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European Bank for Reconstruction and Development (EBRD)

PRI reporting framework 2020

Asset class implementation gateway indicators [OO 10 - 12] Peering questions [OO LE 01 - HF 01]

Investment policy [SG 01 - 04] Objectives and strategies [SG 05 - 06] Governance and human resources [SG 07 - 08] Promoting responsible investment [SG 09 - 11] Outsourcing to fiduciary managers and investment consultants [SG 12] ESG issues in asset allocation [SG 13 - 15] Asset class implementation not reported in other modules [SG 16 - 17] Innovation [SG 18] Communication [SG 19]

Direct - Fixed Income

ESG incorporation in actively managed fixed income [FI 01 - 12] Implementation processes [FI 01 - 03] (A) Implementation: Screening [FI 04 - 06] (B) Implementation: Thematic [FI 07 - 09] (C) Implementation: Integration [FI 10 - 12] Fixed income - Engagement [FI 14 - 16] Outputs and outcomes [FI 17 - 18]

Confidence building measures

Confidence building measures [CM1 01 - 07]

Export Public Responses

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Basic information

OO 01. Signatory category and services

01.1. Select the type that best describes your organisation or the services you provide.

Non-corporate pension or superannuation or retirement or provident fund or plan

Corporate pension or superannuation or retirement or provident fund or plan

Insurance company

Foundation

Endowment

Development finance institution

Reserve - sovereign or government controlled fund

Family office

Other, specify

01.3. Additional information. [Optional]

The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially focused on the countries of the former Eastern Bloc it expanded to support development in nearly 40 countries from Central Europe to Central Asia and the Souther and Eastern Mediterranean, plus Turkey, Mongolia, Greece and Cyprus..

OO 02. Headquarters and operational countries

02.1. Select the location of your organisation’s headquarters.

United Kingdom

02.2. Indicate the number of countries in which you have offices (including your headquarters).

2-5

6-10

>10

02.3. Indicate the approximate number of staff in your organisation in full-time equivalents (FTE).

3660 FTE

02.4. Additional information. [Optional]

In FY 2019, the total number of employees was 3660, from which 2814 belong to Staff category and 846 to Non-Staff category.

In FY 2018, the total number of employees was 3443, from which 2674 belong to Staff category and 769 to Non-Staff category.

In FY 2017, the total number of employees was 3219, from which 2518 belong to Staff category and 701 to Non-Staff category.

In FY 2016, the total number of employees was 3117, from which 2421 belong to Staff category and 696 to Non-Staff category.

In FY 2015, the total number of employees was 3036, from which 2318 belong to Staff category and 718 to Non-Staff category

OO 03. Subsidiaries that are separate PRI signatories

03.1. Indicate whether you have subsidiaries within your organisation that are also PRI signatories in their own right.

Yes

03.3. Additional information. [Optional]

OO 04. Reporting year and AUM

04.1. Indicate the year end date for your reporting year.

31/12/2019

04.2. Indicate your total AUM at the end of your reporting year.

Include the AUM of subsidiaries, but exclude advisory/execution only assets, and exclude the assets of your PRI signatory subsidiaries that you have chosen not to report on in OO 03.2

Total AUM
Total AUM	trillions	billions	millions	thousands	hundreds
Currency
Assets in USD
Assets in USD	trillions	billions	millions	thousands	hundreds

Not applicable as we are in the fund-raising process

04.5. Additional information. [Optional]

OO 06. How would you like to disclose your asset class mix

06.1. Select how you would like to disclose your asset class mix.

as percentage breakdown

as broad ranges

	Internally managed (%)	Externally managed (%)
Listed equity	<10% 1.6	0 0
Fixed income	>50% 60.1	<10% 1.4
Private equity	<10% 1.7	<10% 2.9
Property	<10% 0.3	<10% 0.3
Infrastructure	<10% 0.4	<10% 0.2
Commodities	0 0	0 0
Hedge funds	0 0	0 0
Fund of hedge funds	0 0	0 0
Forestry	0 0	0 0
Farmland	<10% 1.9	0 0
Inclusive finance	<10% 0.6	<10% 3.9
Cash	<10% 0.2	0 0
Money market instruments	10-50% 23.3	0 0
Other (1), specify	<10% 1.2	0 0
Other (2), specify	0 0	0 0

`Other (1)` specified

          Trade finance and Guarantee products in the Banking portfolio only

06.2. Publish asset class mix as per attached image [Optional].

06.3. Indicate whether your organisation has any off-balance sheet assets [Optional].

Yes

Provide an approximate percentage breakdown of your off-balance sheet assets.

	Internally managed (%)	Externally managed (%)
[a] Monetary assets	18	4
[b] Derivatives
[c] Cash
[d] Trade finance	77
[e] Other (1), specify
[f] Other (2), specify

06.5. Indicate whether your organisation uses fiduciary managers.

Yes, we use a fiduciary manager and our response to OO 5.1 is reflective of their management of our assets.

No, we do not use fiduciary managers.

06.6. Provide contextual information on your AUM asset class split. [Optional]

OO 07. Fixed income AUM breakdown (Private)

OO 08. Segregated mandates or pooled funds (Private)

OO 09. Breakdown of AUM by market

09.1. Indicate the breakdown of your organisation’s AUM by market.

39 Developed Markets

25 Emerging Markets

15 Frontier Markets

21 Other Markets

Total 100% 100%

09.2. Additional information. [Optional]

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