Description of key impacts, risks, and opportunities

Description of key impacts, risks, and opportunities

• Reference Number: 1.2
• Related Status: Reported
• GRI Status: Additional GRI Indicator

The mission of the EIB is to contribute to the policy objectives of the European Union by financing sound investment. As a financial institution functioning in a modern economy, the EIB is more than aware of the possible major impacts of its investment decisions and their effects on the global challenges facing our society.

The EIB's Corporate Responsibility policies emphasise the importance of achieving a balance between economic growth, social well-being and the protection of the environment, in support of the goal of sustainable development. They underpin institutional sustainability by promoting competitiveness, the productive use of resources and good governance. The involvement of the financial and business sectors, governments, employees and civil society working together for “our common future” is important to the EIB. The EIB also acknowledges the direct impact on its customers, suppliers and employees as well as the environmental impact of its facilities.

Throughout the year, there is an active dialogue with the Bank’s stakeholders to identify different areas of EU policy where the EIB can contribute. The various options are examined by the Bank’s services and discussed within the decision-making bodies in order to set priorities and define concrete action plans for the short and medium terms.