Our Information on Sustainability

The sustainability strategy describes how we understand sustainability at DKB and summarizes our medium and long-term strategic goals, measures and fields of action for the future.

To promote and further develop diversity within DKB, we have developed a group-wide diversity strategy for DKB and established the position of Chief of Diversity.

The investment and financing principles include our positive concept and the exclusion criteria for granting loans.

The sustainability guideline applies to the entire Depot A of DKB AG. Our Depot A consists of the liquidity portfolio on the one hand and a proprietary portfolio of exclusively sustainable DKB mutual funds on the other.

The sustainability policy briefly and concisely describes DKB's fundamental approach to sustainability-specific issues: our seven principles of sustainability.

The environmental policy briefly and concisely explains DKB's fundamental approach to environmental issues: our ten principles on climate and the environment.

Corporate Governance Principles summarize the regulations on corporate management and monitoring that apply to DKB on the grounds of binding or self-imposed requirements.

The Code of Conduct sets out principles for all of our daily actions and DKB's ethical and moral perspective on business activities.

This sustainability agreement describes DKB's principles and requirements for our contractors in the procurement of products and for external service providers in the provision of services.

By signing this voluntary pledge, we are committing ourselves as a sustainable employer to upholding and promoting equal opportunities for all employees.

In our annual sustainability report, we reflect on our sustainability strategy and performance.

In our environmental statement, we have defined individual measures and targets for the areas of electricity, heat and water consumption, management system, CO2 emissions, waste, procurement of office materials and paper, employees, biodiversity and business trips.

The annual report covers the combined management report of the DKB Group and DKB AG for the 2023 financial year.

The remuneration report summarizes the remuneration systems valid for the 2021 financial year for all employees and in particular for employees whose activities have a significant influence on the overall risk profile of DKB AG or the DKB Group (risk takers), as well as the remuneration system of the members of the Board of Management.

In the Disclosure Report, we disclose the qualitative and quantitative information required annually in accordance with the Capital Requirements Regulation (CRR).

The declaration on the Disclosure Regulation 2019/2088 can be accessed here.

We issue Green and Social Bonds. Detailed information can be found here. The Impact & Allocation Report measures the sustainable impact of projects refinanced with the help of our Green and Social Bonds.

ISS ESG assesses the sustainability performance of a company based on around 100 industry-specific criteria. In 2022, DKB received a B- rating from ISS ESG for the eighth time in a row, the highest grade awarded by the rating agency from over 270 banks in the "Financials/Public & Regional Banks" sector worldwide. As in the previous year, this corresponds to Prime Status, Decile Rank 1 and an industry leader classification.

Based on a robust materiality framework, Sustainalytics' ESG risk ratings provide a quantitative and absolute measure of unmanaged ESG risks. Sustainalytics assesses the overall risk for DKB as medium. This depends on the sub-sector. DKB has an overall low risk, as material ESG issues are addressed and thus strong ESG risk management is in place. DKB is among the top 11 % in the peer group of 440 banks.

Sustainable Fitch's assessment of ESG factors is based on an analysis of actions, results, impacts and activities, in addition to the general principles and commitments. DKB received a score of 2 in the Corporate Assessment category, a score of 1 for the Green Bond Framework and a score of 2 for the Social Bond Framework on a scale of 1 to 5, with 1 being the best score.

The information in BayernLB's combined management report relates to the BayernLB Group as a whole.

The guiding principles for transformation are a transparent framework for BayernLB and its subsidiaries in which we bundle, update and publish our stance on important challenges of our time, our existing self-image and values, general ethical, environmental and social standards and policies on sensitive topics and sectors.

The BayernLB sustainability and environmental policy applies to its subsidiaries, including DKB AG as a subgroup.