18. Corporate Citizenship

The company discloses how it contributes to corporate citizenship in the regions in which it conducts its core business activities.

Deutsche Hypo focuses its support on improving health care in Germany and in particular on cancer research. For this purpose, on the occasion of Deutsche Hypo’s 100th anniversary in 1972, the Johann-Georg-Zimmermann-Prize, which is awarded jointly with the Hannover Medical School (MHH), was created. Every year, two scientists are honoured with the Research Prize and the Medal. The Research Prize is awarded to a young junior researcher for their current scientific activity, while the Medal is awarded to a medical or non-medical personality who has demonstrated special commitment in the fight against cancer. The Research-Prize includes prize money of € 10,000, the Medal € 2,500. Since 1972 Deutsche Hypo has awarded prize money totalling more than € 800,000. The Johann-Georg-Zimmermann Prize is today one of the most prestigious cancer research prizes in Germany and is therefore recognition of the importance of scientists’ work for society.

At the instigation of staff, in 2010 the ‘Christmas wish tree’ project was established in Deutsche Hypo. This allows the Christmas wishes of children and young people from the “Güldene Sonne”, an educational and therapeutic residential centre in Rehburg-Loccum not far from Hanover, to come true. The Bank’s staff invest every year around € 2,000 from their own pocket for around 100 wishes. Support is also offered to the Christmas charity event of local newspaper Hannoversche Allgemeine Zeitung.