Key Performance Indicators to criteria 9

Key Performance Indicator GRI SRS-102-44: Key topics and concerns
The reporting organization shall report the following information:

a. Key topics and concerns that have been raised through stakeholder engagement, including:
i. how the organization has responded to those key topics and concerns, including through its reporting;
ii. the stakeholder groups that raised each of the key topics and concerns.

After an intensive exchange with our stakeholders, we have come to the conclusion that sustainability in the sense of durable economic use of natural resources for the long term has always been at the heart of Rentenbank’s promotional mandate and its business model. In view of the current regulations and new requirements e.g. from investors and ESG ratings agencies, we are now focusing on making these activities more systematic and defined in addition to ramping up our communications in line with recognised standards.

To this end, we initiated an ESG project across the entire bank. Two members of the Management Board and Management Team from all relevant organisational units are in the steering committee.

Measures we have implemented at the instigation of our stakeholders include the development of a Green Bond Framework and the issuance of our Benchmark Green Bond, the (voluntary) publication of our non-financial report (as a precursor to this Sustainability Declaration and a planned independent Sustainability Report), an updated version of our code of conduct for employees with increased focus on sustainability issues and its publication, as well as the increase in the amount of information relating to sustainability issues available on our website.