Helaba expands its sustainability criteria to include lending activities
Helaba has developed sustainability criteria for its lending business in order to further consolidate its corporate responsibility for the climate, the environment and society.
Diese Nachhaltigkeitskriterien hat die Bank in ihren verbindlichen Risikostrategien verankert, um Verlässlichkeit und Transparenz zu sichern. Darin schließt die Helaba die Finanzierung von Vorhaben aus, die schwere Umwelt- oder schwere soziale Schäden hervorrufen. Diese übergeordneten Grundsätze werden durch sektorspezifische Leitlinien ergänzt. Sie gelten für Sektoren mit erhöhtem Risiko, beispielsweise für Kraftwerke, Bergbau, Öl- und Gasförderung sowie den Rüstungssektor.
By expanding our risk strategies to cover specific sustainability criteria, we are refining our tried-and-tested risk policy while meeting our social responsibility as a credit institution.
Thomas Groß
Vice-Chairman of Helaba’s Board of Managing Directors
The bank is gradually reducing its exposure in the fields of coal-fired power stations and power plant coal. At the same time, it is supporting the energy transition by targeting its lending activities at energy-efficient, environmentally-friendly technologies and renewable energy.
The overriding and group-wide requirements for lending activities are based on the ten principles of the UN Global Compact. The sustainability criteria and sector-specific guidelines have been published on Helaba’s Sustainability Portal.
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