Sustainability management
Structure and organisation
As a coordinating unit, the central sustainability unit ensures that the necessary framework conditions and regulations are met and that knowledge transfer to the bank is carried out. It also assists the responsible units and the respective project teams with implementation of the corresponding requirements.
Sustainability topics such as optimising the bank’s sustainability performance in its internal operations and increasing sustainability-oriented financing activities are addressed by cross-divisional and cross-departmental teams. Among other things, they are responsible for the fulfilment of regulatory requirements and the implementation of the Sustainability Programme.
Strategically important sustainability matters are discussed in the Sustainability Board. This board monitors and manages bank-wide sustainability activities. It is composed of the executives in charge of the relevant organisational units and the full Management Board. At the board’s meetings, the central sustainability unit informs members about sustainability-related activities and the progress made to date. Decisions on material sustainability matters and on the bank’s strategic orientation are discussed in the Sustainability Board and then presented to the Management Board for approval, which bears overall responsibility for the bank’s sustainability activities.
Sustainability Programme
Every year, we formulate short- and medium-term goals on the basis of our Sustainability Guidelines. We then define appropriate measures, key indicators, and responsibilities to operationalise these goals and ensure the continuous improvement and measurability of our sustainability performance. In line with the bank’s decentralised organisation, the responsibility for implementing specific goals and actions lies with the relevant organisational units.
The progress of implementation is regularly reported to the Management Board and the Sustainability Board. At the end of each year, we document the degree to which the specified measures have been successfully implemented. The Sustainability Programme Progress Report 2024 containing the relevant implementation and progress information and the Current Programme for 2025 are published on Rentenbank’s website.