sign on form

Stay up to date

Sign up now for all our news
in one monthly digest

DZ Bank Germany pdf

Main
Basics
Policies
EPs
Dodgy deals
Companies
Deals map
News
Documents
Westendstraße 1, Frankfurt, the headquarters of DZ Bank. Image source: DZ Bank
about DZ Bank

DZ Bank (Deutsche Zentral-Genossenschaftbank) is the fourth largest bank in Germany by asset size, and acts as the central banking institution for more than 900 cooperative banks. It forms part of the Volksbanken Raiffeisenbanken Co-operative financial network, one of Germany's largest private sector financial service organisations.

The DZ Bank Group includes DVB Bank, a transportation finance bank; Bausparkasse Schwäbisch Hall, a building society; DG HYP, a provider of commercial real estate finance; DZ PRIVATBANK Gruppe; R+V Versicherung, an insurance company; TeamBank, a provider of consumer finance; Union Investment Group, an asset management company; VR LEASING; and other institutions. The total assets of DZ Bank Group were EUR 402.5 billion as at December 31, 2014. 

On 1 January 2013 DZ BANK AG signed up to the Equator Principles.


ownership

At the end of 2014, 93.1 percent of shares were held by cooperative enterprises, including cooperative banks, cooperative central institutions and others. 


image
headquarters
Platz der Republik
60265 Frankfurt am Main
Germany
Home markets (Retail)
Germany
CEO/chair
Wolfgang Kirsch
Chief Executive Officer
annual reports
Annual Report 2015
 
banktrack contact

Johan Frijns, BankTrack 

voluntary initiatives:

investment policies of DZ Bank

DZ Bank does not have any publicly available policies relating to sustainable investment. 

It's website includes a section on Sustainable Lending, which states: "In our lending opera­tions, we systematically assess all loan applications (conventional loans, project finance, and customer-specific trading limits) against relevant sustainability criteria as part of the credit check process. To this end, DZ BANK has developed a uniform bank-wide procedure based on a comprehensive sustainability checklist and sector-specific principles. (...) DZ BANK's sustainability checklist, which has been in use since 2009, is based on the ten principles of the United Nations Global Compact and the Equator Principles (SR 24). We use the list to assess all the factors relevant to a loan that may affect ecological or social risk. The assessments conducted by our experts look at business partners, customers, suppliers, sector, commercial focus, and other aspects."

For the assessment of loan applications from sensitive industries, DZ BANK uses what are known as sectoral rules in addition to the sustainability check.  This has led DZ Bank to (as of spring 2013) no longer offer products based on agricultural commodities. The bank has certain exclusion criteria, for a more extensive explanation of these exclusion criteria go here.

  • Weaponry
  • Significant environmental offences
  • Prostitution
  • Gambling
  • Significant human rights abuses

equator principles
DZ Bank has adopted the Equator Principles. For more information on how DZ Bank implements the Equator Principles go to the Equator page of DZ Bank.

additional information

DZ Bank conformed to the German Sustainability Code in the fall of 2013. The German Sustainability Code makes the sustainability performance of companies visible in a database, transparent and comparable on a more binding basis.

image
headquarters
Platz der Republik
60265 Frankfurt am Main
Germany
Home markets (Retail)
Germany
CEO/chair
Wolfgang Kirsch
Chief Executive Officer
annual reports
Annual Report 2015
 
banktrack contact

Johan Frijns, BankTrack 

DZ Bank and the Equator Principles

Implementation and reporting

DZ Bank is reporting on the implementation here.


Contact and complaints

Equator Principles dodgy deals
dodgy deals on record
Kashagan oil project
Kazakhstan
An offshore oil project in the north Caspian Sea, Kashagan is part of the North Caspian Sea Production Sharing Agreement (PSA), a 40-year contract that was signed in 1997…

image
headquarters
Platz der Republik
60265 Frankfurt am Main
Germany
Home markets (Retail)
Germany
CEO/chair
Wolfgang Kirsch
Chief Executive Officer
annual reports
Annual Report 2015
 
banktrack contact

Johan Frijns, BankTrack 

check dodgy deals on record
image
headquarters
Platz der Republik
60265 Frankfurt am Main
Germany
Home markets (Retail)
Germany
CEO/chair
Wolfgang Kirsch
Chief Executive Officer
annual reports
Annual Report 2015
 
banktrack contact

Johan Frijns, BankTrack 

BankTrack member Facing Finance has additional information on DZ Bank's harmful investments here.

Anglo American
United Kingdom
Anglo American is a British multinational mining company headquartered in London, United Kingdom. It is the world's largest producer of platinum, with around 40% of world…
Areva
France
Created in 2001 and 90% owned by the French state, this multinational conglomerate boasts of interests in every aspect of nuclear power from uranium mining to nuclear fuel…
Enel
Italy
Enel is Italy's largest power company and Europe's second largest according to its generating capacity. Its interests stretch beyond Italy to 40 countries on four continents.…
Glencore
Switzerland
Glencore plc (formerly Glencore Xstrata) is an Anglo-Swiss multinational commodity trading and mining company. The company was created through a merger of Glencore with Xstrata…
National Thermal Power Corporation (NTPC)
India
National Thermal Power Corporation is the largest electricity producer in India. In 2014, its total installed capacity was of 42,964 MW (including 5,974 MW through Joint…
Rio Tinto
Australia
Rio Tinto is a mining and exploration company involved in each stage of metal and mineral production and processing. Rio Tinto is one of the largest publicly listed mining…
RWE
Germany
RWE is Europe's second largest electricity generator and one of Europe's five leading gas and electricity companies. Founded in 1898, the company is active in the generation,…
check company profiles on record
image
headquarters
Platz der Republik
60265 Frankfurt am Main
Germany
Home markets (Retail)
Germany
CEO/chair
Wolfgang Kirsch
Chief Executive Officer
annual reports
Annual Report 2015
 
banktrack contact

Johan Frijns, BankTrack 


 = dodgy deal
 = company profile
image
headquarters
Platz der Republik
60265 Frankfurt am Main
Germany
Home markets (Retail)
Germany
CEO/chair
Wolfgang Kirsch
Chief Executive Officer
annual reports
Annual Report 2015
 
banktrack contact

Johan Frijns, BankTrack 

2013
image
headquarters
Platz der Republik
60265 Frankfurt am Main
Germany
Home markets (Retail)
Germany
CEO/chair
Wolfgang Kirsch
Chief Executive Officer
annual reports
Annual Report 2015
 
banktrack contact

Johan Frijns, BankTrack 

image
headquarters
Platz der Republik
60265 Frankfurt am Main
Germany
Home markets (Retail)
Germany
CEO/chair
Wolfgang Kirsch
Chief Executive Officer
annual reports
Annual Report 2015
 
banktrack contact

Johan Frijns, BankTrack 

Login

Good login. Redirecting to
'My Banktrack'.
Wrong login. Click here to request your password.
An email has been sent with your login!
Request password
This email is unknown.
<< Back
Search
Please provide one or more search terms

Join our mailinglist

Get all our latest news releases delivered straight to your inbox - or get our News Digest once a month

banktrack tweets
RT @rjkennerley: The rise and fall of fracking in Europe https://t.co/zbcAsarZPV
Sep 30, 2016
RT @bruneski: Pipelines, power plants, refineries - check out this map of environmental threats posed by TPP and TTIP https://t.co/Q57Hkmxb
Sep 30, 2016
contact
route
Vismarkt 15
6511 VJ Nijmegen
Netherlands


contact@banktrack.org
Contact us