Contents Management report Corporate governance Consolidated financial statements Financial statements Pillar 3
Evaluator
RobecoSAM
Sustainalytics
Transparency benchmark
Fair Finance Guide
Description
In cooperation with S&P Dow Jones Indices RobecoSAM publishes the
globally renowned Dow Jones Sustainability Indices (DJSI). Based on its
own Corporate Sustainability Assessment of 3,000 listed and non-listed
companies, RobecoSAM has built one of the most extensive databases in
the world of financially relevant sustainability information.
Sustainalytics is a global leader in sustainability research. Sustainalytics
supports investors in the development and execution of responsible
investment strategies.
Investors use the research studies of Sustainalytics to integrate
environmental, social and governance factors in their investment.
The Transparency benchmark is an annual research study in the
Netherlands with regard to the content and quality of social reporting in
Dutch companies.
The Fair Finance Guide (Eerlijke Bankwijzer) is an annual research
report commissioned by the following social organisations: Amnesty
International, Dierenbescherming, FNV, Milieudefensie, Oxfam Novib,
and PAX.
The Fair Finance Guide compares the most important Dutch providers of
individual payment and savings accounts with regard to social topics it
has selected.
The report evaluates the investment and financial policy of eight Dutch
banking groups and looks at for example 'climate change', 'labour rights',
'weapons' and 'animal welfare'.
The goal of the Fair Finance Guide is to improve CSR for banks that are
active in the Netherlands.
Performance Rabobank Group in 2015
In 2015, Rabobank received 87 points and with that ended in 5th
place in the ranking of the banks category.
This is an increase compared to 2014 when Rabobank was
ranked 12th, with 83 points.
In 2015, Rabobank scores 80 points. That is 10 points more than
last year.
Rabobank rose to the 11thplace with this score in a peer group
of 422 financial institutions worldwide in the banking sector
(40 in 2014). This is a ranking in the de top 5% and with this
Rabobank is classified as an 'Industry Leader'.
Rabobank scores 169 points on the Transparency benchmark
with the integrated Annual Report 2014. This is 1 point higher
than last year.
With this score Rabobank ranks 34th (22nd in 2014).
Rabobank's Flonest Bank Guide score has increased significantly
in 2015. The Flonest Bank Guide rates Rabobank 'satisfactory'to
'good' on most of the eighteen topics evaluated, but feels the
Rabo needs to aim higher on six topics.
Read the fuII report here.
The reporting agencies provide feedback regarding Rabobank's
methods for integrating sustainability into its business
operation and its success in doing so compared to other
parties. We take their recommendations seriously and work
to improve the weaker points mentioned in the reports.
These improvements are what led to Rabobank's higher ranking
in 2015.
Social debate
Rabobank has continuous dialogues with social welfare
organisations.These discussions usually relate to the
standpoints of the bank. A list of debated topics and the
outcome of discussions is included in appendix 2. Discussion
in 2015 covered various sustainability matters, including land
rights, livestock farming and the palm oil supply chain.
Rabobank is in contact with politicians, officials and financial
regulators in The Hague and Brussels. For example, in 2015
Rabobank took part in round-table discussions regarding
special asset management, sustainable banking and the
tenure system, which were organised by the Dutch House of
Representatives.The Parliamentary Standing Committee for
Finance visited Rabobank's Chairman of the Executive Board,
Wiebe Draijer. Rabobank regularly consults with members
of the various political parties on a regular basis. In 2015,
Rabobank participated in various international state visits and
trade missions.The bank has set out its standpoints in a series
of position papers, which are also available on our corporate
website.
72 Rabobank Annual Report 2015