The European Investment Bank (EIB) Group has published its 2024 Sustainability Report, marking a major milestone in transparency and sustainability reporting. For the first time, the EIB Group presents a single report, consolidating disclosures previously spread across four separate documents: the Annual Sustainability Report, and reports aligned with the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), and Task Force on Climate-Related Financial Disclosures (TCFD).

This streamlined and simplified approach reflects the Group’s voluntary commitment to the European Sustainability Reporting Standards (ESRS) and the Corporate Sustainability Reporting Directive (CSRD), while acknowledging its unique policy mandate and governance structure. The EIB Group engaged its external auditor, KPMG, to provide limited assurance on selected statements and figures within the report. The report offers an unprecedented, comprehensive view of the Group’s sustainability performance and the tangible impact of its investments across the EU and in 130 countries worldwide.

“The EIB Group maintains since many years the highest standards of transparency and green reporting,” said EIB Vice-President Ambroise Fayolle. “This new consolidated Sustainability Report marks an important milestone for the EIB Group in aligning with the emerging EU regulatory framework and ongoing simplification efforts.” The report is guided by the principle of double materiality, a core concept of the CSRD. This principle addresses both the impact of the Group’s activities on the environment and society, and the potential effects of sustainability challenges, such as climate change, resource scarcity, or social risks on the Group’s investments.