Sustainability Reports

Advance Magazine Maiden Issue April 2014

Advance Magazine Maiden Issue April 2014 The cover of our maiden issue is a popular symbol in Russia where we are holding for the first time our ADFIAP Annual Meetings. With our conference theme, “Development Banking: Best Practices and Future Trends,” this launch issue will involve some trendwatching, as seen from the eyes of the seasoned development bankers who are gracing the pages of our magazine.

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ADFIAP 2013 Sustainability Report

adfiap.2013.sustainability. This Sustainability Report 2013 gives an update on the priorities set out by ADFIAP since we started benchmarking our sustainability performance against the Global Reporting Initiatives (GRI) disclosure guidelines in 2008. The report contains data and information on the various aspects of our operations and our performance for the 12-month period from January to December 2013.

In addition to annual updates in our sustainability performance, a more significant change in our report is our focus on the principle of materiality, in accordance with the GRI’s G4 sustainability reporting guidelines. By defining materiality, ADFIAP is able to prioritize issues relevant to the organization and our stakeholders on which we need to take action.

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ADFIAP 2012 Sustainability Report

This report provides information on ADFIAP’s performance for the 12-month period from January to December 2012. Comparative data for the past five years (2008-2012) were also included. All reports are available on ADFIAP’s website in PDF file format.

Environmental and social performance data for the report are collected annually from the operations of the ADFIAP Secretariat office located in Makati City, Philippines.

Data on economic performance represent the activities of the entire organization. The information provided in this report were selected on the basis of feedback and consultations with internal stakeholders. Financial information are obtained from ADFIAP’s accounting system and are presented in U.S. dollars.

ADFIAP 2011 Sustainability Report

The ADFIAP 2011 Sustainability Report is now registered with the Global Reporting Initiative (GRI) disclosure database, indicating ADFIAP’s commitment in promoting sustainable development and in providing transparency on its commitments, policies, strategy and performance in economic, environmental and social aspects affecting its operations and stakeholders.

The GRI disclosure database offers access to all types of sustainability information disclosed by organizations, whether GRI-based or otherwise. Users can compare levels of disclosure among GRI reporting organizations without having to study individual reports. The database is the outcome of years of data collection by GRI, including the gathering of contextual organizational information.

ADFIAP has been registering its sustainability reports with the GRI disclosure database since 2008. GRI is the de facto world standard for sustainability reporting. To view these reports, please click:

2010 ADFIAP Integrated Annual and Sustainability Report

2010_ADFIAP IASRFor the third consecutive year, ADFIAP has released its 2010 Integrated Annual and Sustainability Report which provides members and other readers information on ADFIAP’s sustainability commitments, strategies and achievements in the economic, environmental, social and governance aspects of its operations. As in previous reports, ADFIAP complied with the G3 C level indicators under the Global Reporting Initiative (GRI) Sustainability Reporting Guidelines, the de facto world standard for sustainability reporting.

The theme of the report, “Strengthening Ties”, highlights ADFIAP’s successful working relationships with its members and worldwide partners that resulted in the full use of human and financial capital in tackling sustainability challenges. The theme also depicts ADFIAP’s meaningful ties with other stakeholders who are an integral part in defining the Association’s sustainability strategy as well as in sharpening its decision making and enhancing the organization’s economic, environmental, social and governance performance.

The report also presents awe-inspiring stories of some ADFIAP members that have entered into partnerships leading to groundbreaking results. To view the full report, please click on this link:

ADFIAP 2009 Integrated Annual and Sustainability Report

ADFIAP has released its second consecutive integrated annual and sustainability report that covers the forward-looking initiatives of the Association for 2009. As in the first one released in 2008, this report focused on the ADFIAP’s Secretariat’s sustainability performance as measured by the G3 C level indicators of the Global Reporting Initiative (GRI) Sustainability Reporting Guidelines.

Despite the challenging economic conditions of 2009, ADFIAP and its member-institutions’ commitment to sustainability has never been stronger. ADFIAP is working towards leading the development financing community in sustainability reporting and is proud of the progress made so far, with 2009 representing another big step in this journey. ADFIAP has thus evolved from setting aspirational goals to establishing measurable goals with metrics and targets.

The theme of the report, “Playing Our Part”, highlights the activities and achievements of ADFIAP in pursuit of its sustainable development mission by leading the way for its members to continue providing financial and technical assistance to initiatives that are socially-beneficial, environmentally-responsible and economically-viable. In this regard, the report pays tribute to its 117 member-institutions and features four members from a broad geographic spectrum that played significant roles in helping their governments and local enterprises cope with the challenges brought about by the global economic turmoil that made 2009 one of the most trying times in our history.

