DZ Bank Germany
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DZ Bank Germany Active This profile is actively maintained Send feedback on this profile Created before Nov 2016 Last update: Feb 9 2021 About DZ Bank DZ Bank is the thirth largest bank in Germany by assets, and acts as the central banking institution for more than 900 cooperative banks. It is part of the Volksbanken Raiffeisenbanken co-operative network, one of Germany's largest private sector financial institutions. In this network DZ Bank functions as a central institution. The DZ Bank Group includes DVB Bank, a transportation finance bank; Bausparkasse Schwäbisch Hall, a building society; DG HYP, a provider of real estate finance; DZ PRIVATBANK Gruppe; R+V Versicherung, an insurance company; TeamBank, a provider of consumer finance; Union Investment Group, an asset management company; VR LEASING; and other institutions. In January 2013 DZ Bank signed up to the Equator Principles, and is profiled as part of BankTrack's Tracking the Equator Principles campaign. Website http://www.dzbank.com/ Headquarters Platz der Republik 60265 Frankfurt am Main Hessen Germany CEO/chair Uwe Fröhlich and Cornelius Riese co-CEOs Supervisor Federal Financial Supervisory Authority (BaFin) Annual report Annual report 2019 Ownership At the end of 2019, 94.7 percent of shares were held by local cooperative banks. Complaints DZ Bank's Guiding Principles for Complaints can be found here. and grievances Sustainability Voluntary standards DZ Bank has committed itself to the following voluntary standards: Carbon Disclosure Project Equator Principles German Sustainability Code Global Reporting Initiative Principles for Responsible Banking (PRB) United Nations Global Compact Investment policies DZ Bank's webpage on corporate social responsibility can be accessed here. Sustainable lending policy Mar 15 2021 | DZ Bank Climate Position Paper Apr 1 2020 | DZ Bank Code of Conduct Jun 2 2019 | DZ Bank Human rights policy Date listed represents date as accessed on website May 9 2019 | DZ Bank Climate strategy Date listed represents date as accessed on website May 9 2019 | DZ Bank Supplier management Date listed represents date as accessed on website May 9 2019 | DZ Bank Rejection criteria for lending Date listed represents date as accessed on website May 9 2019 | DZ Bank BankTrack campaigns and DZ Bank Equator Principles Implementation and reporting The Equator Principles require that adopting banks publicly report on the implementation of the principles. You can find the reporting requirements for EPFIs here. DZ Bank is reporting on the implementation here. Contact and complaints The Equator Principles currently lack a formal complaints mechanism. Should you have any concerns or complaints about how the Equator Principles are being applied in a specific project in which DZ Bank is also involved, please get in touch with our Equator Principles team. Equator Principles Dodgy Deals BankTrack is monitoring the following Equator Principles projects that are co-financed by DZ Bank -note that some files may be on record, no longer updated-: Projects Kashagan oil project Kazakhstan Oil and Gas Extraction on record Good moves Related Dodgy Deals DZ Bank 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 Vega Energy Çeşme Wind project Turkey active Wind Electric Power Generation Kashagan oil project Kazakhstan on record Oil and Gas Extraction Mining in Goa/ Sesa Goa India on record Mining Companies Wilmar International Singapore active Agriculture for Palm Oil APRIL Indonesia active Pulp, Paper and Paperboard Mills TotalEnergies France active Gas Electric Power Generation | Oil and Gas Extraction | Pipeline Transportation of Crude Oil | Pipeline Transportation of Natural Gas RWE Germany on record Biomass Electric Power Generation | Coal Electric Power Generation | Coal Mining | Commodities Trading | Nuclear Electric Power Generation | Solar Electric Power Generation | Wind Electric Power Generation Rio Tinto Australia on record Coal Mining | Mining | Nuclear Electric Power Generation Orano France on record Mining | Nuclear Electric Power Generation National Thermal Power Corporation (NTPC) India on record Coal Electric Power Generation | Coal Mining | Hydroelectric Power Generation | Wind Electric Power Generation Vedanta Resources United Kingdom on record Mining Anglo American United Kingdom on record Coal Mining | Mining Glencore Switzerland on record Coal Mining Vale Brazil on record Coal Mining | Mining CEZ Group Czech Republic on record Coal Electric Power Generation | Coal Mining | Nuclear Electric Power Generation Bunge United States on record Agriculture for Food Crops | Agriculture for Palm Oil.