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LBBWGermany

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This profile is actively maintained
Last update: 2022-06-10 14:52:42
LBBW's head office in Stuttgart. Photo: Andreas Praefcke via Wikimedia Commons (CC BY SA 3.0)

Active

This profile is actively maintained
Last update: 2022-06-10 14:52:42
About
Website https://www.lbbw.de/
Headquarters
Am Hauptbahnhof 2
70173 Stuttgart
Germany
CEO/chair Rainer Neske
Chairman of the Board of Managing Directors
Supervisor
Bundesbank
Ownership
listed on Frankfurt Stock Exchange

LBBW is a legally independent institution under public law. The following institutions have a share in the nominal capital of LBBW:
- the SVBW (40.534 %);
- the federal state of Baden-Wurtemberg (24.988 %);
- the state capital of Stuttgart (18.932 %);
- the Landesbeteiligungen Baden-Wurtemberg (15.546 %).

Landesbank Baden-Württemberg (LBBW) is a parent company of three commercial banks and the Landesbank for some Federal States of Germany. It was fouded in 1999. LBBW is a full-service and commercial bank and central bank for savings banks in Baden-Württemberg, Rhineland-Palatinate and Saxony. The bank focuses on industrial technologies, information technology, software, telecommunication, innovative services and life science. It prefers to invest in Southern Germany, but also considers investments within Germany, Austria and Switzerland.

Sustainability
Policies
Voluntary standards

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

 

Nachhaltigkeitsregelungen

Bank policy
2021-07-31 00:00:00 | LBBW

Statement on UK Modern slavery act

Bank policy
2020-06-02 00:00:00 | LBBW

Sustainability Practices

Bank policy
2019-03-01 00:00:00 | LBBW

Prinzipien und Richtlinien fur die Umsetzung der LBBW-Nachhaltigkeitspolitik und -Ziele

Bank policy
2016-12-20 00:00:00 | LBBW
LBBW has committed itself to the following voluntary standards:
Klimaschutz-Selbstverpflichtung des FinanzsektorsTags: climate change | corporate social responsibility | finance
Carbon Disclosure ProjectTags: carbon | climate change | greenhouse gas emissions
Global Reporting InitiativeTags: sustainable development | human rights
GRI Financial Services Sector SupplementTags: transparency | finance
Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards
Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations
UNEP Finance InitiativeTags: United Nations | sustainable development
United Nations Global CompactTags: United Nations | human rights
Dodgy Deals

LBBW 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 LBBW's link to these deals.

News
Resources
Documents
Accountability

This page evaluates LBBW'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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