New Development Bank 2020 Annual Report
Company: New Development Bank
Sector: Finance & insurance
Country: China
Year: 2020
Type: Annual Report
Pages: 164
The report describes the company's rapid response to COVID-19, including a commitment of up to USD 10 billion for emergency assistance and economic recovery. Its end-2020 portfolio reached USD 24.4 billion across 67 projects, while human resources totalled 185 people. The report also describes a risk-based approach to ESG impacts, environmental and social safeguards, and the creation of a new ESG Department to mainstream sustainability considerations.
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