The Asian Infrastructure Investment Bank (AIIB) today released its inaugural Sustainability Report, applying the International Sustainability Standards Board (ISSB) disclosure requirements to voluntarily report on the financial impacts of climate-related risks and opportunities.
The 2024 report outlines how climate considerations are integrated across AIIB’s governance, strategy and risk frameworks and found that climate-related financial risks do not materially affect AIIB. It also includes voluntary disclosures on the bank’s financed emissions for the first time.
“Our mission to finance Infrastructure for Tomorrow requires us to lead by example,” said AIIB President Jin Liqun. “This report reflects our strong commitment to transparency and our belief that clear, comparable disclosures are essential for informed decisions and better outcomes across the development finance landscape.”
The Sustainability Report marks a major step in AIIB’s transparency journey, by adopting emerging global standards for sustainability- and climate-related financial reporting. It follows the joint commitment made by multilateral development banks at COP28 to support the work of the ISSB and contribute to a globally consistent baseline for sustainability disclosures.
“As a capital markets participant, AIIB understands the importance of consistent, credible sustainability data,” said AIIB Chief Financial Officer Andrew Cross. “By applying the ISSB Standards, we are helping to strengthen stakeholder trust, reduce perceived risk and support long-term value creation.”
This report demonstrates how AIIB is managing its exposure to climate risks while continuing to deliver on its mandate and support its members’ transitions to a low-carbon economy.
AIIB published the report alongside its mid-year financial results and applied the transition relief measures for reporting allowed by the ISSB.
About AIIB
The Asian Infrastructure Investment Bank is a multilateral development bank dedicated to financing “infrastructure for tomorrow,” with sustainability at its core. AIIB began operations in 2016, now has 110 approved members worldwide, is capitalized at USD100 billion, and is AAA-rated by major international credit rating agencies. AIIB collaborates with partners to mobilize capital and invest in infrastructure and other productive sectors that foster sustainable economic development and enhance regional connectivity.
