Asian Infrastructure Investment Bank

SECTOR Supranational
RATINGS AAA/Aaa/AAA
RATING OUTLOOK All stable
PAID-IN CAPITAL (31 Dec 2019) US$19.34BN
CALLABLE CAPITAL (31 Dec 2019) US$77.37BN
FUNDING VOLUME 2019/2020 US$2.5BN/US$9BN
RISK WEIGHT, LCR LEVEL 0% confirmed with BCBS, Canada, China, European Union, Hong Kong, Singapore, the UK
REPO ELIGIBILITY ECB, US Fed, RBA (expected), RBNZ (expected)
About Asian Infrastructure Investment Bank

Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank with a mission to improve social and economic outcomes in Asia and beyond. Headquartered in Beijing, AIIB began operations in January 2016 and, through its 103 approved members worldwide, enjoys a robust authorised capital stock of US$100 billion.

AIIB works closely with other multilateral and bilateral development institutions to bridge the infrastructure funding gap to contribute to addressing the region’s development challenges. AIIB looks at development through a geographic and a sectoral lens. Geographically, it focuses on developing economies in Asia but extends its investments beyond the region for opportunities that support connectivity, promote global public good and are close to Asia. Sectorally, AIIB invests in sustainable infrastructure such as power, water management, transport and cities to build the Asia of the future.

As projects are financed, AIIB staff operate under the guidance of three core values: lean, clean and green. Staff learn from the experiences of the development community and the private sector. They constantly study best-in-class practices, management styles and decision-making to develop new techniques that – in a rapidly changing world – are geared toward addressing the needs of AIIB’s borrowers and benefiting its members.

Environmental and social sustainability is a fundamental aspect of AIIB’s support for infrastructure development and enhanced interconnectivity in Asia. Consistent with the UN Sustainable Development Goals (SDGs), AIIB recognises the need to address the three dimensions of sustainable development – economic, social and environmental – in a balanced and integrated way. It also subscribes to the principles of sustainable development in the identification, preparation and implementation of projects.

AIIB has issued bonds in six currencies: HKD, RMB, RUB, THB, TRY and USD.

FOR FURTHER INFORMATION PLEASE CONTACT:

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www.aiib.org 

SUSTAINABILITY OBJECTIVES OF GSS BOND PROGRAMME
The Articles of Agreement require that each of the bank’s operations comply with AIIB’s operational and financial policies, which include those addressing environmental and social impacts. The bank’s financings, which may include loans, guarantees, equity or other forms of investments, undergo an approval, implementation and monitoring process designed to ensure they align with the bank’s mission as well as adhere to applicable environmental and social safeguards. Pending their use, the net proceeds from the sale of the notes will be invested as part of AIIB’s liquid-assets portfolio.

GSS BOND PROGRAMMES Sustainable Development Bonds

REFERENCE TAXONOMY FOR THE USE OF PROCEEDS

Issuer’s own definitions
FRAMEWORKS WITH WHICH THE GSS BOND PROGRAMMES ARE ALIGNED Issuer’s own Environmental and Social Framework.
EXTERNAL REVIEW PROVIDERS None

PUBLIC ISSUER ESG RATINGS/SCORES

INSTITUTION RATING/SCORE
(all unsolicited)
ISS ESG
Sustainalytics
Vigeo Eiris
C+ (Prime)
66/100 (Average Performer)
51/100 (Robust)

 

Sustainable funding strategy

AIIB’s Environmental and Social Framework (ESF) is the cornerstone of the bank’s commitment to supporting environmentally and socially sustainable infrastructure projects for sovereign and non-sovereign clients.

The vision section of the ESF describes the bank’s aspirations in integrating environmental and social sustainability into its mission. It is part of AIIB’s mission to help members address their commitments to the SDGs and to achieve their nationally determined contributions under the Paris Agreement, as demonstrated by the bank’s investment in projects related to climate mitigation and adaptation, as well as other environmental objectives.

All AIIB bonds are Sustainable Development Bonds with use-of-proceeds language highlighting the bank’s sustainable mission and referring to the bank’s strict environmental and social criteria applied in the approval process of bank financings.