Risk culture

Rentenbank’s risk culture shapes its self-image in the day-to-day handling of risks. It comprises the totality of the company’s norms, attitudes and behaviours with regard to risk awareness, risk appetite and risk management. Rentenbank has defined and established its approach to risk culture. In addition, indicators have been defined to monitor how risk culture is put into practice. Key elements of the risk culture are the autonomous and responsible handling of Rentenbank’s risks by all managers and employees within the scope of their assigned responsibilities, as well as the accountability of all managers and employees for their risk behaviour. An employee survey was used to assess the current state of risk culture and to identify measures for its further improvement.