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ADFIAP 2008 Integrated Annual and Sustainability Report

SUSTAINABILITY reporting addresses how societal trends are affecting a company, and how the company’s presence and operations are affecting society. As such, sustainability reporting can demonstrate a company’s motivation and willingness to position itself in a broader context. Such expectations now extend to organizations, and the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) is pleased to present its integrated Annual Report and Sustainability Report for 2008.

We at ADFIAP view sustainability as a significant responsibility, as well as a continual source of opportunity. From the services we offer to members to our advocacy and operations, we strive to embed sustainability into everything we do.

This integrated report describes how ADFIAP forges ahead in our continuing journey towards sustainability. True to our commitment to become the focal point of financing sustainable development in the Asia Pacific region, we embarked on an initial journey to advance this agenda through sustainability reporting in 2007.

Our 2008 report reviews ADFIAP’s performance from the perspective of three key themes: continuity, diversity, and community. It also provides an overview of our Secretariat’s performance as measured by the G3 C level indicators of the Global Reporting Initiative (GRI) Sustainability Reporting Guidelines. We also report the progress we made against our 2005-2009 Strategic Plans, which started our sustainability journey. An electronic version of the report is available at

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ADFIAP Annual Report 2007

Since embarking on the journey towards sustainability in Almaty, Kazakhstan in 2004, the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) had spent the past four years trying to unpack what “sustainable development” really meant from a DFI perspective. The journey had led us to many roads and more fresh challenges to clearly defining our role as the engine that will drive the sustainable development agenda among our members.

Our 2007 annual report is an initial attempt to advance this agenda through sustainability reporting. Our cover depicts the journey ahead – through the straight road, the arching trees and the clear destination. The report would show that ADFIAP is on the right track in its quest as well as its commitment to foster sustainable development in the Asia- Pacific region.

In this report, we have adopted selected profile indicators from the Global Reporting Initiative (GRI) g3 guidelines on strategy and analysis, organizational profile, report parameters, governance, commitments, and engagements. This will serve as a prelude to our 2008 report where we plan to declare a specific application level with sustainability performance indicators.

We consider the publication of this integrated annual and sustainability report a part of our overarching goal to be a learning organization. Your feedback will allow us to advance, not only in the reporting process, but also in the areas of community commitment and environmental protection where we can improve on our performance. We welcome your feedback at

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ADFIAP Annual Report 2006

Starting in 2005, ADFIAP, led by its Board of Directors, engaged in a participative strategic planning process. The planning process was intensive, introspective and self-critical. ADFIAP revisited and changed its mission and benchmarked it against comparable associations. Candid discussions were held within the Board and in the Secretariat to assess the future leadership and advocacy role of ADFIAP and the needs of members.

Throughout the process, the message was clear and consistent: ADFlAP must become an exemplary association, with sustainable development as an advocacy and with member services that are central to all activities.

The Board of ADFIAP heard the message and developed a five-year plan designed to transform ADFIAP into a full-service international association open and responsive to the collective interests of its members, constituents and partners.

The Five Strategic Directions The Board of Directors and Secretariat identified five strategic directions in which ADFIAP has a unique niche and opportunity.

As ADFIAP moves forward into its fourth decade of existence, these five directions will guide the Association as a fullservice international association that will strengthen DFls, the development banking and finance community, and the constituencies they all serve.

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ADFIAP Annual Report 2005

“The philosophy of financing development was borne out of the realization and conviction that the region is richly endowed with indigenous resources… We have to rely a great deal on our regional capabilities and strengths in the spirit of mutual cooperation.” Vicente R. Jayme, Founding Chairman.

THE STORY OF ADFIAP started in Manila in 1969, when the Asian Development Bank (ADB) gathered development bankers at its Fourth Regional Conference of Development Financing lnstitutions of Asia and the Pacific.

The ADB was instrumental in planting the germ of an idea to form a regional association of DFls to bring institutions together in the pursuit of a common philosophy of development.

The plan gained further momentum in Paris in 1970 during the United Nations Industrial Development Organization Bankers’ Meeting. The Asia-Pacific DFls that attended the meetings in Caracas elected Abol Gasem Kheradjou, H.F.G. Leembruggen, and Baldev Pasricha to draft a constitution for the proposed association of DFls in the region.

On October 1, 1976, the Association of Development Financing lnstitutions in Asia and the Pacific (ADFIAP) was born. A total of 31 DFls that attended the Sixth ADB Regional Conference in Manila signed a memorandum of agreement and adopted the constitution of the non-stock, nonprofit organization.

“Our keen desire for so many years to organize ourselves and share the task of improving our institutions and nations through mutual cooperation in development financing finally became a reality that day”, said Vicente R. Jayme, who was the founding chairman.

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