世界銀行-GRI指數(shù)2023（英）

GR

I

I

ndex2

023?2023InternationalBankforReconstructionandDevelopment/TheWorld

Bank1818HStreetNWWashingtonDC20433Telephone:202-473-1000Internet:ThisworkisaproductofthestaffofTheWorld

Bankwithexternalcontributions.Thefindings,interpretations,andconclusionsexpressedinthisworkdonotnecessarilyreflecttheviewsofTheWorld

Bank,itsBoardofExecutiveDirectors,orthegovernmentstheyrepresent.The

World

Bank

does

not

guarantee

the

accuracy,

completeness,

or

currency

of

the

data

included

in

this

work

and

does

not

assumeresponsibility

for

any

errors,

omissions,

or

discrepancies

in

the

information,

or

liability

with

respect

to

the

use

of

or

failure

to

use

theinformation,

methods,

processes,

or

conclusions

set

forth.

The

boundaries,

colors,

denominations,

and

other

information

shown

on

anymap

in

this

work

do

not

imply

any

judgment

on

the

part

of

The

World

Bank

concerning

the

legal

status

of

any

territory

or

the

endorsementoracceptanceofsuchboundaries.Nothing

herein

shall

constitute

or

be

construed

or

considered

to

be

a

limitation

upon

or

waiver

of

the

privileges

and

immunities

of

TheWorld

Bank,allofwhicharespecificallyreserved.RightsandPermissionsThe

material

in

this

work

is

subject

to

copyright.

Because

The

World

Bank

encourages

dissemination

of

its

knowledge,

this

work

may

bereproduced,inwholeorinpart,fornoncommercialpurposesaslongasfullattributiontothisworkisgivenAny

queries

on

rights

and

licenses,

including

subsidiary

rights,

should

be

addressed

to

World

Bank

Publications,

The

World

Bank

Group,1818HStreetNW,

Washington,DC20433,USA;fax:202-522-2625;e-mail:pubrights@.Coverimage:CorporateResponsibilityProgram.Design:World

BankGlobalCorporateSolutions,CreativeServices,andWorld

BankCorporateResponsibilityProgram.INTRODUCTIONGRI

INDEX

2023This

GRI

index

report,

which

covers

the

period

from

July

1,

2022,

to

June

30,2023,

has

been

prepared

by

the

Corporate

Responsibility

Program

of

boththe

International

Bank

for

Reconstruction

and

Development

(IBRD)

and

theInternational

Development

Association

(IDA)—collectively

known

as

theWorld

Bank.

Annual

reports

for

the

other

World

Bank

Group

institutions—theInternational

Finance

Corporation

(IFC),

the

Multilateral

Investment

GuaranteeAgency

(MIGA),

and

the

International

Centre

for

Settlement

of

InvestmentDisputes

(ICSID)—are

published

separately.

Throughout

the

report,

the

termWorld

Bank

and

the

abbreviated

Bank

refer

only

to

IBRD

and

IDA;

the

termWorld

Bank

Group

and

the

abbreviated

Bank

Group

referto

the

five

institutions.All

dollar

amounts

used

in

this

report

are

current

U.S.

dollars

unless

otherwisespecified.GRI

Index

20231INTRODUCTIONGRIDEFINING

THE

REPORTMETHODOLOGY

FOR

DETERMININGMATERIALITYThe

GRI

(Global

Reporting

Initiative)

is

an

independent,

internationalorganizationthathelpsbusinessesandotherorganizationstakeresponsibilityfor

their

impacts,

by

providing

them

with

the

global

common

languagetocommunicate

those

impacts.

The

GRI

Standards

are

a

free

public

goodand

are

the

most

widely

used

sustainability

reporting

standards

globally.In

2003,

the

World

Bank

provided

seed

funding

to

the

GRI

and

beganreporting

environmental,

social,

and

governance

informationto

investors.The

topics

deemed

relevant

for

disclosure

have

been

identified

by

assessingannual

corporate

priorities

outlined

by

the

institution’s

Boards

and

President,considering

stakeholder

input,

and

ascertaining

the

sustainability

impactsof

carrying

out

theinstitution’s

mission

and

vision.

