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Corporate Social Responsibility: Facts & Figures

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Corporate Social Responsibility: Facts & Figures Corporate Social Responsibility Report 2005 Corporate Social Responsibility: Facts & Figures (selection—for further performance indicators please see back cover page) 2005 2004 Sustainability Management System (see p. 4 et seq) Externally re-certified under DIN EN ISO 14001 for 2005 –2008 (first certification in 1999) In 2005 integration of DWS and offices in New York Environmental data (see p. 45 for further data, incl. foreign countries and German affiliates) 1 Power consumption (in gigajoules) 787,740 858,919 1 Heating energy consumption (in gigajoules) 641,365 775,798 1 CO2 emissions from power production (in tons) 152,612 165,391 Listing of Deutsche Bank in Sustainability Stock Indices (see p. 18 et seq) Dow Jones Sustainability World Indices Dow Jones STOXX Sustainability Indices FTSE4GOOD Indices Ethical Index Euro & Global ASPI Index Annual Performance of Sustainable DWS Mutual Funds (see p. 24 et seq) DWS Invest Sustainability Leaders 8.9 % 5.1 % GKD-Fonds 12.9 % 6.2 % DWS Bildungsfonds 13.7 % 6.2 % PANDA Renditefonds DWS 7.2 % 3.7 % DVG Stiftungsfonds 7.7 % 5.0 % Staff (see p. 28 et seq) Training (expenses per employee2 in EUR) 1,583 1,479 Apprenticeship programs (expenses in EUR million) 40 42 Employee Commitment Index (see p. 34) 68 68 Perception of Deutsche Bank as a responsible corporate citizen3 Germany 64 % 38 % Globally 66 % 51 % Volunteering activities of staff members in Deutsche Bank volunteer programs (in days)4 7,155 Corporate Citizenship Spending (in EUR million; see p. 53) Donations 56.8 5 42.8 Sponsorships6 26.0 24.3 Deutsche Bank Foundation7 5.6 4.6 Other foundations7 1.3 1.2 Total 89.7 72.9 Prizes and Rankings 2005 (selection; see p. 101) Corporation of London Dragon Award Success Factor Family 2005 Golden Peacock Global Award for Corporate Social Responsibility Total E-Quality-Award 1 Only Deutsche Bank AG and Deutsche Bank Private and Business Clients AG in Germany 2 Number of employees (headcount) 3 Representative online survey among Deutsche Bank staff worldwide 4 Data collected for the first time in 2005 5 Including extraordinary spending for disaster relief 6 Only for culture and society 7 Spending by endowed foundations of Deutsche Bank 1 Commitment Creates Value for All Corporate social responsibility starts with taking responsibility for and within the company. This is accompanied by a company’s commitment to the societies in which it does business—and this does not stop with giving financial support. What is at stake is the future viability of the company and of society as a whole. And both commitments are mutually inter- dependent: A company’s long-term success is in the best interest of society, and it is in turn in our company’s best interest—i.e. in the interest of our shareholders, staff, and customers—to take action to overcome the vari- ous and new social challenges with which we are confronted today. Sustainable development is becoming ever more important for compa- nies, both in their business activities and in their activities as corporate citizens. Acting sustainably ensures a competitive advantage. Due to the increased importance of this fact, we have moved the corresponding chapter to the beginning of our fourth Corporate Social Responsibility report. Moreover, the report once again underlines our active approach toward a variety of social issues and our relationship with our clients and employ- ees. Interdisciplinary conferences on the growth of cities; concrete co- operations with schools, universities, or cultural institutions; international initiatives such as the Global Compact; discussions with environmental or human rights organizations; global staff surveys; and the treatment of customer complaints: all these examples show that constructive dia- logue is a pillar of our corporate development and our social commitment. Even this report forms part of that dialogue, which means that we hope to not just give you comprehensive information, but to also get feedback from you. Yours sincerely, Josef Ackermann Tessen von Heydebreck Chairman of the Management Board Member of the Management Board and of the Group Executive Committee and of the Group Executive Committee Responsibility Toward Our Stakeholders 4 Sustainability Management: A group-wide function at Deutsche Bank Shareholders 8 Investment in Renewable Energies – Combining sustainability and shareholder value 12 Long-Term Brand Value 14 Corporate Governance 15 Sustainable risk management 16 Our Compliance and Anti-Money Laundering Program 18 Sustainability ratings and indices Clients 20 On the Path to Graduation – Advice and financing opportunities for students 24 Discretionary portfolio management with sustainable investments 24 