Asian Development Bank 2023 Sustainability Report
Company: Asian Development Bank
Sector: Finance & insurance
Country: Philippines
Year: 2023
Type: Sustainability Report
Pages: 94
The report describes the Asian Development Bank's 2023 sustainability performance across climate finance, natural resources, operations, and institutional management. ADB achieved $9.8 billion in climate finance in 2023, while its three-year average share of operations supporting climate action reached 79%. The report also expands the institutional GHG inventory to headquarters and resident missions, reporting 70% renewable energy use and new Scope 3 categories. It further documents the Board of Directors' role in overseeing ADB's holistic sustainability impacts and presents extensive safeguards, biodiversity, procurement, workforce, and governance disclosures.
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