Stakeholder

feedback

isgained

through

three

key

channels:

the

Country

Opinion

Survey

Program,civil

society

feedback,

and

queries

from

environmental,

social,

andgovernance

research

groups.The

business-case

criteria

for

determining

material

topics

are

based

onpotential

reputational

risks

to

the

institution,

stakeholder

priorities,

linkageswith

the

Bank’s

mission

and

goals,

and

the

linkages

identified

as

materialin

the

World

Bank

Corporate

Responsibility

Strategic

Plan.

The

sustainabilityimpact

refers

to

environmental

and

social

criteria,

as

outlined

by

the

NaturalStep,

namely:

material

extracted

from

the

earth's

crust;

the

accumulationof

persistent

or

toxic

emissions;

extractive

industry

or

destructive

processes;and

the

extent

to

which

people's

ability

to

meet

their

needs

are

undermined.To

ensure

representation

of

sustainable

development,

a

criterion

givespreference

for

impact

on

the

local

economy.GRI

INDEX

2023This

GRI

index

inventories

the

sustainability

considerations

used

in

the

lendingand

analytical

services

of

the

World

Bank.

The

index

covers

activities

offiscal

2023,

from

July

1,

2022,

to

June

30,

2023.

This

sustainabilitydisclosureindex

has

been

prepared

in

accordance

with

the

GRI

Standards.The

Reporting

Principles

for

defining

report

content,

outlined

by

the

GRI,have

been

applied

to

identify,

prioritize,

and

validate

the

information

tobe

disclosed

by

considering

the

World

Bank’s

activities

and

impacts

andits

stakeholders’

substantive

expectations

and

interests.

Each

criterion

hasbeen

given

a

point,

and

a

threshold

was

set

to

prioritize

GRI

aspects

toinclude

in

the

report,

as

determined

and

validated

by

an

internal

focusgroup

that

met

in

April

2023.

The

Bank

reports

on

each

topic

that

garnersfour

or

more

points.For

more

information

on

the

Reporting

Principles,

visit:

https://www.global-/standards/GRI

Index

20232INTRODUCTION2023

RESULTS:

WHAT

IS

MATERIAL?Anti-Corruption:

Opinion

leaders

in

Bank

member

countries

list

anti-corrup-tion

as

adevelopment

priority.Boundaries

are

defined

based

on

where

the

impacts

occur

for

a

materialtopic.

Indirect

impacts

lie

within

the

"operational"

boundary.

Direct

impactsfall

within

the

"corporate"

boundary.

For

each

material

topic,

boundariesare

specified

in

the

management

approach

disclosures.Biodiversity:

The

Bank

is

one

of

the

largest

international

funding

sources

forbiodiversity

worldwide.Child

Labor/Forced

or

Compulsory

Labor/Rights

of

Indigenous

Peoples/Human

Rights:

Human

rights

and

sustainable

development

are

inherentlyinterlinked

and

mutually

reinforcing.IMPACTS

EXTERNAL

TO

THEORGANIZATION["OPERATIONAL

BOUNDARY"]Local

Communities:

Empowering

communities—including

democratizingdata,

fostering

accountability,

and

promoting

gender-

and

communi-ty-driven

development

builds

sustainable

and

peaceful

societies."Operational

boundary"

denotes

indirect

impacts

that

occur

in

membercountries

as

a

result

of

Bank

lending

and

analytical

services

and

may

notbe

directly

controlledby

the

Bank's

management.

Impacts

stemming

fromthe

Bank's

work

with

clients

are

specified

as

"operational

impacts."IMPACTS

INTERNAL

TO

THEORGANIZATION["CORPORATE

BOUNDARY"]"Corporate

boundary"

refers

to

the

impact

from

activities

over

which

theBank

has

direct

control,

such

as

operating

Bank

facilities

and

managingBank

staff

members.GRI-RELATED

ASPECTSEconomic

Performance:

Green,

resilient,

and

inclusive

economic

valueadvances

the

Bank’s

mission,

signals

sustainable

institutional

performanceto

shareholders

and

investors,

and

raises

the

value

proposition

for

attractingand

retaining

talent.Indirect

Economic

Impacts:

Creating

indirect

green,

resilient,

and

inclusiveeconomic

impacts

in

low-

and

middle-income

countries

is

good

business

–it

generates

jobs

and

promotes

economic

growth.GRI

Index

20233INTRODUCTIONCORPORATE

IMPACTQuestions

and

comments

about

the

World

Bank

GRI

Index

2023

should

beaddressedto

the

World

Bank

Corporate

Responsibility

Program

at:crinfo@.The

most

material

aspects

of

the

Bank's

internal

operations

include

thefollowing:?Staff

are

the

World

Bank's

greatest

asset.