Sustainability-oriented funds issued by DWS 25 Product responsibility and consumer protection 26 Data protection 27 Satisfaction of our private and business clients 27 Islamic Banking Staff 28 Taking Their Careers in Their Own Hands – Coaching and training models to actively promote individual careers 32 Education and training 32 Investing in the training of our staff 34 Leadership and support for our employees 34 Creating a work-life balance 35 Compensation and benefits for our employees 35 Compensation plans for staff council members 36 Global Diversity Society 38 Innovation with Leverage – New USD 75 million fund to combat poverty 42 Operational environmental protection 44 Environmental data 44 Sustainability in corporate purchasing 45 Comparison of environmental data 2001–2005 46 Contribution to fighting climate change 48 Memberships in organizations that promote sustainability 49 Global Compact – communication on progress 50 Political dialogue 50 Deutsche Bank Research 51 Business Continuity Management 51 Sharing and promoting tax know-how Commitment to Society 52 Principles and Areas of Activity of Our Commitment to Society Education 54 Pinstripes Optional – Youth Bank: Seed money from a different kind of sower 58 Education projects in economics Cultural education projects Getting started in a career Promoting science Community Development 60 Deutsche Bank’s Disaster Relief Program – Alejandro Caballero on how Deutsche Bank has been helping victims of natural disasters 64 Other Community Development Projects Music 66 Wishes Are Born of New Experiences – KINDER ZUM OLYMP! A competition to foster cultural education 70 Other Music Projects Art 72 “Art Has Become Part and Parcel of Our Daily Lives” – 25 Years of the Deutsche Bank Collection 76 Other Art Projects New Networks 80 Urban Age – An Investigation into the Future of Cities – Building networks of competence for sustainable urban development 82 Further Initiatives Volunteering 84 Opening a Window onto New Experiences – Bank staff members improve the quality of life and education in the London ward of Shoreditch 88 Other Volunteering Initiatives Corporate History 90 Women in Leading Positions – From the switchboard to the boardroom: the long journey through the decades Appendix 95 Deutsche Bank Foundations and Charitable Institutions 101 Prizes, Awards, and Rankings 2005 102 Corporate Goals and Measures 104 About This Report (GRI-Index) 106 Imprint/Publications 4 Sustainability Management A group-wide function at Deutsche Bank Acting sustainably is a cross-departmental task, which affects all divi- sions, all levels, and all decisions within Deutsche Bank. In order to meet this challenge, Deutsche Bank has established a comprehensive Sustain- ability Management System on the basis of the industry norm DIN EN ISO 14001. Internal policies and standards define the responsibilities of the Management Board, the senior management, and the individual employ- ees for economic, ecological, social, and ethical issues. Principles for the actions and decisions of every Bank employee can be derived from the Sustainability Management System. All sustainability-related Corporate Center departments and the PCAM (Private Clients and Asset Manage- ment) and CIB (Corporate and Investment Bank) divisions participate in the system. We intend to further extend the Sustainability Management System to additional international locations and to more Group affiliates. In 2005 we ■ integrated 60 Wall Street, New York, into the Sustainability Manage- ment System and had it certified by external auditors for the first time. Starting with operational environmental protection, we plan to gradu- ally include all our business activities in New York into the system; ■ integrated our affiliate DWS into the system and included it in the cer- tificate according to DIN EN ISO 14001; ■ appointed Sustainability Compliance Officers for all participating depart- ments, who will monitor and ensure the implementation of the system in their departments respectively. In 2006 the London branch, the Asia/Pacific region, and the affiliate DB Bau- spar AG are to be integrated into the Sustainability Management System. To ensure continuous improvement, our internal policies and standards for the Sustainability Management System are regularly updated and ad- justed. In 2005 we ■ revised the Deutsche Bank Mission Statement on Sustainability; ■ updated the Group Policy on the Sustainability Management System and included social and ethical aspects; ■ revised the Group Standard on Operational Environmental Protection and implemented it together with seven sub-standards on waste treatment, facility management, emergency planning, traveling, corporate purchas- ing, risk prevention in environmental protection, and outsourcing; ■ adopted four system-steering standards on aspects of sustainability,
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