Responsible investment

Statement by Michael Rüdiger, CEO of DekaBank

"Sustainability is an essential component of our business strategy and is part of our business model’s DNA. For this reason, at the end of 2015 we made the issue of sustainability an integral part of the D18 strategic transformation programme adopted by our Board of Management. We are well aware that doing so places great demands on us, and we work continually to live up to the challenge – in line with the wishes of our owners, customers, employees and society at large."

As a pioneer among system-relevant banks in Europe and Germany, DekaBank has implemented a sustainability filter for all new investments across all proprietary investments which was developed in cooperation with the sustainability rating agency imug. Since 2016, DekaBank has also used the corresponding sustainability ratings of MSCI ESG in addition to the sustainability ratings for companies and countries compiled by imug and their international partner, Vigeo Eiris.

At the core of the filter is a catalogue of exclusion criteria in the fields of environment, armour, human and labour rights as well as corruption. Issuers of securities who violate one or more of these exclusion criteria are excluded from investment. As at 31 Dec 2016, approximately 18.2 billion euros of proprietary investments in securities were managed under application of the proprietary investment filter.