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Created before Nov 2016
Last update: 2017-06-23 14:01:31
Karen Vermeer, BankTrack
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DekaBank Deutsche Girozentrale (DekaBank) was founded in 1918, and is called the Wertpapierhaus (provider of asset management and capital markets solutions) of the Sparkassen-Finanzgruppe (German savings banks finance group). The Sparkassen-Finanzgruppe is one of the three pillars of the German banking system.
DekaBank is a German public institution with registered offices in Frankfurt a. M. and Berlin. Together with its subsidiaries it forms the Deka Group. The group provides securities services for savings banks in Germany, Luxembourg, and internationally, and is active in the business areas of capital market asset management, real estate asset management as well as corporate & markets.
DekaBank became an Equator Principles signatory in 2011, and is profiled as part of BankTrack's Equator Principles Track and Chase project.
Mainzer Landstraße 16
60325 Frankfurt am Main
Michael Rüdiger |
Annual Report 2016|
Sustainability Report 2016
See here for an overview of DekaBank's shareholders.
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Voluntary initiativesDekaBank has committed itself to the following voluntary standards:
DekaBank has signed the German Sustainability Code in December 2013 (Der Deutsche Nachhaltigkeitskodex). The investment funds managed by DekaBank do not invest in companies which manufacture or sell anti-personnel mines and cluster munitions as a principle. They also state that they have decided not to launch any products which reflect the price trend of staple foods.
See here for DekaBank's sustainability webpage.
DekaBank 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. DekaBank adopted the Equator Principles in 2011.
Reporting on the Equator Principles
DekaBank must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
Implementation and reporting
DekaBank is reporting on the implementation here.