Operating our business in a responsible way is a value that is deeply rooted in our corporate identity. It guides our risk management approach and our actions in the different areas of sustainable banking.
DZ BANK conducts regular surveys and dialog events and has quality management procedures in place to ensure that cooperative banks, institutional clients, and corporate customers are satisfied with our service.
Through our sustainable financing products, we take account of environmental, social, and ethical criteria in our investment decisions. This enables us to promote the sustainable development of our society and a responsible use of limited resources in a targeted way.
DZ BANK is conscious of its responsibility toward its workforce, society, and the environment, and of its duty to ensure good governance. We use a uniform group-wide procedure for sustainable lending which is based on an extensive catalog of criteria.
Sustainability-related aspects of investments and product portfolios are gaining in importance as a result of growing customer demand and tightening regulation. Our DZ BANK Research team takes both expected returns and sustainability criteria into account in its analyses.
The DZ BANK Group and its position on sustainability
For some years now, the DZ BANK Group has been one of the leading financial institutions in terms of sustainability, as regularly evidenced by our performance in sustainability ratings of various rating agencies.
One in four people in Germany is a member of a cooperative organization and therefore part of the intangible cultural heritage of humanity. The power of the many is the underlying principle of our philosophy of ‘strength in numbers’.
Many local cooperative banks support sustainability-oriented projects such as social or environmental initiatives. Find out about the campaign by Raiffeisenbank Obermain Nord, a local cooperative bank that offers free bowel cancer screenings to its employees.
The Volksbanken Raiffeisenbanken cooperative financial network
The Volksbanken Raiffeisenbanken cooperative financial network is a unique group of strong finance companies. No matter what your financial plans may involve, we have an expert who can help you.
Tailored financial solutions from a single source:
A textbook example of successful cooperation
For DZ BANK as a one-stop financial services provider, cooperative banking means treating our partners as equals and forming collaborative relationships.
A humble idea becomes part of the world’s cultural heritage
In March 2018, we commemorated the 200th anniversary of the birth of Friedrich Wilhelm Raiffeisen. Through his actions and his pursuit of the cooperative principle, he was able to improve the lives and economic circumstances of people in a tangible way. In 2016, UNESCO honored the lasting impact of his idea.
Treating one another in an open, fair, and respectful way is a key prerequisite for successful long-term cooperation, which is why we at DZ BANK invest in an environment where everyone feels valued.
At DZ BANK, we care about our core values but also about the needs and wishes of the next generation. Young people who join our workforce grow with us and identify with our values. But they also help us to grow, thanks to the personal initiative and flexibility that they bring to the company.
We take responsibility for the social security of our employees. Get an overview of the payments, allowances, insurance benefits, and extra services that we provide to our staff.
Employees’ well-being and their ability to perform are closely correlated. Our employee health program covers a broad range of aspects and includes services such as mental health support for difficult phases of life, prevention courses, and attractive company sports activities. The bank supports 49 company sports groups with funds and the necessary infrastructure. Our DZ BANK Runners are a great example.
As an employer, it is important for DZ BANK to promote working conditions that are compatible with our employees’ family life. We therefore offer employees a variety of choices such as an inhouse nursery, flexible working time schemes, and extended parental leave arrangements.
At DZ BANK, the employees acting as mentors for trainees strive to give them the best possible start to their career. And under a reverse mentoring scheme, managers benefit from the skills of their younger, more tech-savvy co-workers.
DZ BANK takes its responsibility toward society very seriously and exercises this responsibility in a number of different ways. All of our social engagement is founded on the core cooperative principles of self-reliance, autonomy, and personal responsibility.
Corporate volunteering activities of our employees
DZ BANK supports the engagement of its employees in charitable activities through various campaigns. For example, we have been cooperating with the JOBLINGE initiative since 2013. This program helps young people from difficult backgrounds to find their way into the world of work.
Art has always played an important role at DZ BANK. The DZ BANK art collection has been making contemporary photography accessible for everyone for more than 20 years. DZ BANK also maintains partnerships with the Städel Museum for example.
DZ BANK makes charitable donations to a variety of projects, primarily in the areas of science, education, social engagement, arts, and culture. Another focus area is the promotion of Frankfurt as a business hub.
Environmental protection matters greatly to DZ BANK. We want to use natural resources as efficiently as possible in our operations and we have adopted one single climate strategy for the whole DZ BANK Group.
Die Unternehmen der DZ BANK Gruppe verpflichten sich bis spätestens 2045 klimaneutral zu sein. Ausgehend vom Basisjahr 2009 sollen zudem bis 2030 bereits 65 Prozent der Treibhausgase eingespart werden. Dieses konzernweite Mindestziel haben sich die Gruppenunternehmen in einer gemeinsamen Klimastrategie gegeben.
Ensuring the highest environmental and social standards:
Supplier management at DZ BANK
All suppliers of the DZ BANK Group must meet the wide range of requirements specified in our sustainability agreement. These requirements address human rights, the fight against corruption, equality of opportunities, environmental protection, and many other issues.
