AccessBank Presented Its First Sustainability Report at COP29

AccessBank Presented Its First Sustainability Report at COP29 AccessBank Presented Its First Sustainability Report at COP29 https://innews.media/en/news/id-38727

AccessBank, one of the leading commercial banks in Azerbaijan, presented its first Sustainability Report during the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29), underscoring its commitment to transparency, social and environmental impact, and sustainable development.

The report was presented by AccessBank, where the bank’s achievements in financial sustainability and its strategic initiatives were highlighted. 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: Sustainability Report

Following the presentation, panel discussions were held on the topic “Integrating ESG: Ensuring Sustainable Growth Through Green Finance and Responsible Banking.” The speakers of the panel were 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). Representatives of international financial institutions commended the bank’s efforts in establishing transparent sustainability reporting, and emphasized the importance of such initiatives for developing the region’s financial system.

The presentation of the report marked an important step for AccessBank in strengthening trust among investors and partners, as well as in further integrating sustainable development principles into its strategy. In addition, future financing opportunities also were discussed, where the additional effect of subordinated loan emphasised as an instrument for boosting financial inclusivity.

AccessBank, a pioneer in the microfinancing market, has been providing services to small and medium-sized enterprises since 2002. The Bank's shareholders include the Asian Development Bank, the European Investment Bank, the International Finance Corporation, and other international organizations and investment funds. With 35 branch offices, including 14 in Baku and 21 in regions, AccessBank continues to offer accessible financing options for MSMEs. For more detailed information on the branh offices, please follow: http://bit.ly/accessbank-filiallar

For more information on the services provided by AccessBank, call 151 or visit the website at www.accessbank.az. You can also follow the bank's social media accounts on Facebook, Instagram, LinkedIn.

*AccessBank CJSC operates under license No. 245 dated 25 October 2002, issued by the Central Bank of the Republic of Azerbaijan. The bank's Head Office is located at 3 Tbilisi avenue, Yasamal district, Baku city.