Helaba Landesbank Hessen-Thüringen has published its second GRI Sustainability Report. The report, entitled "Transformative", is related to activities in the 2022 financial year and has been prepared in accordance with the 2021 Universal Standards of the Global Reporting Initiative (GRI). The activities of the entire Helaba Group are examined in the report, including all major subsidiaries such as Frankfurter Bankgesellschaft (FBG), Frankfurter Sparkasse, GWH Wohnungsgesellschaft mbH Hessen (GWH), Helaba Invest and OFB Projektentwicklung GmbH (OFB), as well as the activities of the two legally dependent units of Landesbausparkasse Hessen-Thüringen (LBS) and Wirtschafts- und Infrastrukturbank Hessen (WIBank).
"Once again, 2022 has shown that Helaba embraces sustainability in all its dimensions - from our Sustainable Lending Framework to our Social Volunteering Programme - and that we are reaching an increasing number of staff in the process. We remain committed to this holistic approach as it is the only way we can make a credible effort towards achieving a genuine transformation", explains Petra Sandner, Helaba's Chief Sustainability Officer (CSO). In addition to sustainability reporting, the report also features magazine stories with a selection of examples illustrating Helaba's contribution to the sustainable transformation of both the real and financial economies. In addition, an interview with Petra Sandner and two experts from the private sector sheds light on how banks and industrial enterprises are driving the transition to net zero carbon. Finally, the report outlines the progress Helaba has made towards meeting its sustainability goals and associated ESG key performance indicators (KPIs).
As a member of the UN Global Compact, Helaba prepares an annual progress report as a supplement to its sustainability report. It has been publishing a non-financial disclosure since 2017, which is verified by the external auditor and submitted to Helaba's Executive Board and supervisory Board for approval.