We are committed to providing quantitative and qualitative information on the impacts and outcomes of our work, so that our shareholders, donors, civil society and investors can be confident that the underlying green project portfolio is delivering real environmental and sustainability benefits.
We have been reporting on our sustainability activities annually since 2005.
Each year, our Sustainability Report details the major achievements and milestones over the previous 12 months, reporting on three key aspects of our work: Impact, Assurance and Engagement. The report also discloses the Bank’s own carbon footprint figures, as well as exploration of areas where we need to step up our efforts.
The Sustainability Report is prepared using the framework of the Global Reporting Initiative (GRI) G3 Indicator protocols and the GRI Financial Sector Supplement. The Bank has a self-declared “B” rating according to the GRI application levels.
Our internal performance
As an organisation we are committed to measuring and managing our own carbon footprint resulting from our internal operations in a way that is consistent with the environmental and social policies, principles and standards for the projects we invest in.
We source all electricity for our London Headquarters from renewable energy suppliers. Office paper is certified by the Forest Stewardship Council (FSC) as coming from sustainable sources.
The EBRD has been keeping internal consumption records since 2001 and we have reported publicly on our internal performance and carbon footprint since 2005.
Monitoring and reporting
The EBRD has a robust monitoring, reporting and verification (MRV) system, in line with internationally established practice. The system’s guidelines define the characteristics of green projects and project components and they determine the data required for monitoring.
The EBRD also has other reporting, disclosure and feedback mechanisms in place for our sustainability work, which are available as follows: