Motive: Hand, Buildings, Nature

Facing environmental challenges

Against the background of negative environmental developments on global level, including climate change, water and resource scarcity, deforestation and threats to biodiversity, business and society are called to contribute to protecting the natural environment. 

Corporate environmental policy - an integral component of our company’s policy

Our sustainable activities are based on an active approach to environmental protection, which is an integral part of the corporate policy of NORD/LB. The company’s environmental policyis a core element of the sustainability management. We are trying hard to reducethe impact that we have on the environment while also reducing our energy and resource costs. In doing so, we not only reduce our impact on the environment and increase our corporate performance, but also strengthen our position as an environmentally responsible enterprise.

Organization of corporate environmental policy

To increase our environmental efficiency, as NORD/LB group we set demanding goals and report to external parties on the status of achievement of these goals in our sustainability report. We have integrated our activities into the organisation of the procedures and processes of our banking operations from the outset. The organisation of our corporate environmental policy follows a networked structure, in which each Group company has appointed a coordinator for corporate environmental policy as well as local environment partners in the specialist departments. With the aid of an internal environmental “balance sheet”, the Group Environment Team manages the resource and energy flows of the NORD/LB Group, defines environmental protection goals, coordinates measures to achieve these, and conducts training.

NORD/LB CBB produces renewable energy with a photovoltaic system on the roof of the building since 2013.

Environmental management system of the NORD/LB Group

Organisation hierarchy

For more information see the chapter Banking in the "Sustainability Report".