Rabobank agrees to partnership with WWF RABOBANK RENEWS AGREEMENT WITH EUROPEAN WORKS COUNCIL Global Global NEWS N Johan van den Gronden (CEO WWF Netherlands), Piet Moerland (Chairman o Rabobank Netherlands), Anthony Burgm; (Chairman SB WWF Netherlands) and Berr> Marttin (Executive Board member of Rabobank Group) In October 2010, Rabobank and the World Wildlife Fund (WWF) signed a Memorandum of Understanding to explore the possibility of cooperation between the two organisations. This resulted in both parties signing a worldwide partnership agreement earlier this year. Rabobank Chairman Piet Moerland believes the partnership will contribute to the quality of Rabobank's dialogue with clients in the area of sustainability, both at home and abroad. Piet Moerland: 'The WWF and Rabobank both strive to achieve a sustainable environment. We have already demonstrated this shared commitment through our joint participation in the Dutch Greentech Fund, through which wemake equity investments in green innovative companies, and via the sounding board role the WWF had in relation to the formulation of Rabobank's Food Agribusiness principles. This partnership between a financial institution and a NGO, with the aim of setting an example for other participants in the production chain with respect to the concrete effects of sustainable enterprise in practice, is unique." Rabobank signed a new agreement with the European Works Council (EWC, formerly known as the European Works Group) in May, following a change to the European Directive that covers the set up of the Council. Sipko Schat, who signed the new agreement with the EWC on behalf of Rabobank, said that the new agreement underlines Rabobank's cooperation to promote an atmosphere of openness in providing information about, and discussing the position and development of, the business. All with due consideration for the mutual interests of the employees and our business. According to Sipko Schat, the EWC should be considered as a natural part of Rabobank's corporate culture that is based on cooperation, dialogue and trust. Schat: "Moreover, Rabobank management attachés great value to providing a stimulating environment in which an open relationship with our employees can develop and prosper." Tanja van den Heuvel and Sipko Schat 'The EWC is not a new phenomenon, it has been operational since 1999. We serve as an official discussion body that repre- sents Rabobank International, ACC Bank Ireland, and Rabobank subsidiaries' employees in the EU," said EWC Chairman Tanja van den Heuvel after the signing. 'The Council helps to get more insight into what is going on within our organisation and, through dialogue with general management, ensures we are consulted at an early stage. In this way, the workers' voice plays an important role in the final decision making of the company and supports changes and communication regarding the branch offices." ISSUE 28 AUGUST 2011 RI WORLD

Rabobank Bronnenarchief

blad 'RI World' (EN) | 2011 | | pagina 6