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KfW IPEX-BankGermany

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This profile is actively maintained
Last update: 2023-05-12 11:58:51
KfW-IPEX-Bank Head quarters in Frankfurt. Photo: Via Wikimedia (CC BY-SA 3.0)

Active

This profile is actively maintained
Last update: 2023-05-12 11:58:51
About
Website https://www.kfw-ipex-bank.de/International-financing/KfW-IPEX-Bank/
Headquarters
Palmengartenstrasse 5-9
60325 Frankfurt am Main
Germany
CEO/chair Belgin Rudack
CEO
Supervisor
Bundesbank
Ownership

KfW IPEX is a wholly owned subsidiary of KfW Bankengruppe.

KfW IPEX-Bank is a subsidiary of the KfW banking group, and is responsible for international project- and export finance. The bank competes directly with commercial banks, and is therefore legally independent from the KfW banking group since January 2008. KfW IPEX-Bank's provides medium to long-term financing solutions and finances ships, aircraft, railroad vehicles, and finances investments in the expansion of airports and seaports.

Sustainability
Commitments
Policies
Voluntary standards

KfW IPEX-Bank's most important sustainability commitments can be found at the website sections listed below.

Links

Environmental and social impact assessments

Sustainability

Policy statement on human rights

Bank policy
2023-04-04 00:00:00 | KfW IPEX-Bank

Sustainability Guideline Assessment and management of Environmental, Social, and Climate Aspects: Principles and Procedures

Bank policy
2022-02-28 00:00:00 | KfW Development Bank

Nachhaltigkeitsrichtlinie

Bank policy
2020-10-31 00:00:00 | KfW IPEX-Bank

Sustainability guideline

Bank policy
2020-10-31 00:00:00 | KfW IPEX-Bank

Environmental and Social Impact Assessment

Bank policy
2019-11-30 00:00:00 | KfW IPEX-Bank

Group sustainability mission statement and sustainability action areas

Bank policy
2019-07-18 00:00:00 | KfW IPEX-Bank

Exclusion list

Bank policy
2019-07-01 00:00:00 | KfW IPEX-Bank

Modern Slavery Act Statement

Bank policy
2018-06-28 00:00:00 | KfW IPEX-Bank

The anti-money laundering questionnaire

Bank policy
2018-05-01 00:00:00 | KfW IPEX-Bank

KFW statement on environmental protection and sustainable development

Bank policy
2013-05-14 00:00:00 | KfW Group

Environmental and Social Principles

Bank policy
2010-06-02 00:00:00 | KfW Group

Statement on environmental protection and sustainable development

Bank policy
2010-06-02 00:00:00 | KFW Group

Code of conduct

Bank policy
2010-05-17 00:00:00 | KfW IPEX-Bank
KfW IPEX-Bank has committed itself to the following voluntary standards:
Carbon Disclosure ProjectTags: carbon | climate change | greenhouse gas emissions
Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development
Extractive Industries Transparency InitiativeTags: oil and gas | mining and processing | transparency
Global Reporting InitiativeTags: sustainable development | human rights
Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations
Taskforce on Nature-related Financial Disclosures (TNFD)Tags: corporate social responsibility | finance
UN Guiding Principles on Business and Human RightsTags: United Nations | human rights
UNEP Finance InitiativeTags: United Nations | sustainable development
Dodgy Deals

KfW IPEX-Bank is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of KfW IPEX-Bank's link to these deals.

Projects / Companies
Finance type
Year
News
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

Equator Banks involved in financing at least 200 fossil fuel projects since Paris

BankTrack research sheds new light on finance for fossil fuels by Equator banks
2021-10-26 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Equator Banks fail communities on consultation and grievance mechanisms, new study finds

BankTrack research into nine projects financed ‘under Equator’ finds routine failures to conduct proper community consultation and a lack of effective project-level grievance mechanisms
2020-11-24 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Equator Principles requirements missing for most projects, finds new BankTrack study

Research into 37 projects financed 'under Equator' finds project-level grievance mechanisms or stakeholder engagement processes cannot be evidenced in 65% of cases
2020-08-11 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Gunvor joins other commodity players with sustainability-linked loan led by ING

Participating banks in the Gunvor facility include ABN Amro, CA Indosuez, Credit Suisse, DBS Bank, KfW Ipex-Bank, Mizuho, MUFG Bank, Nedbank, Rabobank, Raiffeisen, Société Générale, Sumitomo Mitsui Trust Bank and UniCredit.
2018-10-17 | Global Trade Review
Blog
BankTrack news BankTrack blog Partner news Partner blog

Europe’s biggest banks register €25 billion profit in tax havens

2017-03-27 | Fair Finance International, Oxfam
BankTrack news BankTrack blog Partner news Partner blog

Equator Principles goes beyond project finance, improves transparency

2012-08-13 | Environmental Finance
BankTrack news BankTrack blog Partner news Partner blog

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

2011-10-25 | Washington | prizmablog.com
BankTrack news BankTrack blog Partner news Partner blog

Time to Improve the Equator Principles, BankTrack Says

BankTrack quoted
2011-10-24 | Washington | Social Funds
BankTrack news BankTrack blog Partner news Partner blog

