DZ BankGermany
Created before Nov 2016
Last update: 2019-05-09 12:53:15
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About DZ Bank

DZ Bank is the thirth largest bank in Germany by assets, and acts as the central banking institution for more than 900 cooperative banks. It is part of the Volksbanken Raiffeisenbanken co-operative network, one of Germany's largest private sector financial institutions. In this network DZ Bank functions as a central institution. The DZ Bank Group includes DVB Bank, a transportation finance bank; Bausparkasse Schwäbisch Hall, a building society; DG HYP, a provider of 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. In January 2013 DZ Bank signed up to the Equator Principles, and is profiled as part of BankTrack's Equator Principles Track and Chase project.

Website http://www.dzbank.com/
Headquarters
Platz der Republik
60265 Frankfurt am Main Hessen
Germany
CEO/chair Uwe Fröhlich and Cornelius Riese
co-CEOs
Supervisor
Federal Financial Supervisory Authority (BaFin)
Annual report Annual report 2018
Ownership

At the end of 2017, 94.4 percent of shares were held by local cooperative banks.

Related Dodgy Deals

DZ Bank has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Projects - active profiles

ABK Cesme Wind Turkey profile

energy plants - wind
Debt – project finance
Nordex stated in letter to German Bundesministerium fur Wirtschaft und Energy in Oct 2015 that "in the specific case of Cesme project, finance is being provided by DZ Bank."
source: Nordex SE
link
There are no active projects for DZ Bank now.

Projects - on record profiles

Kashagan oil project Kazakhstan profile

oil and gas
Debt – corporate loan
September 2007
KazMunaiGaz paid loan early in October 2008

Mining in Goa/ Sesa Goa India profile

mining - non coal
Debt – corporate loan
USD 25 million
April 2007

Companies - active profiles

APRIL Indonesia profile

forestry - pulp and paper
Debt – corporate loan
USD 835 million
24 December 2018
syndicated loan
source: Source: Thomson Reuters Eikon

CEZ Group Czech Republic profile

energy plants - coal | energy plants - nuclear | mining - coal
Equity – share owner/manager
EUR 4 million
2016 - 2018
source: Fool's Gold: The financial institutions bankrolling Europe's most coal-dependent utilities
link

RWE Germany profile

energy plants - coal | energy plants - nuclear | mining - coal
Debt – corporate loan
USD 245 million
2014 - 2017
source: BankTrack Coal Developers Report 2017
link
Debt – corporate loan
EUR 144.3 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014
Uncategorised
EUR 55.4 million
2005 - 2013
shares/bonds underwriter or manager
source: Banks and Coal Spreadsheet, Profundo, 2014
Debt – corporate loan
EUR 6.2 million
revolving credit
source: Thomson ONE database.

Vale Brazil profile

mining - coal | mining - non coal
Debt – corporate loan
USD 3 billion
May 2015 - May 2020
Co-financed USD 3 billion credit facility
source: Vale press release
link

Wilmar International Singapore profile

agriculture - palm oil
Debt – corporate loan
USD 19 million
2017
Revolving credit facility
source: Forests and Finance Database
link
There are no active companies for DZ Bank now.

Companies - on record profiles

Anglo American United Kingdom profile

mining - coal | mining - non coal
Uncategorised
EUR 55 million
November 2013
shares/bonds underwriter or manager
source: link

Areva France profile

energy plants - nuclear | energy plants - renewables | mining - non coal | nuclear industry
Uncategorised
EUR 8 million
November 2013
shares/bonds underwriter or manager
source: link

Glencore Switzerland profile

mining - coal
Debt – corporate loan
EUR 112.8 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014

National Thermal Power Corporation (NTPC) India profile

energy plants - coal | energy plants - hydro | energy plants - renewables | manufacturing | mining - coal
Debt – corporate loan
EUR 3.4 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014
Debt – corporate loan
source: Euroweek - Issue: 972; Asian Development Bank, Manilla, 25 October 2006; Thomson ONE database.

