Читать книгу European Investment Bank Group Sustainability Report 2020 - Группа авторов - Страница 14

To ensure the EIB and EIF hold sufficient liquidity to meet their lending commitments, the Bank manages treasury portfolios with different instruments and maturities. The EIB’s treasury activities mainly consist of investments in short and long-term portfolios, hedging market risks, treasury management of partner contributions, liquidity planning, and the settlement and payment of all transactions.

As part of the EIB Group Climate Bank Roadmap and our alignment with the Paris Agreement, environmental factors have been included in our process for long-term treasury investments since mid-2020. This methodology relies on two layers:

• Exclusion criteria for conventional bonds for sectors with high environmental risks, including, but not limited to, mining, oil and gas, steel, cement and aviation.

• A best-in-class approach, with the top performers allowed the highest potential allocation of investments.

Adjustments and additions to this methodology will be carried out following any rules or decisions made as part of the Climate Bank Roadmap that apply to treasury activities.