-31 00:00:00 | Efic
annual reports
2016-08-31 00:00:00

Annual report 2015-2016

2016-08-31 00:00:00 | Efic

Policies

Voluntary standards

Export Finance Australia has committed itself to the following voluntary standards:
  • Equator Principles
  • IFC Performance Standard 1: Assessment and Management of Environmental and Social Risks and Impacts
  • OECD Guidelines for Multinational Enterprises
  • OECD Recommendation of the Council on Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence (OECD Common Approaches)

Investment policies

Export Finance Australia's webpage on corporate social responsibility can be accessed here.

Year:
csr policies
2022-10-06 00:00:00

Environment and social policy

Date listed represents date as accessed on website
2022-10-06 00:00:00 | Export Finance Australia
csr policies
2022-10-06 00:00:00

Environmental and social review process

Date listed represents date as accessed on website
2022-10-06 00:00:00 | Export Finance Australia
csr policies
2022-10-06 00:00:00

Human rights

Date listed represents date as accessed on website
2022-10-06 00:00:00 | Export Finance Australia
csr policies
2020-10-20 00:00:00

Business ethics

Date listed represents date as accessed on website
2020-10-20 00:00:00 | Export Finance Australia
csr policies
2020-02-11 00:00:00

Procedure for environmental and social review of transactions

2020-02-11 00:00:00 | Export Finance Australia

Equator Principles

Implementation and reporting

Contact and complaints

Equator Principles Dodgy Deals

Projects

on record

Liquified Natural Gas (LNG) project Papua New Guinea

LNG Terminal

Good moves

Year:
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