DZ BankGermany
Created before Nov 2016
Last update: 2020-05-11 14:10:15
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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 2019
Ownership

At the end of 2019, 94.7 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

There are no active projects for DZ Bank now.

Projects - on record profiles

ABK Cesme Wind Turkey profile

Wind Electric Power Generation
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

Kashagan oil project Kazakhstan profile

Oil and Gas Extraction
Debt – corporate loan
September 2007
KazMunaiGaz paid loan early in October 2008

Mining in Goa/ Sesa Goa India profile

Mining
Debt – corporate loan
USD 25 million
April 2007

Companies - active profiles

Bunge United States profile

Agriculture for Food Crops | Agriculture for Palm Oil
Debt – corporate loan
USD 60 million
2013 - 2018
source: Complicity in Destruction II report, Amazon Watch.
link

RWE Germany profile

Coal Electric Power Generation | Coal Mining | Nuclear Electric Power Generation | Solar Electric Power Generation | Wind Electric Power Generation
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

Coal Mining | Mining
Debt – corporate loan
USD 3 billion
May 2015 - May 2020
Co-financed USD 3 billion credit facility
source: Vale press release
link
There are no active companies for DZ Bank now.

Companies - on record profiles

Anglo American United Kingdom profile

Coal Mining | Mining
Uncategorised
EUR 55 million
November 2013
shares/bonds underwriter or manager
source: link

APRIL Indonesia profile

Pulp, Paper and Paperboard Mills
Debt – corporate loan
USD 835 million
24 December 2018
syndicated loan
source: Source: Thomson Reuters Eikon

Areva France profile

Mining | Nuclear Electric Power Generation
Uncategorised
EUR 8 million
November 2013
shares/bonds underwriter or manager
source: link

CEZ Group Czech Republic profile

Coal Electric Power Generation | Coal Mining | Nuclear Electric Power Generation
Equity – share owner/manager
EUR 4 million
2016 - 2018
source: Fool's Gold: The financial institutions bankrolling Europe's most coal-dependent utilities
link

Glencore Switzerland profile

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

National Thermal Power Corporation (NTPC) India profile

Coal Electric Power Generation | Coal Mining | Hydroelectric Power Generation | Wind Electric Power Generation
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

Coal Mining | Mining | Nuclear Electric Power Generation
Uncategorised
EUR 76 million
November 2013
shares/bonds underwriter or manager
source: link

SUEK Russian Federation profile

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

Vedanta Resources United Kingdom profile

Mining
Debt – corporate loan
USD 25 million
April 2007

Wilmar International Singapore profile

Agriculture for Palm Oil
Debt – corporate loan
USD 19 million
2017
Revolving credit facility
source: Forests and Finance Database
link

Dodgy Deals map

All
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Projects
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Companies
Targets
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Active profiles
|
On record profiles

News

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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:
annual reports

Annual report 2019

2020-05-11 00:00:00 | DZ Bank
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

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 Extraction

Good moves

Year: