2019 marks the end of a decade, in which sustainability has become one of the central trends of our time. Especially climate change, which is becoming more and more noticeable for the citizens as well as for the economy, has brought the question of how we can shape a future worth living to the centre stage of our society.
Just like the honourable Hamburg merchant stands for what is today understood in a neo-German way under Corporate Responsibility – i. e. social responsibility of companies, the orientation towards the common good that is deeply anchored in the savings banks is a synonym for the consistent alignment with the principles of sustainable development.
The policy assigns special importance to the finance sector in handling sustainability-related challenges – a responsibility that the savings banks in Germany and with them, the Deka Group as their Wertpapierhaus, have actively accepted.
For DekaBank as an issuer of public mortgage bonds, mortgage-backed bonds and bearer bonds, it is important to meet the requirements of the sustainability rating agencies, so that it can place its bonds successfully on the market. At the same time, the requirements of important stakeholder groups of the Deka Group are reflected in the criteria used by the agencies. Finally, the Deka Group uses the sustainability ratings as basis for a regular strengths-weaknesses analysis even in comparison with other banks.
The current sustainability ratings again prove the Deka Group’s commitment to sustainable development that is considerably above average in the sector comparison.