About this report
Since 2021, our Annual Report has detailed not only our financial results, but also our ecological and social performance. Thus, our Annual Report is also our Sustainability Report. This was a logical step given that we are bound to serve the common good as a promotional bank.
Structure
This report is divided into two parts: a voluntary part and the legally prescribed financial part. The voluntary part addresses the principal sustainability issues of our value chain and provides other business information.
Non-financial information about our activities is provided in the following chapters:
| Content | Chapter |
| Business model | Brief portrait, in the Management Report: Promotional mandate |
| Strategy | Strategic framework; in the Management Report: Management system |
| Adherence to the 1.5-degree target and climate protection | Strategic framework, Promotional programmes, Operational ecology |
| Sustainability objectives | Sustainability management |
| Materiality assessment | Strategic framework |
| Incorporation of stakeholders’ interests | Strategic framework, Communication and stakeholders |
| Role of the Management Board in sustainability issues | Sustainability management, Business ethics and lawful conduct; in the Management Report: Risk report |
| Sustainability risks and opportunities | Strategic framework; in the Management Report: Forecast and opportunities report, Risk report – ESG risks |
| Effects in the supply chain | Risk culture |
| Business ethics and anti-corruption | Strategic framework, Business ethics and lawful conduct; in the Management Report: Risk report |
| Operational ecology | Operational ecology and Key indicators of operational ecology |
| Equal opportunity | Our employees |
| Working conditions | Our employees |
| Respect for human rights | Strategic framework and Risk culture |
| Sustainability data | Strategic framework, Corporate social responsibility, Promotional programmes, Funding, Key personnel indicators, Key indicators of operational ecology; in the Management Report: Economic report |
TCFD reporting
After the first-time application in 2022, Rentenbank continued to incorporate the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) into its reporting in 2024. These recommendations, which are structured along the dimensions of governance, strategy, risk management, and metrics and targets, guide companies in their efforts to inform their stakeholders about their way of dealing with climate-related risks. The recommendations have been built into each chapter of the present report. We plan to enlarge this reporting in the coming years as data become increasingly available.
The correlation of TCFD recommendations with the various chapters of the present report is outlined in the table below:
| Pillar | Chapter / Document |
| Governance Disclosure of the organisation’s governance around climate-related risks and opportunities |
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| Strategy Disclosure of the actual and potential impacts of climate-related risks and opportunities on the organisation’s businesses, strategy, and financial planning where such information is material |
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| Risk management Disclosure of how the organisation identifies, assesses, and manages climate-related risks |
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| Metrics and targets Disclosure of the metrics and targets used to assess and manage relevant climate-related risks and opportunities where such information is material |
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Data basis
The report period covers financial year 2024; all statements in this report refer to the period from 1 January to 31 December 2024. Relevant data for 2024 available at the editorial deadline of 28 February 2025 were considered. Further information on specific issues can be found by following the appropriately labelled links in the electronic version of the report on our website.
Unless otherwise indicated, the key indicators presented in this report refer to financial years 2022, 2023, and 2024 (each year being from 1 January to 31 December). They were compiled with the utmost care. To our knowledge, the information and data presented in this report are correct. However, no liability can be assumed for the accuracy and completeness of these disclosures.
The bank has opted not to have its sustainability disclosures audited by an external entity.