BAKU, Azerbaijan, April 15. The
Eurasian Development Bank (EDB) has received an "A-" ESG rating
from China Chengxin Green Finance Technology (CCXGF), Trend reports via EDB.
CCXGF, a specialized agency in sustainable finance
and part of the China Chengxin International Credit Rating (CCXI)
group - China's oldest and largest credit rating agency by domestic
market share - conducted the assessment.
The rating covers the Bank's performance across
environmental (E), social (S), and governance (G) dimensions,
analyzing 13 key areas. The agency highlighted the systematic
integration of ESG principles into the EDB's strategy, including
the evaluation of projects' contribution to the UN Sustainable
Development Goals (SDGs).
According to the bank's strategy, at least 25% of its
project portfolio should make a significant contribution to the
SDGs by 2026.
The agency particularly emphasized the bank's strong
results in green financing. By the end of 2025, the volume of the
EDB's green portfolio exceeded $2 billion. High marks were also
given for environmental management and the quality of greenhouse
gas emissions disclosure.
