EBRD Values
A clearly defined set of standards governs all our work.
We seek to develop a sound investment climate based on an effective legal and regulatory framework which promotes corporate governance, including sound management practices, a firm stance against corrupt practices, disclosure of information, and clear and consistent accounting and auditing practices.
All our operations are guided by the need to promote environmentally sound and sustainable development as well as appropriate procurement practices.
Our values
Supporting reforms that strengthen democracy is an important aspect of the EBRD’s mandate, as set out in Article 1 of the Agreement Establishing the Bank. One of the EBRD’s founding principles is that democratic and market reforms go hand in hand.
The EBRD’s transition concept argues that a well-functioning market economy should be more than just a set of markets; it should be competitive, inclusive, well-governed, environmentally friendly, resilient and integrated.
The EBRD is committed to promoting environmentally and socially sound and sustainable development in the full range of our activities.
Additionality is the particular support or input that the EBRD brings to an investment project which is not available from commercial sources of finance.
We value gender equality as an integral part of our commitment to promoting sustainable and environmentally sound development across our investment and donor-funded activities.
The EBRD is committed to disclosure and transparency. Part of our own check on our record for good governance is our constant dialogue with shareholders as well as other stakeholders such as non-governmental organisations.
The reputation and the future of the EBRD depend on our integrity. The EBRD is committed to promote integrity, good corporate governance and high ethical standards in all business operations.
Recognising the role it plays in both the example it sets in its own institutional practices and in the high standards it adopts in projects and operations, the EBRD is committed to advancing standards to prevent harassment, abuse and exploitation.