Staff

bring

a

widerange

of

perspectives

to

bear

on

current

and

emergingdevelopment

challenges

and

are

critical

to

the

effectivenessof

the

Bank's

core

operational

and

knowledge

services.Staff-related

indicators

pulled

from

the

GRI

aspect

categoriesinclude

Diversity

and

Inclusion,

Economic

Performance,

HumanResources,

Environmental

and

Social,

Non-Discrimination,Occupational

Health

and

Safety,StaffLearning.?Reducing

the

corporate

environmental

impact

aligns

with

theinstitutional

mission,

as

environmental

degradation

dispro-portionately

affects

the

poor.

Increasing

the

efficiency

ofhow

the

institution

runs

its

business

through

facility-level

andstaff

behaviour

changes

reduces

natural

resource

wasteand

decreases

the

cost

of

daily

operations.

Environmentalfootprint-related

indicators

pulled

from

the

GRI

aspect

include:Biodiversity,

Carbon

Emissions,

Energy,

Materials,

Waste,

Water,and

Procurement

Practices.GRI

Index

20234INTRODUCTIONLIST

OF

ACRONYM

SACRONYMSACRONYM

SIGNIFICATIONACRONYM

SIGNIFICATIONIDAInternationalDevelopment

AssociationIndependentEvaluation

GroupInternational

Finance

CorporationInvestment

Project

FinancingInternational

Monetary

FundAPECCCAPCCDRCDPCSOEBCESFAsia

Pacific

Economic

CooperationClimate

Change

Action

Plan

for

2021–2025Country

Climate

andDevelopment

ReportCarbon

DisclosureProjectIEGIFCIPFIMFCivil

SocietyOrganizationINTIntegrity

VicePresidencyEthics

and

Business

Conduct

DepartmentEnvironmental

and

Social

FrameworkEnvironmental,

Social,andGovernanceEnvironmental

and

Social

StandardEuroMD&AMIGAOECDManagement

Discussion&

AnalysisMultilateral

Investment

Guarantee

AgencyESGESSOrganizationfor

Economic

Co-OperationandDevelopmentEURSDGsSRPAUNSustainableDevelopment

GoalsStandard

Record

of

Processing

ActivityUnitedNationsFTEFull-Time

EquivalentGRIGlobal

Reporting

InitiativeHRHumanResourcesU.S.United

StatesIBRDInternational

Bankfor

Reconstruction

andDevelopmentNote:

All

dollar

amounts

are

U.S.

dollars

unless

otherwise

indicated.ICSIDInternationalCentre

for

Settlementof

Investment

DisputesGRI

Index

20235MATERIAL

TOPICS

DISCLOSEDTABLE

OFCONTENTSGENERALDISCLOSURESECONOMICDISCLOSURESENVIRONMENTALDISCLOSURESSOCIALDISCLOSURES7446176ORGANIZATIONALPROFILEECONOMICPERFORMANCEMATERIALS63676870HUMAN

RESOURCESSTAFFLEARNING7790181114244550WATERSTRATEGYINDIRECT

ECONOMICIMPACTSBIODIVERSITYCARBONEMISSIONSDIVERSITY

ANDINCLUSIONGOVERNANCEINTEGRITY9397PROCUREMENTPRACTICESCHILD

LABOR5256STAKEHOLDERENGAGEMENTFORCED

OR

COMPULSORYLABOR

101ANTI-CORRUPTION34GRI

Index

20236GENERAL

DISCLOSURESGENERAL

DISCLOSURESGRI

Index

2023|

GENERAL

DISCLOSURES7GENERAL

DISCLOSURESGRI

2GENERALD

I

SCLOSURE

SMATERIAL

TOPICS:

ORGANIZATIONAL

PROFILE,

STR

ATEGY,

GOVERNANCE,ETHICS

AND

INTEGRITY,

STAKEHOLDER

ENGAGEMENTMANAGEMENT

APPROACH:

ORGANIZATIONAL

PROFILE2-1:

ORGANIZATIONAL

DETAILSThe

World

Bank

(Bank)

consists

of

the

International

Bank

for

Reconstruction

and

Development

(IBRD)

and

the

International

Development

Association(IDA)and

collectively,

with

the

International

Finance

Corporation

(IFC),

the

Multilateral

Investment

Guarantee

Agency

(MIGA),

and

the

International

Centre

forSettlement

of

Investment

Disputes

(ICSID),

constitutes

the

World

Bank

Group

(Bank

Group).

