Contents Management report Corporate governance Consolidated financial statements Financial statements Pillar 3
Clients of local Rabobanks in the Netherlands
(exposure EUR 1 million) with a client photo
Number of clients assessed Number
2020 target
Local Rabobanks 53,903
94% 100%
Other Group divisions - 0% 100%
Sustainability performances of clients of local Rabobanks in the Netherlands (exposure EUR 7 million)
Number of clients per sector
total
A
B
C
D+
D
Food and agriculture
15,999
472
14,951
555
14
7
Trade, industry and services (TIS)
20,067
719
17,643
1,642
20
43
Other and unclassified
17,837
834
15,885
1,060
20
38
Total in numbers
53,903
2,025
48,479
3,257
54
88
Total in
100%
4%
90%
6%
0%
0%
Receivables from clients in millions of euros
total
A
B
C
D+
D
Total loans and advances
42,522
2,337
38,218
1,931
10
25
Total in%
100%
5%
90%
5%
0%
0%
1 Based on the situation at end of November.
Categorie Criteria
A A customer is in the highest category if it is among the most active companies in sustainability in its peer group. These customers are (pro)actively
engaged in preserving their core business, while also looking at innovative solutions.
B The majority of our customers are in this category. They recognise that sustainability is an issue that they have to take into account in their business
and they respond to demands from customers or from the market. Working on the sustainability of the core activities is done mainly from an
economic perspective. For example, they seek a balance between investments and fast returns.
C Customers in this category see sustainability as a necessary requirement imposed on them via (inter)national laws and regulations. Sustainability is
seen as an increase in costs and therefore adopted only when benefits are proven or regulations amended.
D+ This client does not (yet) meet Rabobank's sustainability policy on one or more points or has not responded adequately to key questions. Specific
agreements are made about a possible solution and timelines are established. Once the customer meets the sustainability policy of Rabobank, it is
classified in category A, B or C.
D The customer does not meet Rabobank's sustainability policy (any more) on one or more points or does not give Rabobank insight into their
sustainability. Here no specific arrangements are made within certain periods or the client does not respect its commitments. Financing of prospects
in category D will not be approved.The relationship with existing customers in category D will be phased out.
Note
Providing service to leaders in sustainability
We would like to provide an extra stimulus to sustainable
enterprises.That is why Rabobank introduced the Rabo
Impactlening ('impact loan') together with the European
Investment Bank (EIB) at the end of 2015. The Rabo impact
loan is a business loan with an interest rate rebate aimed
at sustainable companies. Companies that meet selected
sustainability criteria are eligible for an interest rate rebate on
new financing: as much as 1.20% depending on the duration.
Rabobank is the first Dutch bank that rewards customers
financially for their sustainability efforts with an interest rate
rebate via the EIB.
The Rabo impact loan starts with a budget size of EUR 50 million,
facilitated by the EIB, and can be used for loans from
EUR 250,000 up to EUR 2.5 million. In 2015, customers loans
totalled EUR 11.6 million. Rabobank granted the first impact
loan to De Verspillingsfabriek ('The Waste Factory') at the end
of 2015. The Verspillingsfabriek generates new products from
waste products.The company has a distinctively positive impact
on people, environment and society as a whole.
The Rabo impact loan contributes towards our provision of
service with a positive social impact. The total amounted to
EUR 22.2 billion at the end of 2015, a growth of 3.2% in relation
to 2014.
Leader in financing renewable energy projects
The Dutch and international wholesale banking division
advises, structures and arranges customised financial solutions
for renewable energy projects. We finance wind farms, but
also solar energy and biomass projects. In the Netherlands,
Rabobank is one of the leaders in financing such projects.
We are financing the construction of the largest onshore wind
farm (NOP Agrowind), for example, and the first near-shore wind
farm (Westermeerwind) in the IJsselmeer. With 339 megawatts,
these projects contribute significantly to the upscaling of
renewable energy generation that was agreed upon in
63 Corporate social responsibility report