BankTrack to Equator Principles banks; ‘get the Outside Job done’

Equator Principles update must lead to new Principles focused on people and planet
2011-10-23 | Washington | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Financiers search for sustainable future

BankTrack quoted
2011-10-20 | Washington | Environmental Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

New rules for Equator Principles, but no new commitments from banks

New governance rules represent missed chance for Equator Principles to take bold steps forward on transparency and accountability
2010-07-01 | Nijmegen, the Netherlands | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

German bank finances giant wind power project in breach of Saami rights

2010-04-16 | Sweden
Blog
BankTrack news BankTrack blog Partner news Partner blog

Equator Principles: Action, not words needed

BankTrack calls upon Citi, new chair of Equator Principles to take bold steps forward
2010-03-15 | Nijmegen, The Netherlands | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Civil society groups call for bold steps forward with Equator Principles

Major reforms needed on transparency, accountability, implementation and climate change
2010-01-14 | Nijmegen | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Another milestone in the rollout of the MARKBYGDEN project reached

2010-01-11 | Germany | Enercon
BankTrack news BankTrack blog Partner news Partner blog

Press Release: Financing of DRAGALIDEN wind farm secured

2009-12-17 | Nieuwsbank.nl
Resources
Documents
Links

Annual report 2022

Annual report
2023-05-12 00:00:00 | KfW IPEX-Bank

CSR report 2022

Annual report
2023-05-12 00:00:00 | KfW IPEX-Bank

Policy statement on human rights

Bank policy
2023-04-04 00:00:00 | KfW IPEX-Bank

Annual report 2021

Annual report
2022-05-06 00:00:00 | KfW IPEX-Bank

Sustainability Guideline Assessment and management of Environmental, Social, and Climate Aspects: Principles and Procedures

Bank policy
2022-02-28 00:00:00 | KfW Development Bank

Annual report 2020

Annual report
2021-05-20 00:00:00 | KfW IPEX-Bank

"Trust Us, We're Equator Banks": Part II

BankTrack publication
2020-11-24 00:00:00 | BankTrack

Nachhaltigkeitsrichtlinie

Bank policy
2020-10-31 00:00:00 | KfW IPEX-Bank

Sustainability guideline

Bank policy
2020-10-31 00:00:00 | KfW IPEX-Bank

Annual report 2019

Annual report
2020-07-06 00:00:00 | KfW IPEX-Bank

Environmental and Social Impact Assessment

Bank policy
2019-11-30 00:00:00 | KfW IPEX-Bank

Group sustainability mission statement and sustainability action areas

Bank policy
2019-07-18 00:00:00 | KfW IPEX-Bank

Exclusion list

Bank policy
2019-07-01 00:00:00 | KfW IPEX-Bank

Annual report 2018

Annual report
2019-06-30 00:00:00 | KfW IPEX-Bank

Modern Slavery Act Statement

Bank policy
2018-06-28 00:00:00 | KfW IPEX-Bank

The anti-money laundering questionnaire

Bank policy
2018-05-01 00:00:00 | KfW IPEX-Bank

Annual report 2017

Annual report
2018-03-31 00:00:00 | KfW IPEX-Bank

Annual Report 2016

Annual report
2017-06-01 00:00:00 | KfW IPEX-Bank

Corporate Governance Report 2015

Annual report
2016-07-25 00:00:00 | Kfw IPEX-Bank

Sustainability Report 2015

Annual report
2016-07-25 00:00:00 | KfW Bankengruppe

Annual Report 2015

Annual report
2016-07-25 00:00:00 | KfW IPEX-Bank

Annual Report 2014

Annual report
2014-12-31 00:00:00 | Kfw IPEX-Bank

Annual Report 2013

Annual report
2013-12-31 00:00:00 | Kfw IPEX-Bank

Sustainability Report 2012

Our responsibility
Annual report
2013-05-14 00:00:00 | KfW Bankengruppe

KFW statement on environmental protection and sustainable development

Bank policy
2013-05-14 00:00:00 | KfW Group

Coal financing - what the KfW prefers to keep under wraps

NGO document
2012-08-01 00:00:00 | urgewald

German banks involved in the export of tanks to Saudi Arabia

A research paper prepared for Facing Finance, 22nd July 2011
NGO document
2011-07-22 00:00:00 | Profundo, Facing Finance

Letter from BankTrack to EPFIs on issues around Equator Principles Review process

Correspondence
2010-12-18 00:00:00 | Banktrack

Environmental and Social Principles

Bank policy
2010-06-02 00:00:00 | KfW Group

Statement on environmental protection and sustainable development

Bank policy
2010-06-02 00:00:00 | KFW Group

Code of conduct

Bank policy
2010-05-17 00:00:00 | KfW IPEX-Bank

Complaint of the Saami Council to the German OECD national Contact Point concerning the KfW-IPEX Bank financing of the Dragalid project.

Other document
2010-04-16 00:00:00 | Saami Council
Accountability
Grievances

KfW IPEX-Bank's online complaint form can be accessed here.

This page evaluates KfW IPEX-Bank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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