These

institutions

represent

one

of

the

world’s

largest

sources

ofknowledge

and

financing

for

developing

countries

and

share

a

commitment

to

ending

extreme

poverty

and

boosting

shared

prosperity

by

fostering

green,resilient,

and

inclusive

development.

Their

staff

represent

181

nationalities

and

work

in

more

than140

countries.

The

headquarters

are

in

Washington.For

more

information,

visit:

/about

and

/en/about/contactsThe

International

Bank

for

Reconstruction

and

Development

(IBRD),

established

in

1944

to

help

rebuild

Europeafter

WorldWar

II,

is

a

global

developmentcooperative

owned

by

189

membercountries

andthe

largest

development

bank

in

the

world.

It

provides

loans,

guarantees,

risk

management

products,and

advisory

services

tocreditworthy

middle-income

and

low-income

countries,

as

well

as

coordinates

responses

toregional

and

global

challenges.

IBRDraises

most

of

its

funds

in

the

world’s

financial

markets,

has

maintained

a

triple-A

rating

since

1959,

and

earns

income

every

year

from

the

return

on

its

equityand

from

the

small

margin

it

makes

on

lending.The

InternationalDevelopment

Association

(IDA),established

in

1960

to

help

low-income

countries,

is

one

ofthe

largest

sourcesofassistanceforthe

world’s75poorest

countries

and

is

the

single

largest

source

of

donor

funds

for

basic

social

services

in

these

countries.

It

provides

zero-

to

low-interest

loans

(called

“credits”)and

grants

for

programs

that

boost

economic

growth,

reduce

inequalities,

and

improve

people’s

living

conditions.

IDA

also

provides

significant

debt

reliefthroughtheHeavilyIndebted

Poor

CountriesInitiative

andtheMultilateralDebt

Relief

Initiative.

Historically,

IDA

replenishesits

resources

every

threeyears

withcontributions

from

donors

and

the

Bank,

and

since

2018

uses

an

innovative

financing

model

that

combines

donor

contributions

with

reflows

from

past

IDA

creditsas

well

as

capital

market

borrowings.GRI

Index

20232

|

GENERAL

DISCLOSURES8GENERAL

DISCLOSURESFor

a

full

list

of

IBRD

and

IDA

members,

visit:

/en/about/leadership/membersIDA

and

IBRD

operate

under

Articles

of

Agreement.

The

agreements

outline

the

conditions

of

membership

and

the

general

principles

of

organization,management,andoperations.TheyalsoeachpublishanannualInformationStatementcontainingtheirmostrecentFinancialStatementsandManagement’sDiscussion

&Analysis,

an

institutional

description,

and

adescription

of

their

respective

capital,

operations,

administration,

Articles

of

Agreement,

and

legalstatus.For

IBRD’s

and

IDA’s

Articles

of

Agreement,

visit:

/en/about/articles-of-agreementFor

IBRD’s

most

current

InformationStatement,

visit:

/en/about/unit/treasury/ibrd/ibrd-financials-and-ratingsFor

IDA’s

most

current

InformationStatement,

visit:

/en/about/unit/treasury/ida2-2:

ENTITIES

INCLUDED

IN

THE

ORGANIZATION’S

SUSTAINABILITY

REPORTINGThe

World

Bank

GRI

Index

2023

covers

activities

of

IBRD

and

IDA,

which

constitute

the

World

Bank.

Annual

reports

for

the

other

World

Bank

Group

institutions—the

International

Finance

Corporation

(IFC),

the

Multilateral

Investment

Guarantee

Agency

(MIGA),

and

the

International

Centre

for

Settlement

of

InvestmentDisputes

(ICSID)—are

published

separately.

Referencesto

the

World

Bank

Group

have

been

made

in

this

report

as

appropriate.Each

World

Bank

Group

institution

is

legally

and

financially

independent

with

separate

assets

and

liabilities.

Consolidated

financial

information

is

notprepared.

IFC

and

IBRD

file

FinancialStatements

and

Management’s

Discussion

&

Analysiswith

the

U.S.

