Overview

Bayfront’s primary business activity involves the acquisition of project and infrastructure loans from banks, with the objective of distributing these loan exposures to institutional investors through securitisations or other forms of issuances. As such, Bayfront predominantly acquires loans financing projects that are fully operational or are close to completion.

Bayfront purchases loans mostly from financial institutions that have adopted the Equator Principles and by the nature of such secondary purchases, these loans and the associated projects have already been subject to environmental and social due diligence conducted by the original lenders and their appointed E&S consultant(s) prior to financial close, along with ongoing monitoring of their E&S performance up to the point of acquisition by Bayfront.

Nonetheless, prior to any acquisition or commitment, all loans are thoroughly screened for compliance with our E&S Framework.

E&S Framework Objectives

Assess expected E&S impacts of projects financed by loans acquired and rate the residual E&S risks (including reputational risk)

Engage with borrower/beneficiaries and other project counterparties to manage and mitigate E&S impacts post loan acquisition

Work with external stakeholders and counterparties to continuously seek improved E&S practices

Set out responsibilities for E&S risk identification, assessment, decision making, monitoring and escalation

The key components of our E&S Framework include:

E&S Policy E&S Categorisation E&S Risk Rating Exclusion List

Grievance Mechanism

As part of our commitment to ensure that the companies or projects we finance are undertaken with due consideration to Environmental and Social (E&S) risks and concerns, Bayfront Infrastructure Management (Bayfront) has in place a Grievance Mechanism in conjunction with our parent company, Clifford Capital Holdings, aimed at providing a forum for those adversely affected by projects that we finance to voice their E&S concerns.

Any E&S-related complaints or concerns relating to companies or projects that are financed by Bayfront may be submitted through the following channels:

  • local_phone
    Telephone
    Call us at +65 6229 2900 during our operating hours
    (9am – 6pm Singapore time)
  • mail
    Email
    Email us at
    [email protected]
  • drafts
    By Post
    Post a letter to the following address:
    #23-01, North Tower, One Raffles Quay, Singapore 048583
Click here to find out the information required and process for lodging grievances