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Our responsibility

The cooperative tradition isn’t just associated with the task of contributing to the benefit of society, but also taking responsibility and purposefully addressing global problems including climate change, scarcity of resources, poverty, demographic change, territorial development, deforestation and the threat to biodiversity.

DZ PRIVATBANK wants to harmonise economic success with ecological and social challenges. To this end, we combine long-term business goals with the aspiration of creating value – for customers, cooperative banks, employees and society.

Current sustainable-rating of the DZ BANK Group

oekom research, one of the world's leading rating agencies in the sustainable investment market, awarded the rating "C +" to DZ BANK Group, which continues by that to be listed in the "Prime status" for particularly sustainable companies. With the current rating, the DZ BANK Group ranks among the best-ranked German banks.

(As of February 2018)

 

Living sustainability

Since 2012, DZ PRIVATBANK has devoted its energies to integrating sustainable aspects within the company in the context of the Sustainability market initiative launched by the DZ BANK Group.

Together with the companies in the DZ BANK Group, in 2013 we decided to recognise the ten principles set down in the UN Global Compact and to implement them within our own sphere of influence. Since then, we have created common guidelines for our suppliers and service providers to also examine them with respect to social and ecological issues. A common code of conduct forms the foundation for DZ BANK Group employees – we introduced it together with the Compliance divisions. We would like to strengthen our commitment together in the future too – with Group-wide guidelines on sustainability in lending and proprietary investment, for example.

With an environmental management system that implements energy-efficient solutions in building technology, we are pursuing a common climate goal with the objective and minimum requirements: starting from the base year 2009, the companies of the DZ BANK Group will reduce their respective CO2 emissions by at least 80 % by the year 2050.

Stiftungsmanagement
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