EBRD Environmental and Social Governance Standards and Their Impact on the Market

Dariusz Prasek ()
Additional contact information
Dariusz Prasek: European Bank for Reconstruction and Development (EBRD)

A chapter in Responsible Investment Banking, 2015, pp 71-79 from Springer

Abstract: Abstract The European Bank for Reconstruction and Development (EBRD) aims to achieve impact by integrating sustainability into its investment strategies, departmental scorecards, due diligence standards, portfolio supervision systems and technical assistance. This forms an important part of the value that the EBRD brings to its clients and countries of operations, as well as delivering high-level environmental and social quality assurance. All EBRD-financed projects must meet rigorous environmental and social standards in accordance with the bank’s Environmental and Social Policy and are subject to detailed due diligence and monitoring. In this way, the EBRD provides assurance to its management, shareholders and stakeholders that the bank’s projects will contribute to sustainable development and avoid or minimise environmental and social risks. The EBRD seeks outcomes that not only protect and benefit society and the environment but which also address the business case for sustainability by helping clients reduce risk, improve efficiency and achieve business growth. This chapter explains the practical approach with which the bank implements its sustainability mandate.

Keywords: Road Safety; Woman Entrepreneur; Promote Gender Equality; Project Appraisal; Technical Cooperation Project (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:csrchp:978-3-319-10311-2_4

Ordering information: This item can be ordered from
http://www.springer.com/9783319103112

DOI: 10.1007/978-3-319-10311-2_4

Access Statistics for this chapter

More chapters in CSR, Sustainability, Ethics & Governance from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().