Rio Tinto Australia profile

mining - coal | mining - non coal | nuclear industry
Uncategorised
EUR 76 million
November 2013
shares/bonds underwriter or manager
source: link

SUEK Russian Federation profile

mining - coal
Debt – corporate loan
EUR 24.5 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014

Vedanta Resources United Kingdom profile

mining - non coal
Debt – corporate loan
USD 25 million
April 2007

Dodgy Deals map

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News

| |
Type:
Year:
blog
external news
our news

Massive forest fires and haze in Indonesia create public health and climate crisis

2019-09-19 | Environmental Paper Network
blog
external news
our news

Every two weeks a bank, insurer or lender announces new coal restrictions

Major financial institutions restricting coal funding tops 100
2019-02-27 | IEEFA

Documents

| | | | | | | | | | | |
Type:
Year:
ngo documents

Deutsche Banken spielen mit dem Feuer

2019-09-30 00:00:00 | Facing Finance
ngo documents

Fool's Gold

The financial institutions bankrolling Europe’s most coal-dependent utilities
2019-05-21 00:00:00 | Europe Beyond Coal
csr policies

Human rights policy

Date listed represents date as accessed on website
2019-05-09 00:00:00 | DZ Bank
csr policies

Climate strategy

Date listed represents date as accessed on website
2019-05-09 00:00:00 | DZ Bank
csr policies

Supplier management

Date listed represents date as accessed on website
2019-05-09 00:00:00 | DZ Bank
csr policies

Rejection criteria for lending

Date listed represents date as accessed on website
2019-05-09 00:00:00 | DZ Bank
annual reports

Annual report 2018

2019-05-08 00:00:00 | DZ Bank
correspondence

Letter from Civil Society Groups to Companies linked to Vale on Breakdown of Brumadinho tailings dam

2019-02-21 00:00:00 | Civil Society Groups
csr policies

Sustainable lending policy

2018-06-06 00:00:00 | DZ Bank
annual reports

Annual report 2017

2018-05-01 00:00:00 | DZ Bank
annual reports

Annual Report 2016

2017-06-23 00:00:00 | DZ Bank Group
csr policies

Code of conduct

2017-05-31 00:00:00 | DZ Bank
annual reports

Sustainability report 2016

2017-05-01 00:00:00 | DZ Bank
annual reports

Sustainability Report 2015

2016-07-22 00:00:00 | DZ Bank Group
annual reports

Annual Report 2015

Rethinking Banking
2016-06-15 00:00:00 | DZ Bank Group
annual reports

Sustainability Report 2014

2015-08-24 00:00:00 | DZ Bank Group
annual reports

Annual Report 2014

Helping shape the future
2015-04-29 00:00:00 | DZ Bank Group

Links

DZ Bank's webpage on corporate social responsibility

https://www.wertewelt.dzbank.de/content/wertewelt/en/home/reports_und_downloads.html

Policies

Voluntary initiatives

DZ Bank has committed itself to the following voluntary standards:

Investment policies

DZ Bank's webpage on corporate social responsibility can be accessed here.

Year:
csr policies

Human rights policy

Date listed represents date as accessed on website
2019-05-09 00:00:00 | DZ Bank
csr policies

Climate strategy

Date listed represents date as accessed on website
2019-05-09 00:00:00 | DZ Bank
csr policies

Supplier management

Date listed represents date as accessed on website
2019-05-09 00:00:00 | DZ Bank
csr policies

Rejection criteria for lending

Date listed represents date as accessed on website
2019-05-09 00:00:00 | DZ Bank
csr policies

Sustainable lending policy

2018-06-06 00:00:00 | DZ Bank
csr policies

Code of conduct

2017-05-31 00:00:00 | DZ Bank

Campaigns

DZ Bank and the Equator Principles

The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.

The Equator Principles exist already since 2003. DZ Bank adopted the Equator Principles in 2013.

Reporting on the Equator Principles

DZ Bank must report annually on its implementation of the Equator Principles. All information is supposed to be found here.

Dodgy Deals

DZ Bank is involved in financing the following Equator Principles projects that BankTrack considers controversial.

There are no projects active for DZ Bank now.
On record

Kashagan oil project Kazakhstan

oil and gas

Equator Principles

Implementation and reporting

DZ Bank is reporting on the implementation here.

Contact and complaints

Equator Principles Dodgy Deals

Projects

On record

Kashagan oil project Kazakhstan

oil and gas

Good moves

Year: