Bayernlb Germany

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Created before Nov 2016 Last update: May 4 2021

About BayernLB The Bayerische Landesbank is a German publicly regulated bank, founded in 1972. It is one of the eight Landesbanken. As a commercial bank, BayernLB offers financial services in private, industrial, investment and foreign business. As a state and municipal bank, BayernLB is responsible for credit and financial counsel for the state of Bavaria and its municipalities and districts. Through its subsidiaries, the bank is involved in a variety of other business areas: the Bayerische Landesbodenkreditanstalt is an organ of state housing policy, while the LBS Bayern is a public building society (Bausparkasse). Through its full ownership of the Deutsche Kreditbank, based in Berlin, BayernLB is also involved in retail banking.

Website https://www.bayernlb.com/internet/en/blb/resp/index.jsp

Headquarters Brienner Straße 18 80333 München Germany

CEO/chair Stephan Winkelmeier CEO

Supervisor Bundesbank

Annual Annual report 2020 reports CSR report 2019

Ownership BayernLB shareholders are the Free State of Bavaria (75%) and the Association of the Bavarian Savings Banks (25%). BayernLB's structure can be accessed here.

Complaints and grievances

Sustainability

Voluntary standards BayernLB has committed itself to the following voluntary standards: Carbon Disclosure Project Global Reporting Initiative Principles for Responsible Investment (PRI) UNEP Finance Initiative

Investment policies BayernLB's webpage on corporate social responsibility can be accessed here.

Sustainability standards for commercial and capital market business Date listed represents date as accessed on website May 12 2020 | BayernLB

Sustainability standards in the context of finance Date listed represents date as accessed on website May 12 2020 | BayernLB Basic sustainability standards Date listed represents date as accessed on website May 12 2020 | BayernLB

Sustainability policy Jul 13 2018 | BayernLB

Environmental policy Jul 13 2018 | BayernLB

Sustainability agreement for suppliers and external service providers Jul 13 2018 | BayernLB

Statement on modern slavery and human trafficking Jun 12 2018 | BayernLB

Code of conduct Apr 30 2018 | BayernLB

Anti-money laundering policy Jan 15 2018 | BayernLB Good moves

2017

Six banks step away from Dakota Access Pipeline (DAPL) and backers In February 2017, ABN AMRO, ING, BayernLB and Nordea all announced they would step away from financing either the project or its backers. In March, ING became the first bank to sell its portion of a project loan supporting the pipeline. This was followed by DNB and by BNP Paribas selling…

Related Dodgy Deals

BayernLB 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

There are no projects active for BayernLB now. Mochovce nuclear power plant (units 3 & 4) Slovakia on record Nuclear Electric Power Generation

Mining in Goa/ Sesa Goa India on record Mining

Dakota Access Pipeline United States on record Pipeline Transportation of Crude Oil

Companies

EDF France active Biomass Electric Power Generation | Hydroelectric Power Generation | Nuclear Electric Power Generation | Solar Electric Power Generation | Wind Electric Power Generation

Vedanta Resources United Kingdom on record Mining