The Asian Infrastructure Investment Bank (AIIB) has published its first Sustainability Report, adopting International Sustainability Standards Board (ISSB) disclosure requirements to voluntarily report on the financial impacts of climate-related risks and opportunities.
The 2024 report details how climate considerations are embedded in AIIB’s governance, strategy, and risk frameworks, concluding that climate-related financial risks do not have a material impact on the bank. It also marks AIIB’s first voluntary disclosure of financed emissions.
AIIB President Jin Liqun said the report reflects the bank’s commitment to transparency and its belief in the importance of clear, comparable disclosures to improve decision-making in development finance. The move follows a pledge made by multilateral development banks at COP28 to support the ISSB and promote a globally consistent baseline for sustainability reporting.
Chief Financial Officer Andrew Cross said the application of ISSB standards would help strengthen stakeholder trust, reduce perceived risks, and support long-term value creation.
The report, released alongside AIIB’s mid-year financial results, applies ISSB’s transition relief measures and outlines how the bank is managing climate risk exposure while supporting members in their low-carbon transition.
