Our Sustainability Approach
As Germany's oldest private bank, social responsibility has always been a fundamental aspect of our business. We have introduced numerous social initiatives both domestically and through our international branches. Currently, we are in the early stages of assessing our carbon footprint and implementing measures to reduce emissions across our operations. The creation of our Sustainability Board, a key element of our corporate governance structure, is designed to accelerate these efforts. Furthermore, we are actively developing sustainable products and solutions across all areas of the bank, ensuring responsible operations that prioritize the interests of all our stakeholders.
Initiatives on a bank-wide scale
As an international bank we always keep the longer-term social and ecological effects of our activities in mind when we conduct our business. For us, responsible corporate management means combining proactive governance with a commitment to social responsibility and reducing our carbon footprint. We pursue these principles in the interests of our clients, business partners, general partners, employees and the company itself.
Sustainable Initiatives and Collaborations
We are part of overarching initiatives on sustainable investment, such as the UN-supported Principles for Responsible Investment (PRI) and the International Corporate Governance Network (ICGN). Additionally, we support initiatives that address specific aspects of sustainable business practices, including the KnowTheChain initiative, the Access to Medicine Foundation, and the Institutional Investors Group on Climate Change (IIGCC). We also endorse the German Renewable Energy Federation (BEE) and the Renewable Energy Hamburg Cluster (EEHH), both of which advocate for the expansion and promotion of renewable energy sources.
