Contents
Management report
Corporate governance Consolidated financial statements Financial statements
Overview of final home energy labels for Rabobank loan portfolio1
Pillar 3
1 Private household with a final energy label,
this represents approximately 10% of our
loan portfolio.
2 Final energy labels: Netherlands Enterprise
Agency.
3 Source carbon footprint data:TU Delft.
Energy labels private households1
total housing loan portfolio1 energy use1
Calculated
distribution distribution distribution carbon
Housing energy units financed by units throughout relative of the loan footprint in
labels Rabobank the Netherlands difference portfolio kg x 1,0003
A 15% 8% 7% 17% 23,473
B 17% 16% 1% 17% 33,814
C 26% 30% -4% 24% 61,610
D 19% 23% -4% 18% 51,734
E 11% 12% -1% 11% 38,769
F 7% 7% 0% 8% 30,661
G 5% 3% 1% 5% 24,301
Total 100% 100% 0% 100% 264,362
Equator Principles
The Equator Principles (EP) is a framework for risk management by financial institutions
for determining, assessing and managing social and environmental risks in projects
and project financing. Rabobank was one of the first banks to subscribe to the EP when
they were adopted in 2003. In addition to our sustainability policy and for the financial
products falling within the scope of the EP, we ask our customers to bring into focus
and address relevant environmental and social risks in accordance with the relevant
standards as stated in the EP.
Within Rabobank the relationship managers together with the central sustainability
department are responsible forthe correct implementation ofthe EP. As part of our
sustainability assessment ofthe customer, all transactions are checked for applicability
ofthe EP. When the EP apply for a new transaction, a checklist is completed to ensure
the correct application ofthe principles. This checklist should be signed by the
Sustainability Department before the transaction can be executed. In 2015, compliance
with the EP was reviewed by an external agency. The study found that, compared to
the previous assessment, a number of concrete improvements have been made and
the process is more robust than before. The study also found possible improvements
on which we will start working in 2016.
132 Rabobank Annual Report 2015
