Sustainability Management
Current Topics
WestLB AG Sustainability Report 2009 Published
WestLB today publishes its latest sustainability report entitled “Sustainability 2009. Integration and Efficiency”. The report supplements the information already provided in the Annual Report 2008 and includes relevant information and ratios on the current status of developments in sustainability management as well as related products and financial services. The report also provides information on the restructuring of WestLB in the wake of the financial crisis. With this we fulfil at the same time our annual reporting requirements regarding the implementation of the Equator Principles (EP). The report is supplemented by a comprehensive GRI balance sheet and contains the progress report pursuant to the UN Global Compact. The report can be downloaded in German and English from the Internet and Intranet.
WestLB Policy for Environmental and Social Issues
The “WestLB Policy for Environmental and Social Issues” specifies the engagement of the Bank with regard to environmental and social issues and express the Bank’s intention to contribute to a sustainable development. They define subject and sector-related principles underlying the Bank’s commitment to comply with social and ecological standards. In this connection, the Bank follows, in particular, internationally recognized environmental and social standards. The Bank is committed to comply with these principles in its business activities. The Policy for Environmental and Social Issues apply to all business units of WestLB AG and to all transactions with national and international customers. Existing obligations resulting from its participation in national and international initiatives such as the Equator Principles remain valid. more...
Sustainability Management at a glance
Sustainability Management
For WestLB, sustainability management means minimising ecological and social risks and, through this, seizing economic opportunities and ensuring the Bank's continued growth. At the same time, we want to be a role model and make a contribution to the economically stable, ecologically responsible and socially fair development of our society. These objectives have become integral elements of our corporate strategy. More ...
Since 2004, WestLB has engaged in a constructive dialogue with civil society groups who are willing and ready to jointly shape a sustainable future. The exchange with our stakeholders provides us with valuable feedback on our activities, plans and strategies. More ...
The biggest levers for contributing to sustainable development can be found in WestLB's core business in financing and investments. On the one hand, we use our role as a business partner to influence sectors or individual projects in such a way that adverse impacts on the environment and on society are reduced to a minimum. On the other hand, we are increasingly making inroads into business segments with a strong sustainability orientation. More ...
We expect our employees to actively endorse and support our corporate values. At the same time, we promote the diversity and creativity of our staff by creating an environment in which they can unfold their full potential. More...
Integrity
Clear rules and regulations oblige our employees to act in such a way that all national and international legal and regulatory requirements are fulfilled and WestLB’s ethical principles are supported. More ...
The current climate protection debate clearly shows that the preservation of our natural resources concerns each and every single one of us. Internal environmental protection therefore is a key element of our corporate responsibility. More ...
WestLB AG and its employees are very much a part of society. We regard our active commitment to culture, social affairs, education, science, the environment and sports as an important contribution to the future viability of our society. More…
