Active
This profile is actively maintainedCreated before Nov 2016
Last update: 2022-05-10 12:31:45
Send feedback on this profile
Download as PDF
Share this page:



About GLS Bank
GLS Bank (full name GLS Gemeinschaftsbank eG) is a German ethical bank that was founded in 1974 as an anthroposophical initiative by Wilhelm Ernst Barkhoff and Gisela Reuther. It was the first bank in Germany that operated with an ethical philosophy. The bank focusses on cultural, social and ecological initiatives, initiated by people, and not anonymous interests seeking capital or maximum profit.
Website | http://www.gls.de |
Headquarters |
Christstraße 9
44789 Bochum
Germany
|
CEO/chair |
Thomas Jorberg CEO |
Supervisor | |
Annual report | CSR Report 2020 |
Ownership |
GLS Bank has a co-operative structure. |
Complaints and grievances |
Policy Assessments
Banks and Climate
Bank net zero commitments
This table tracks the net zero pledges and commitments of banks. It shows whether banks have committed to net zero by 2050 and have set an interim emissions reduction goal for 2025 and/or 2030. It also notes banks that have not yet set targets but have pledged to do so in the future, including by joining the Collective Commitment to Climate Action or Net Zero Banking Alliance. Finally, it notes whether banks have (pledged to) set Science-Based Targets. More information and references can be found by expanding the 'details' section of each bank.
- A blue check mark means the bank has set a target or joined the alliance. A check mark does not mean that the target set by the bank meets any particular standard, just that is has set a target. In case we have identified short comings in the target, for example when it only applies to lending and not underwriting), this is noted in the 'details' section.
- An orange dash means a bank has pledged to set a target (for example, banks commit to set 2030 and 2050 targets when they join the NZBA), but have not yet actually done so.
Abbreviations:
CCCA = Collective Commitment to Climate Action
NZBA = Net Zero Banking Alliance
SBT = Science-Based Targets
News
Documents
Links
Policies
Voluntary standards
GLS Bank has committed itself to the following voluntary standards:- Klimaschutz-Selbstverpflichtung des Finanzsektors
- Collective Commitment to Climate Action (CCCA)
- Global Alliance for Banking on Values
- Global Reporting Initiative
- Net-Zero Banking Alliance (NZBA)
- Paris Pledge for Action
- Partnership for Carbon Accounting Financials (PCAF)
- Principles for Responsible Banking (PRB)
- Principles for Responsible Investment (PRI)
- Principles of Sustainable Banking
Investment policies
GLS Bank's webpage on corporate social responsibility can be accessed here.