18. Corporate Citizenship

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

As a good corporate citizen, Rentenbank supports local cultural institutions and selected projects located near its office in Frankfurt am Main. We regularly support Oper Frankfurt, Schirn Kunsthalle, Städel Museum, the English Theatre and the Städelschule (State Academy of Fine Arts), among others. We nurture young talent at the Städelschule through our annual donation of a group prize. Furthermore, we support the Alte Oper Frankfurt’s PEGASUS programme for children and young people. For the academic year 2020/21, we awarded a one-year bursary (extended by the same amount by the Federal Republic of Germany) to six students at the Goethe University Frankfurt and to two students at the Frankfurt University of Music and Performing Arts.

Our local Christmas donations have supported the Goethe Corona Fund jointly run by Goethe University Frankfurt and the University Hospital, the Maltese Aid Service Frankfurt, St Katherine’s Hospice, the food provided throughout the winter by St Katherine’s community, Human Rights Watch Frankfurt Committee, and the reforestation of the Frankfurt City Forest which has been damaged by drought.