Appendices to the corporate
social responsibility report 2015
Appendix 1 Reporting principles
Contents Management report Corporate governance Consolidated financial statements Financial statements Pillar 3
Rabobank's 2015 Annual Summary and the 2015 Annual Report
provide an explanation to the material report topics from the
2015 reporting year from 1 January to 31 December 2015.
For the inventory and selection of relevant reporting topics, the
GRI-G4 guidelines and the framework of the IIRC (International
Integrated Reporting Council) are used as a starting point for
the integrated reporting.
GRI Principle: Materiality
Rabobank's 2015 corporate social responsibility report provides
an explanation to the material social reporting topics from the
2015 reporting year.The materiality analysis provides insight
into the choices that were made prior to the preparation of
the report and consists of an inventory of social aspects that
are important for Rabobank and for our stakeholders and
a prioritisation thereof. In the materiality analysis, per topic
the significance for the stakeholders is weighed against the
significance for the company. This is subsequently reflected in
a graphic in the materiality matrix.
O Click here for the 2015 materiality matrix.
Continuing stakeholder dialogue
We base the list of material reporting topics on the dialogues
we had during the year with the following stakeholder groups:
customers, members, employees, social welfare organisations,
government agencies and supervisory bodies and other banks.
We thus have a clear view of what our stakeholders believe is
important. In addition, we make an inventory of the topics that
are of material importance from the Rabobank perspective.
The main input for this is the implementation agenda of the
Executive Board.This includes all the topics that score high in
the priorities of the Executive Board.
Material reporting topics identification process
In order to determine the material reporting topics for this year,
we have gone through the following four steps:
Step 1 - Actualisation of the 2014 materiality analysis based
on results from stakeholder dialogues and the strategy and
management agenda of Rabobank.
Step 2 - Validation of the completeness of identified reporting
topics
Step 3 - Prioritisation of the reporting topics
Step 4- Preparation of the 2015 materiality matrix
Based on the stakeholder dialogues, the topics from the 2014
materiality analysis are expanded with the addition of three
new material topics:
1. Financial Legislation Regulations
2. Special Asset Management
3. Corporate governance
In the validation of the completeness of the reporting topics,
it was checked whether a complete and balanced picture of
Rabobank is provided when the selected topics are reported.
The prioritisation of the topics took place by looking at the
frequency with which the topics and/or directly associated
topics occur in the sources. The sources are also ordered
by topic. Last year we did this according to the categories
'Economic, Environment and Social'. This year the topics are
categories in line with the new strategy 'Vision 2016-2020'as
determined in 2015.The categories currently are: Rock-solid
bank, Customer focus, Meaningful cooperative and Empowered
employees.
GRI principle: involvement of stakeholders
The interests of four important Rabobank stakeholder groups
were verified during the creation of the materiality matrix:
the following stakeholder groups have therefore been
specifically invited to various stakeholder dialogues and for the
independent reputational study conducted by Motivaction:
Clients
Personnel
Company
Financial stakeholders
126 Rabobank Annual Report 2015
