#Sustainability

13.03.2018

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.

The bank has en­shrined these sustain­ability criteria in its binding risk strategies to ensure reliability and tran­sparency. In these strategies, Helaba rules out financing projects that cause any serious damage to the environ­ment or society. These over­arching principles are com­plemented by sector-specific guidelines and apply to industries with elevated levels of risk, such as power stations, mining, oil and gas explo­ration as well as the armaments industry.

„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. 


Mike Peter Schweitzer
Head of Communications and Press Officer
Ursula-Brita Krück
Deputy Press Officer

Sustain­ability

Ecological and social responsibility is an integral compo­nent of our business strategy.

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