Corporate Policies
Transport Policy (renewed in 2011), Transparency Policy (renewed in 2010), Corporate Social Responsibility Policy, Governance at the EIB, Complaints Mechanism Policy (renewed in 2010), Anti-Fraud and Anti-Corruption Policy, Integrity Policy and Compliance Charter, Statement on Environmental and Social Principles and Standards, EIB Whistleblowing Policy, EIB Policy towards weakly regulated, non-transparent and uncooperative jurisdictions
The Transparency Policy of the EIB has been heavily criticized by NGOs in the past. In 2004 Article 19 issued a memorandum in which it accused the EIB of failing to meet international (including EU) standards on openness. The same year, the NGO coalition Public Funds for Public Benefits called EIB "the least transparent, least accountable and least democratically controlled institution in the family of agencies entrusted with implementing EU policies and among public". However, NGOs acknowledge important improvements in EIB's transparency since 2004, and new corporate policies adopted in 2010 are thought to go in the right direction.
Read more about this topic: European Investment Bank
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