The EBRD’s Public Information Policy (PIP) embodies the Bank’s commitment to enhance the transparency of its activities and promote good governance. This sixth review has been carried out as mandated by the Policy.
The 2014 review was wide-ranging, including internal and external consultations, including extensive meetings with representatives of CSOs.
The policy is founded on the following principles:
The EBRD is guided by the underlying presumption that, whenever possible, information concerning the Bank’s operational and institutional activities will be made available to the public in the absence of a compelling reason for confidentiality.
Openness helps to promote the Bank’s impact on transition in its countries of operations. In order to support the principle of transparency, the Bank seeks to provide accurate and timely information regarding its operational activities.
Accountability and governance
The EBRD is committed to reinforcing its accountability to shareholders, and to ensuring high standards of corporate governance.
Through its commitment to open communication, the Bank demonstrates its willingness to listen to third parties so as to benefit from their contributions to its work in fulfilling its mandate.
Safeguarding the business approach to implementing the mandate
A business-sensitive partnership with clients and contractual counterparties is necessary to allay concerns about client confidentiality which could affect their willingness to work with the Bank.
As a financial institution, with the majority of its operations in the private sector, the Bank must maintain the confidence and trust of its clients and co-financiers. A business-sensitive approach is necessary to allay concerns about the treatment of confidential information which, otherwise, could affect these partners’ willingness to work with the Bank.
Report on implementation of the Public Information Policy
The EBRD’s Public Information Policy commits the Bank's management to report to the Board of Directors on an annual basis on implementation of the Public Information Policy, with the findings to be made available on this website. In the interests of clarity and consistency the report addresses each PIP obligation and its implementation in the order in which these appear in the policy