The policy principles have been distilled into five themes: energy consumption, mobility,
employees and leadership, vital communities and the circular economy. Goals have been
defined for each theme, including a 10% decrease in energy consumption per FTE by
31 December 2015 versus 2013, and a cap on lease cars' maximum CO, emissions, which is
reduced annually. Housing construction complies with government requirements, and in
addition energy-neutral residential properties are developed.
Employees ofRabo Real Estate Group
For the employees of Rabo Real Estate Group, 2013 was another eventful year.The reasons
included the reduction of the activities of MAB Development, the poorer financial results due
to the continued headwinds in the sector, the cost savings and the increasing legislation and
regulation. Despite the financial headwinds, Rabo Real Estate Group continues to invest in its
employees, as reflected, for instance, in the culture and leadership programme launched in
2012. The employee satisfaction survey conducted in early 2013 resulted in a good score of 7.7.
A request for advice was submitted to the Group Works Council of Rabo Real Estate for
downsizing the workforce of MAB Development, on which the Group Works Council issued a
favourable advice. In November 2013, a new, scaled back Collective Labour Agreement was
concluded for the period to the end of 2015. Zero increases have been agreed in this Collective
Labour Agreement for salary growth, meaning that the salary maximums of the salary scales will
not be increased until 1 January 2016. In addition, variable remuneration will only be paid if
Rabo Real Estate Group as a whole is profitable. This provides a closer alignment of the Collective
Labour Agreement with the financial results of Rabo Real Estate Group.
Integrity is a key theme in the real estate market. Rabo Real Estate Group has solidly embedded
its policy in the organisation. The Compliance department provides dilemma training and
e-learning programmes to anchor that policy even more firmly in the organisation.
Fondsenbeheer Nederland
Fondsenbeheer Nederland is an independent not-for-profit organisation that invests in the
quality of the physical environment by supporting various community funds, which provide
financial and other support to social goals ranging from public housing to nature conservation
projects and conservation of cultural and industrial heritage. The National Restoration Fund
provides financing to support owners of listed buildings and advice on restoring and maintaining
their property. The public housing fund Stimuleringsfonds Volkshuisvesting (SVn) is active in
the field of housing, local communities and urban regeneration. Together with the Dutch
municipalities, SVn developed the First-time Buyers' Loan to make it easier for first-time buyers
to acquire suitable residential properties.
Annual Report 2013 Rabobank Group