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AccessBank Presented Its First Sustainability Report at COP29

15 November 2024
AccessBank, one of the leading commercial banks in Azerbaijan, presented its inaugural Sustainability Report at the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29). This milestone underscores AccessBank’s commitment to transparency, social and environmental impact, and sustainable development.

The report presented by AccessBank highlighted the Bank’s achievements in financial sustainability and its strategic initiatives. Key topics included sustainable and green financing, risk management, social responsibility, and support for the adoption of environmentally friendly technologies.

To learn more about the report, please follow the link: https://www.accessbank.az/documents/Presentations/Sustainability%202023%2006.11.24.pdf

Following the presentation, a panel discussion titled “Integrating ESG: Ensuring Sustainable Growth through Green Finance and Responsible Banking” was held. The Panel featured Orkhan Ismayilov, AccessBank’s Deputy Chairman of the Management Board and Chief Financial Officer, Enrico Pinali, Regional Head of Private Sector Development for Central and West Asia at the Asian Development Bank (ADB), and Alkis Vryenios Drakinos, Director and Regional Head of Caucasus at the European Bank for Reconstruction and Development (EBRD), and was moderated by Dinara Javadova, Head of Treasury and International Relations at AccessBank. Representatives of the international financial institutions commended the Bank’s efforts in establishing transparent sustainability reporting and discussed importance of partnerships in fostering long-term growth across the region’s financial landscape.

The presentation of the report marks a significant step for AccessBank in strengthening trust among investors and partners, as well as in further integrating sustainable development principles into its strategy. Future financing opportunities were also discussed, highlighting of the role of subordinated loan as an instrument in boosting financial inclusivity.
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