Securities

and

Exchange

Commission.

MIGA

andIDA

do

not

file

with

the

U.S.

Securities

and

Exchange

Commission.2-3:

REPORTING

PERIOD,

FREQUENCY,

AND

CONTACT

POINTThe

World

Bank

GRI

Index

2023

covers

activities

from

July

1,

2022,to

June

30,

2023.

Annually,

the

index

is

updated

and

published

as

well

as

summarized

inthe

World

Bank

annual

report.

Biennially,

the

index

helpsto

inform

the

World

Bank

sustainabilityreview.The

World

Bank

Annual

Report

2023

covers

activities

from

July

1,

2022,

to

June

30,

2023.

The

financial

results—including

the

Management

Discussion

&Analysis

of

the

financial

condition

and

results

of

operations

for

IBRD

and

IDA

for

the

fiscal

year

that

ended

June

30,

2023—are

reflected

in

their

respectiveaudited

Financial

Statements

and

Management

Discussion&

Analysis.GRI

Index

2023|

GENERAL

DISCLOSURES9GENERAL

DISCLOSURESThe

World

Bank

Sustainability

Review

2023

covers

activities

from

July

1,

2021,

to

June

30,

2023.The

financial

results—including

the

Management

Discussion

&Analysis

of

the

financial

condition

and

results

of

operations

for

IBRD

and

IDA

for

the

fiscal

year

that

ended

June

30,

2023—are

reflected

in

their

respectiveaudited

Financial

Statementsand

Management

Discussion

&Analysis.The

World

Bank

annual

report

is

typically

published

two

weeks

ahead

of

the

Annual

Meetings

of

the

International

Monetary

Fund

and

the

World

BankGroup

(Annual

Meetings).

The

World

Bank

Annual

Report

2023

was

published

on

September

29,

2023.The

World

Bank

GRI

Index

2023

and

the

World

BankSustainability

Review

2023

will

be

published

in

2024.

The

Financial

Statements

and

Management

Discussion

&

Analysis

for

IBRD

and

IDA

were

approved

bythe

Board

on

August

3,

2023.

IBRD

filed

its

Financial

Statements

and

Management

Discussion&

Analysis

with

the

U.S.

Securities

and

Exchange

Commissionon

August

4,

2023.For

more

information,

please

email

the

Corporate

Responsibility

Program:

crinfo@.2-4:

RESTATEMENTS

OF

INFORMATIONThere

were

no

restatements

of

information

given

in

previous

reports.2-5:

EXTERNAL

ASSURANCEThe

Bank

has

not

set

a

policy

on

gaining

external

assurance

for

its

GRI

index

or

sustainability

review.

The

Bank

greenhouse

gas

inventory

is

audited

for

limitedassurance

every

three

years.

The

most

recent

verification

is2021,

covering

fiscal

2020

World

Bank

Group

emissions.

The

greenhouse

gas

emissionscoveredin

the

external

assurance

are

calculated

within

the

following

boundaries:???Inventory

boundary:

the

World

Bank

Group.Operational

boundary:

the

World

Bank

Group’soperational

control.Geographic

boundary:

the

World

Bank

Group’sglobal

operations(exceptforfoodprocurement,

which

only

applies

to

headquarters).The

following

boundaries

arereviewed:

scope

1,

scope

2,

and

scope

3

business

air

travel

and

headquarters

food

procurement

emissions.

In

addition,therenewable

energy

credits

and

offsets

the

World

Bank

procures

are

verified

as

covering

these

emissions.The

limited

assurance

is

in

accordance

with

International

Standard

on

Assurance

Engagements

3000

issued

by

the

International

Auditing

and

AssuranceStandards

Board

and

with

EN

ISO

14064-3:2018

(specification

with

guidance

for

the

validation

and

verification

of

greenhouse

gas

assertions).

The

mostrecent

external

assurance

was

conducted

by

independent

auditors,

EY

&

Associés,

who

comply

with

the

independence

and

ethical

requirements

of

theCode

of

Ethics

for

Professional

Accountants

issuedby

the

International

Ethics

Standards

Board

for

Accountants.GRI

Index

2023|

GENERAL

DISCLOSURES10GENERAL

DISCLOSURESFor

additional

details

on

the

limited

assurance

report,

visit:

/en/about/what-we-do/crinfoMANAGEMENT

APPROACH:

STRATEGY2-6:

ACTIVITIES,

VALUE

CHAIN,

AND

OTHER

BUSINESS

RELATIONSHIPSThe

Bank

works

in

every

major

area

of

developmentacross

seven

regions:

Eastern

and

Southern

Africa,

Western

and

Central

Africa,

East

Asia

and

Pacific,Europe

and

Central

Asia,

Latin

America

andthe

Caribbean,

Middle

East

and

North

Africa,and

South

Asia.

