Sustainability

Strategy

The way Helaba sees itself is characterised by a sense of responsibility towards society and the environment. We consider supporting prosperity and the common good as well as conserving the basic resources needed for life as an obligation inherent upon us as a company. Sustainability in the sense of ecological and social responsibility is an integral component of our Group’s binding business strategy.

The entire Helaba Group is committed to the ten principles of the UN Global Compact. It therefore pledges to protect human and labour rights, to reject forced and child labour as well as corruption and to support environmentally-friendly technologies in the scope of its entire business activities.

In addition, we are committed to observing the Universal Declaration of Human Rights, the core labour standards of the International Labour Organisation (ILO) as well as the ILO Declaration on Fundamental Principles and Rights at Work.

Our business strategy contains a clear commitment to protecting the climate.

Michael Seibel
Sustainability Officer

Concept

In 2017, Helaba developed its most important sustainability criteria in a multi-stage process, in which we also involved our relevant stakeholder groups. A materiality analysis served as a starting point from which to integrate significant sustainability topics into our business activities. We then developed goals on the basis of this materiality analysis and focal topics derived therefrom.

Management

The bank’s Board of Managing Directors conducts the bank’s business activities according to laws, the corporate governance statutes and specifications contained within the Rules of Procedure for the Board of Managing Directors. The members of the Board of Managing Directors are collectively responsible for the bank’s business activities. Sustainability in the sense of ecological and social responsibility is an integral component of the Helaba Group’s binding business strategy. Overall responsibility for all aspects of sustainability rests with the Board of Managing Directors. To this end, it is supported by the Sustainability Steering Committee and the Sustainability Officer.

Regulatory

We consistently push for adherence to rules and regulations on a local, national and international level. In case legal rules contradict each other or if stricter or more comprehensive rules apply in day-to-day business, in general the stricter rules must be applied.

Violations of the law may damage the company, our employees as well as our customers and jeopardise the bank’s reputation. Our risk-based compli-ance management system, which is focused on prevention, ensures that – where possible - any violations are avoided from the outset.

Standards

Compliance with statutory requirements and ethical standards and acting in a responsible manner form the basis of our business activities. This is underscored by our membership of the UN Global Compact.

Ratings & reports

In order to review and continuously improve our sustainability profile, among other things we utilise the sustainability ratings of various agencies. Furthermore, we collect internal indicators from the areas of business, the environment and social affairs and, in this way, document our progress. We report on this in our management report, on our website and in our declaration of compliance with the German Sustainability Code (DNK).
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