Published
09/06/2025, 09:02The Eurasian Development Bank has presented its sustainability report, which highlights key achievements, new initiatives, and progress in the area of ESG for 2024.
The EDB became the first bank in Central Asia to join the UN Principles for Responsible Banking.
"The EDB systematically integrates ESG principles into its activities and forms an investment portfolio that works for a green future for the region. Thus, our accumulated portfolio of climate finance projects, which amounts to about $900 million, prevents nearly 900,000 tons of CO₂-equivalent greenhouse gas emissions annually. In this way, we are contributing to low-carbon development and promoting the spread of ESG practices in the region where we operate," said Nikolay Podguzov, Chairman of the EDB Board.
The bank's second sustainability report demonstrates its success in this area.
Today, annual sustainability reporting in accordance with international standards is an integral part of the practices of leading companies and financial institutions. For EDB, it not only records progress in the areas of ecology, social sphere, and corporate governance, but also demonstrates a responsible attitude towards risks.
In 2024, the EDB created more than 40,000 new jobs in its member countries. The share of projects contributing to the achievement of the UN Sustainable Development Goals exceeded 30% of the bank's investment portfolio, which is twice the target set in the EDB's Strategy for 2022-2026. The bank's accumulated green portfolio reached nearly $1.7 billion.
