Megatrend and engine of growth
Individual corporate responsibility and responsibility for society at large are firmly established principles in the DZ BANK Group and the cooperative financial network. Sustainability is therefore enshrined in all our business activities. At DZ BANK, for example, we are supporting and financing the transformation projects of our customers in the real economy. And we already have years of experience and expertise in this field. In 2022, the total volume of transactions with green, social, and sustainable objectives that were supported by DZ BANK as the lead underwriter amounted to over €43 billion. Together with the cooperative banks, DZ BANK is one of the biggest providers of project finance for renewable energies. Our commitment to environmental and social causes is also regularly affirmed by renowned sustainability rating agencies.
Other entities in the DZ BANK Group are setting standards in terms of sustainability too. Union Investment, for example, is a market leader with €122 billion of sustainable assets under management. Bausparkasse Schwäbisch Hall and DZ HYP are playing a pioneering role in supporting and financing energy efficiency improvements in the real estate sector. R+V Versicherung has established itself as one of the leading insurers when it comes to investing in renewable energies and offers sustainability-oriented policies in unit-linked pension insurance.