Sustainability in agriculture and food supply Contents Management report Corporate governance Consolidated financial statements Financial statements Pillar 3 Measuring social impact of Rabobank Foundation and Rabo Development Rabobank measures the social effects of its policy and activities, but we take it a step further than just the direct, concrete result. We try to measure the social impact of policy to better understand Rabobank's role in plays in the realisation of changes. We see measuring social impact as an important development in the way we account for our sustainability performances. If we can better understand where exactly our influence lies, hopefully we can have a larger impact with our activities. Moreover, not all activities have an immediate impact, making it necessary to conduct research over a longer period of time. Within Rabobank, Rabobank Foundation and Rabo Development are the most advanced when it comes to measuring their social impact. The collection, evaluation and aggregation of information take place during the year following the year-end close, so our current impact assessment is based on the figures at the end of 2014. Our main goal is investing in the self-sufficiency. We measure our impact by collecting information from our partners and by carrying out case studies. We analyse trends in the professionalisation of organisations and take account of the number of people we can reach. In 2014 we achieved the following: The cooperatives that are financed by Rabobank Foundation indicate that they have over 4.7 million active members. Organisations that are supported by Rabobank Foundation in the Netherlands declare that over 400,000 people directly benefit from that support. The mission of Rabo Development is focused on the expansion of access to financial services in developing countries and emerging markets. We call this 'financial inclusion', and implement it through strategic partnerships with financial institutions in Africa and South America. We these partner banks to report the numbers of people they reach in developing countries and the services customers purchase from our partner banks. The partner banks reported the following 2014 figures: Around 6 million people used the services of Rabo Development's partner banks. The combined financing portfolio of Rabo Development's partner banks totals over USD 14 billion, of which 47% in loans in food and agri value chains. Around 2.5 million of our partner banks'customers in developing countries have access to mobile banking, and almost 1 million of these partner banks'customers have access to internet banking. Social impact of DLL DLL makes a social contribution by making a number of donations, for example to the Make-a-Wish Foundation of South-eastern Philadelphia, Foundation LEF (Living and Finances) andT+Home. Furthermore, 32% of DLL employees have invested time and expertise worldwide into charities that contribute to education and improvement of living conditions. In the Netherlands, DLL has organised matchmaking dinners for businesses and charities, linking them on the basis of their non- financial needs. In addition, DLL has continued the initiative Samen040 in cooperation with the County of Eindhoven and six other companies that wanted to enter into strategic relations with regard to social issues in the region. Our ambition for 2020 Food is a primary need and food supply comprises a global growth market, so the topic is both socially relevant and macro- economically attractive. According to the United Nations, food production needs to grow by 60% by 2050. A large part of the demand growth comes from the emerging markets in Asia and, after 2030, Africa. In view of our roots as an agricultural cooperative bank, we can and want to make a relevant and sustainable contribution to the global food production. The vision Banking for Food means that we want to play a prominent role in the public debate on the broad issue of food. We connect producers with consumers, and farmers with people. We actively participate in roundtables on sustainability in agribusiness value chains globally. And we help our customers integrate the outcomes into their operations. In addition, Rabobank cooperates with innovative customers and social partners on ambitious sustainability projects in 59 Corporate social responsibility report

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Annual Reports Rabobank | 2015 | | pagina 60