The

Bank’s

work

is

anchored

in

achieving

twooverarching

goals

in

a

sustainable

way:

end

extreme

poverty

and

boostshared

prosperity

by

fostering

green,

resilient,

and

inclusivedevelopment.FINANCIAL

PRODUCTS

AND

SERVICESSince

the

Bank

approved

its

first

loan

in

1947,

it

has

funded

more

than

12,000

development

projects

through

loans,

credits,

and

grants

to

developingcountries.

These

projects

support

investments

in

areas

such

as

agriculture,

education,

environmental

and

natural

resource

management,

financial

andprivate

sector

development,

health,

infrastructure,

and

public

administration.

Some

Bank

projects

are

co-financed

with

governments,

other

multilateralinstitutions,

commercial

banks,

export

credit

agencies,

and

private

sector

investors.The

Bank

also

provides

or

facilitates

financing

through

trust

fund

partnerships

with

bilateral

and

multilateral

donors.

Many

partners

have

asked

the

Banktohelp

manage

initiatives

that

address

needs

acrossa

wide

range

of

sectors

and

regions.INNOVATIVE

KNOWLEDGE

SHARINGThe

Bank

offers

support

to

developing

countries

through

policy

advice,

research

and

analysis,

and

technical

assistance.

The

Bank’s

analytical

work

underpinsits

financing

and

helps

inform

developing

countries’

own

investments.

The

Bank

also

supports

capacity

development

in

its

member

countries

and

sponsors,and

hosts,

and

it

participates

in

many

conferences

and

forums

on

development

issues,

often

in

collaboration

with

partners.The

Bank’s

Access

to

Information

Policy

has

been

the

catalyst

for

initiatives

such

as

Open

Data,

the

Open

Knowledge

Repository,

and

Open

Finances.IBRD

and

IDA’s

Open

Learning

Campus

is

a

destination

for

development

learning

that

builds

the

leadership

and

technical

capabilities

of

developmentstakeholders,

partners,

practitioners,

policy

makers,

staff,

and

the

public.For

more

information,

visit:

/en/about/what-we-do

and

/en/what-we-do/products-and-servicesGRI

Index

2023|

GENERAL

DISCLOSURES11GENERAL

DISCLOSURESIBRD

COMMITMENTS

AND

RESOURCESNet

lending

commitments

byIBRD

totalled

$38.6

billion

in

fiscal

2023.

IBRD

raised

about

$42.4

billion

in

sustainable

development

bonds

issued

in

avariety

ofstructures

and

maturities

in

fiscal

2023

($40.8

billion

in

fiscal

2022).

IBRD’s

equity

comprises

primarily

paid-in

capital

and

reserves.IDA

COMMITMENTS

AND

RESOURCESNet

lending

commitments

by

IDA

totalled

$34.2

billion

in

fiscal

2023,

including

$27

billion

in

credits

and

$7.

3

billion

in

grants.

IDA

is

financed

largely

bycontributions

from

partner

governments.

Additional

financing

comes

from

transfers

from

IBRD’s

net

income

and

borrowers’

repayments

of

earlier

IDAcredits.

In

fiscal

2023,

IDA

issued

almost

$2

billion

in

bonds,

compared

to$9.4

billion

in

fiscal

2022.

Totalresources

for

the

IDA20

Replenishment

amountedto$93

billion.For

more

information,

visit:

World

Bank

Annual

Report

2023For

information,

on

the

Bank’s

workby

region,sector,and

theme,

visit:

/en/where-we-workAs

of

June

30,

2023,

the

capital

adequacy

of

IBRD

and

IDAremained

stable.

Bothentities

had

sufficient

resources

to

meet

their

liquidity

requirements

andto

access

capital

markets.ORGANIZATION’S

SUPPLY

CHAINCorporate

procurement:

The

Bank

Group

purchases

around

$2

billion

annually

in

corporate

goods