The Work Index by Flexa

EBRD

The European Bank for Reconstruction and Development (EBRD) is an international financial institution that promotes market-oriented economies and private sector development in countries transitioning to open market economies.

5.9

/10

Transparency ranking

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Description

The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991 with the mission to promote open market-oriented economies and private enterprise. It has invested over €200 billion in over 7,000 projects across three continents, focusing on countries in Central and Eastern Europe, Central Asia, the Southern and Eastern Mediterranean region, and beyond. The EBRD provides a range of financial products and services, including loans, equity investments, guarantees, and advisory services, with a particular focus on supporting small and medium-sized enterprises (SMEs).

The EBRD is committed to sustainable development and has a strong focus on promoting climate finance and green investments. It aims to be a majority green bank by 2025, aligning its operations with the Paris Agreement. The EBRD also actively engages in policy reform and works with governments, businesses, and other stakeholders to create favorable economic conditions and improve lives. The Bank is owned by 73 countries, the European Union, and the European Investment Bank, reflecting its wide-ranging international support.

Flexibility

The EBRD offers a variety of flexible work arrangements, including the possibility of working from home, compressed workweeks, and flexible start and end times. The company values a healthy work-life balance and encourages employees to discuss their individual needs with their manager. Specific details regarding specific flexible work arrangements are not provided in the available content.

Mission

The European Bank for Reconstruction and Development (EBRD) was established in 1991 to foster the transition towards open market-oriented economies and to promote private and entrepreneurial initiative, particularly in Central and Eastern Europe. Since then, the EBRD has expanded its reach across three continents, investing over €200 billion in more than 7,000 projects and supporting countries in their transition to well-functioning market economies.

Environmental impact driven
Not-for-profit
Social impact led
Sustainability

Culture

The EBRD promotes a culture of transparency, good governance, and sustainability, grounded in a commitment to fostering open market-oriented economies and supporting private and entrepreneurial initiative. They actively engage with diverse stakeholders, including civil society, donors, and financial institutions, emphasizing inclusivity and equality of opportunity in their operations. The company values integrity, compliance, and learning, constantly evaluating their work and adapting their practices to address emerging challenges and achieve impactful outcomes.

Progressive
Transparent

DE&I

The EBRD believes that an unequal distribution of economic opportunities negatively impacts the growth potential, social cohesion, and political stability of the countries they work in. They have a comprehensive Equality of Opportunity Strategy (EOS) that recognizes that inequality can arise from a variety of factors, including gender, place of birth, age, disability, and life events. The EOS focuses on broadening skills and employment, building inclusive financial systems, and creating inclusive public services, emphasizing a systemic approach that impacts individuals, businesses, and institutions.

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