Sustainability ratings
Contents Management report Corporate governance Consolidated financial statements Financial statements Pillar 3
Sustainability in recruitment and selection
In our recruitment we emphasise the competencies
'cooperation'and'customer focus'and paint a picture of our
bank in which our cooperative identity is central. We see
sustainability as a part of our cooperative identity. This becomes
clear among other things from the fact that we count
sustainability as one of our core values. We indicate that the
willingness and enthusiasm of our employees to display these
core values on a daily basis form an important part of the
selection criteria. The desired competencies are determined in
function profiles and are part of the performance agreements
and the individual evaluation of the employee. We think it
is important that managers set the right example in this.
In addition, all management courses encourage managers to
carry out the cooperation on a daily basis.
Rabobank has an introduction programme for new employees,
during which our identity and core values, including
sustainability are explained. We also discuss how this translates
into daily practices. Finally, Rabobank encourages a culture that
fits the bank we want to be and in which sustainability plays
an important role.
We see that the Sustainably Successful Together more and
more often puts the topic of sustainability on the agenda of
for example Management Teams and Board MemberTeams of
local Rabobanks. We must note, however, that there has not yet
been a measurement of sustainability in the recruitment and
selection.This is a focus point for 2016.
Sustainability in the employee survey
Every year, Rabobank researches how employees experience
the identity of Rabobank. In 2015, there was a new worldwide
survey. Our goal is for the organisation to improve its score
annually on the issues 'Cooperation with the customer'and
'Characteristics of cooperatives'in the Employee Engagement
Survey. The follow-up research will show if there is an increase.
We expect the culture programme to positively contribute to
these scores.
Appreciation
We strive to turn our commitment with regard to sustainability
into achievements in the financial sector.This results in
appreciation.
In 2015, Rabobank Brazil won the first price of the 'Dutcham
Sustainability Awards'for Dutch companies that are active
in Brazil.
In 2015, Rabobank Brazil was also named the best bank in Brazil
with regard to sustainability during the 'International Finance
Magazine 2015 Awards'.
DLL was named the winner of the 'AllianceTrust Award
for Circular Economy Investor'. This award was part of the
Circulars Awards programme 2016, organised by the Young
Global Leaders of the World Economic Forum, in cooperation
with Accenture.
In 2015, DLL also received the 'Green FinanceTransaction of the
Year Award' of Leasing Life, one of the leading magazines in the
leasing industry in Europe. Both awards recognise DLL for its
LCAM vision and for the accompanying investments and results.
In 2015, Rabobank was chosen to be a member of the board
of the International Capital Markets Association (ICMA) Green
Bond Principles.The Green Bond Principles were published
by ICMA in 2014to encourage transparency, disclosure and
integrity in the Green Bond market.
In 2015, we further reinforced our top position with the fifth
place in the Bloomberg New Energy Finance League Table,
an international ranking of financiers who are the most active
worldwide in renewable energy generation.
Our ambition for 2020
In the financial sector, ratings are an important measure of
an organisation's financial strength (see page 135).This is
also the case when it comes to sustainability performance.
Rabobank strives for continuous improvement in sustainability
performance and a top position in the ratings of key agencies,
as institutional investors use these studies and reports to help
them achieve their socially responsible investment goals.
Progress in 2015
We monitor the social appreciation of our worldwide
sustainability efforts based on RobecoSAM's ranking of globally
operating financial institutions, Sustainalytics'analysis and
theTransparency Benchmark of the Netherlands Ministry of
Economic Affairs.
Results in 2015
Rabobank's sustainability performance scores have gone up in
2015. We are proud of these scores, but we keep ambitiously
applying ourselves to improve our sustainability performance
and in doing so, our scores in the sustainability ratings. Below is
an overview of a few important evaluators and our scores.
71 Corporate social responsibility report