Home › Banks ›
Bank
Export Finance AustraliaAustralia

Active

This profile is actively maintained
Last update: 2024-08-26 14:48:10
Export House, Sydney. Photo: Courtesy of Jagonal (www.jagonal.com.au)

Active

This profile is actively maintained
Last update: 2024-08-26 14:48:10
About
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
Ownership

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

Sustainability
Commitments
Policies
Voluntary standards

Export Finance Australia's most important sustainability commitments can be found at the website sections listed below.

Links

Corporate responsibility

Environment and social policy

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

Environmental and social review process

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

Human rights

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

Business ethics

Date listed represents date as accessed on website
Bank policy
2020-10-20 00:00:00 | Export Finance Australia

Procedure for environmental and social review of transactions

Bank policy
2020-02-11 00:00:00 | Export Finance Australia
Export Finance Australia has committed itself to the following voluntary standards:
Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development
IFC Performance Standard 1: Assessment and Management of Environmental and Social Risks and ImpactsTags: Equator Principles
OECD Guidelines for Multinational EnterprisesTags: consumer safety | corporate social responsibility | corruption | cultural preservation | dams | human rights | mining and processing | OECD | supply chain | taxation | worker rights
OECD Recommendation of the Council on Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence (OECD Common Approaches)Tags: finance | OECD | transparency
Dodgy Deals

Export Finance Australia is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Export Finance Australia's link to these deals.

Projects / Companies
Finance type
Year
News
Resources
Documents

Annual report 2023

Annual report
2024-05-14 00:00:00 | Export Finance Australia

Annual report 2022

Annual report
2023-06-05 00:00:00 | Export Finance Australia

Annual report 2021

Annual report
2022-10-06 00:00:00 | Export Finance Australia

Environment and social policy

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

Environmental and social review process

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

Human rights

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

Annual report 2019-2020

Annual report
2021-05-03 00:00:00 | Export Finance Australia

Business ethics

Date listed represents date as accessed on website
Bank policy
2020-10-20 00:00:00 | Export Finance Australia

Procedure for environmental and social review of transactions

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

Adding fuel to the fire

Export credit agencies and fossil fuel finance
NGO document
2020-01-31 00:00:00 | Friends of the Earth US, Oil Change International

Annual report 2018-2019

Annual report
2019-10-28 00:00:00 | Export Finance Australia

Annual report 2016-2017

Annual report
2018-03-31 00:00:00 | Efic

Annual report 2015-2016

Annual report
2016-08-31 00:00:00 | Efic
Accountability
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).

Export Finance Australia is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.

This page evaluates Export Finance Australia's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 200

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 200
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 270
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 509
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 333
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

Average

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 209

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 209
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 270
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 509
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 333
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

NAN%
NAN

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 217

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 217
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 270
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 509
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 333
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

NAN

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 220

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 220
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 270
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 509
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 333
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

NAN

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 223

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 223
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 270
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 509
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 333
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

NAN