Our Mission is to further the objectives of the European Union by making long-term finance available for sound investment.
The EIB Group promotes Corporate Responsibility through its mission and activities in the service of the European Union, through the way it implements these and through its internal management.
The EIB attaches great importance to engaging with civil society and building cooperative relations with its representatives.
The overriding principle is that the EIB Group has a zero-tolerance policy on fraud or corruption, whether perpetrated by its own staff or occurring in connection with projects, loans or equity to which EIB Group funds are committed.
The Bank’s key reference documents are the EIB’s Anti-Fraud Policy and the Procedures for the Conduct of Investigations, which summarise the main points of the Bank's current strategy in this area. These documents are based on the Uniform Framework agreement reached by the IFI Anti-Corruption Task Force in September 2006, which harmonises the definitions of fraud, corruption, collusion and coercion across the IFIs. In addition, the EIB has codes of conduct and a Guide to Procurement and also relies, in Member States, on European Union directives, international regulations and recommendations and internal rules, including conditions and clauses contained in the EIB's finance contracts.
The Bank encourages everybody to report promptly to the Inspectorate General/Fraud Investigations Unit suspicions of or information concerning fraud or corruption in EIB-financed operations or activities. This can be done on the page How to report fraud or corruption at the EIB
The Compliance Office's Integrity Policy and Compliance Charter sets out the fundamental ethical principles applicable to the European Investment Bank and the European Investment Fund, underlines the EIB Group’s commitment to a policy of integrity in the performance of its mission, oversees compliance with standards and acts as a first-line detector of potential incidents of non-observance of rules on ethics and integrity so that appropriate measures can be taken in line with the texts and procedures in force. The aim of this policy is to ensure that the Bank does not support or undertake any project, structure or investment that may permit fraud or encourage money laundering or the financing of terrorism. This policy applies to both lending and treasury operations. The Office of the Chief Compliance Officer (OCCO), in cooperation with Human Resources (HR), published a review of the existing Whistleblowing Policies and Procedures.
These codes of conduct apply to the members of staff, the management committee, the EIB board of directors, and the audit committee. They set out the rules applicable in matters of professional ethics and behaviour.
You will find under this page useful links on integrity at other international organisations and on anti-corruption agencies, NGO's and groups.
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