Memberships and commitments

BayernLB is committed to lawful, ethical, responsible and sustainable corporate action. It does this out of its own conviction and on the basis of political and/or statutory regulations, which, however, only ever set the minimum standard for BayernLB. Examples of key political and/or legal regulations on sustainability include the Paris Agreement, the EU Taxonomy Regulation, the Bavarian and German Sustainability Strategies, the General Act on Equal Treatment, the German Supply Chain Act or the Modern Slavery Act .

At the same time, global and international reference systems for sustainable development have emerged in recent years, such as the Sustainable Development Goals (SDGs), the Global Reporting Initiative (GRI) and the EU's Eco Management and Audit Scheme (EMAS) , to which BayernLB also aligns itself and aims to contribute to their successful implementation. This facilitates the operationalization of the aforementioned regulations and pays into overall societal and policy goals such as climate change mitigation and adaptation, respect for human rights, support for stable governance systems, and many other objectives.

In order to give public expression to its efforts and convictions, BayernLB has also committed itself to various voluntary commitments such as UNEP FI, the UN Global Compact, the Principles for Responsible Banking or the London Bullion Market Association (LBMA). It can be observed that many of these reference systems and voluntary commitments are currently being incorporated into statutory regulations, and that new initiatives including opportunities for voluntary commitments are emerging in response to current developments.

Within BayernLB itself, the Code of Conduct, the Sustainability and Environmental Policy, the Sustainability Strategy, the Guiding Principles for Transformation and other internal guidelines like f. e. the Guideline for Conduct in Partnership, protection against Sexual Harassment, Bullying and Discrimination or the Sustainability Agreement for Suppliers and External Service Providers form the normative foundation of BayernLB's sustainability management. These anchor the aforementioned systems in the company and thus help BayernLB to align itself with the aforementioned systems in a continuous improvement process and to implement and achieve the political and social targets and objectives.

In a further step, BayernLB has joined and holds various memberships in and commitments to various associations and societies, among other things to exchange and develop common convictions at a working level and to generally demonstrate its commitment to the respective cause.

Associations for banks

Associations and memberships related to environmental protection and sustainable development

Associations/initiatives related to the market/trade

Initiatives related to the measurement and disclosure of C02 data and risk

Initiatives/memberships with social relevance

BayernLB publishes detailed reporting on its sustainability efforts in its various reports, including the Sustainability Report according to GRI. All publications are always up to date on the publications page .