Rabobank

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Created before Nov 2016 Last update: Feb 23 2021

About Rabobank Group is a full-range provider based in the Netherlands, dating back to 1898 when two were formed in Utrecht and . They merged in 1972 to become the Rabobank. The is founded on cooperative principles and as such owned by its members. The bank offers financial services to consumers, private clients and business but its origin as a rural cooperative bank still reflects today in the bank being a global leader in food and agri financing and in sustainability-oriented banking.

Website http://www.rabobank.nl

Headquarters Croeselaan 18 3521 CB Utrecht Netherlands

CEO/chair Wiebe Draijer Chairman of the executive board

Supervisor

Annual report Annual report 2020

Ownership Rabobank has a cooperative structure, the bank is owned by members.

Complaints Rabobank states that individuals and communities who may be adversely affected by its finance can raise a complaint to and the bank via its Feedback or Complaints web page. grievances Stakeholders may also raise complaints via the OECD National Contact Points (see OECD Watch guidance). Advice on specific cases may also be requested from the NVB's Advisory Panel on Responsible Banking.

Sustainability

Voluntary standards Rabobank has committed itself to the following voluntary standards: Banking Environment Initiative Carbon Disclosure Project Climate Statement Dutch Banking Association (NVB) Code Banken (Dutch Banking Code) De Spitsbergen ambitie Diversity Charter Dutch Banking Sector Agreement on International Responsible Business Conduct regarding Human Rights Equator Principles Finance for Biodiversity Pledge Global Reporting Initiative Green Bond Principles Natural Capital Declaration OECD Guidelines for Multinational Enterprises Paris Agreement Capital Transition Assessment (PACTA) Partnership for Biodiversity Accounting Financials (PBAF) Partnership for Carbon Accounting Financials (PCAF) Principles for Responsible Banking (PRB) Principles for Responsible Investment (PRI) Roundtable on Sustainable Palm Oil (RSPO) Soft Commodities Compact Task Force on Climate-related Financial Disclosures UNEP Finance Initiative United Nations Global Compact

Investment policies Rabobank's web page on corporate responsibility can be accessed here.

Rabobank's Sustainability Ambitions 2020-2024 Jun 23 2021 | Rabobank

Rabobank's Commitment to Sustainable Agriculture and Forests Jun 23 2021 | Rabobank

Rabobank - CSR Policy Jun 23 2021 | Rabobank

Agrochemicals policy Oct 13 2020 | Rabobank

Climate change: approach, current position and goals Sep 30 2020 | Rabobank

Sustainability Policy Framework Aug 27 2019 | Rabobank

Tax Policy Statement Mar 28 2019 | Rabobank

Code of conduct Sep 30 2018 | Rabobank

Modern slavery act statement 2018 Jul 20 2018 | Rabobank

Extractive Industries policy Partial update Sustainability Policy Framework - 16 January 2017 This policy replaces the Extractive Industries Policy in the Sustainability Policy Framework (version November 2016). Jan 16 2017 | Rabobank

Rabobank Sustainability Policy Framework – overview of changes Jan 16 2017 | Rabobank

Banking for Food: vision on global food security and the role of Rabobank Jul 7 2016 | Rabobank

Land governance Statement Sep 16 2015 | Rabobank Group

Climate Statement Sep 16 2015 | Rabobank Group

Sustainability Statement for Business Partners of the Rabobank Group Feb 11 2015 | Rabobank Group

Anti-Corruption Statement May 6 2013 | Rabobank Group

BankTrack campaigns and Rabobank

Human rights True leader BankTrack has assessed Rabobank on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. Rabobank is assessed as a Front runner, with a total score of 8/12. Front runner Policy: 3/3 Due dilligence: 2.5/3 Reporting: 2/3 Remedy: 0.5/3 Follower For more details, see Banking with Principles? 2016 update. Laggard

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.

Rabobank 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 Rabobank is also involved, please get in touch with our Equator Principles team.

Good moves

Related Dodgy Deals

Rabobank 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 Rabobank now. Palm Oil Plantations in the Sambas District Indonesia on record Agriculture for Palm Oil

Canadian tar sands Canada on record Oil and Gas Extraction

Plantar project- eucalyptus plantations & pig iron production Brazil on record Tampakan Copper and Gold Mine project Philippines on record Mining

Ladang Sawit Mas Plantation Indonesia on record Agriculture for Palm Oil

Golden Youth or Gemilang Makmur Subur Plantation Indonesia on record Agriculture for Palm Oil

Solwara 1 Deep Sea Mining Project Papua New Guinea on record Mining

Companies

EDF France active Biomass Electric Power Generation | Hydroelectric Power Generation | Nuclear Electric Power Generation | Solar Electric Power Generation | Wind Electric Power Generation Polska Grupa Energetyczna (PGE) Poland active Biomass Electric Power Generation | Coal Electric Power Generation | Coal Mining | Nuclear Electric Power Generation

Wilmar International Singapore active Agriculture for Palm Oil

Royal Dutch Shell Netherlands active Oil and Gas Extraction

Suzano Brazil active Pulp, Paper and Paperboard Mills

Klabin Brazil active Pulp, Paper and Paperboard Mills

Indofood Indonesia active Agriculture for Palm Oil

Eskom South Africa on record Coal Electric Power Generation | Nuclear Electric Power Generation

Astra Agro Lestari Indonesia on record Agriculture for Palm Oil

Bumitama Indonesia on record Agriculture for Palm Oil

Golden Agri-Resources (GAR) Singapore on record Agriculture for Palm Oil

Glencore Switzerland on record Coal Mining

Bunge United States on record Agriculture for Food Crops | Agriculture for Palm Oil

Golden Veroleum Liberia (GVL) Liberia on record Agriculture for Palm Oil

Trafigura Singapore on record Commodities Trading | Oil and Gas Extraction

Vitol Switzerland on record Commodities Trading | Oil and Gas Extraction