CEB Environmental Statement

This Environmental Statement outlines the Bank’s commitment to reducing the climate and environmental footprint of its internal operations progressively and sets out the main avenues for action in light of the CEB´s Framework and Roadmap for Alignment with the Paris Agreement.

To this end, the CEB has developed a comprehensive and structured approach to foster environmentally responsible behaviour with regard to procurement and use of resources, through:

BUILDING

• Enhancing the energy efficiency of heating and cooling systems and lighting as well as IT equipment and other appliances, at the CEB’s premises;
• Inciting staff to adopt energy-saving gestures in their workplace;
• Using, whenever possible, electricity from renewable sources;
• Reducing waste and increasing recycling;
• Reducing consumption of office supplies, paper and water, as well as phasing out plastic, wherever possible.

MOBILITY

• Minimising, whenever possible, the environmental impact of business travel, including by guiding staff towards sustainable travel options for their business trips;
• Encouraging staff to choose green modes of commuting.

PROCUREMENT

• Integrating as appropriate green and socially responsible procurement criteria in all phases of the procurement cycle for the CEB’s own needs (i.e. selection, award and contractual conditions), including whenever relevant and possible considerations related to lifecycle costing.

To deliver on the above, the CEB will continue to promote awareness among staff, encourage volunteering and engagement on sustainability-related matters in the workplace and provide training on issues such as sustainable procurement and travel.

Furthermore, the CEB will continue to make voluntary carbon contributions, with the aim of offsetting all or part of the Bank’s greenhouse gas (GHG) emissions related to its internal operations.

The procedures for implementing this Statement, including through an action plan, are outlined in the annex. The Bank’s internal environmental performance is also monitored regularly, and progress against this Statement is made publicly available through the CEB’s annual sustainability reporting.

This Environmental Statement is complementary to the Bank’s Environmental and Social Safeguards Policy, which guides CEB project financing activities on sustainability matters, and its Paris Alignment framework and roadmap.

The CEB Environmental Statement is published on the Bank’s website. It is also communicated to CEB staff and to external contractors/suppliers as appropriate.

Paris, 14 May 2025

(Signed)

Carlo Monticelli
Governor

ANNEX

Implementation responsibility: The implementation of this Environmental Statement is monitored by a dedicated cross-directorate task force.

Within the CEB’s Paris Alignment framework and roadmap, the Bank regularly reports on its progress – including for internal operations – to the Administrative Council. The CEB also publicly discloses on its progress through its annual sustainability reporting.

Environmental management: The day-to-day work to monitor and advance the actions of this Statement is coordinated by the Corporate Responsibility & ESG Reporting Unit, in particular through an action plan on aligning internal operations with the objectives of the Paris Agreement, including other co-environmental and social benefits.

Managing risks: Environmental risks, including physical climate risks, which could affect the continuity of CEB’s internal operations, are addressed by the Bank’s Operational Risk Unit.