Contents Foreword Management report Corporate governance Consolidated Financial Statements Company Financial Statements Pillar 3
Benchmark
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 of Sustainalytics to integrate
environmental, social and governance factors in their investment.
The TB 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 Fair Finance Guide an initiative of
the following six Dutch civil society organisations: Amnesty
International, Dierenbescherming, FNV, Milieudefensie, Oxfam
Novib, and PAX. The goal of the Fair Finance Guide is to improve
the sustainability policies and practices of banks that are active in
the Netherlands.
Performance Rabobank Group in 2016
In 2016, Rabobank received 91 points and with that ended in 7th place
in the banking category. This is an increase in points on the 87 points
Rabobank earned in 2015. However, our relative position fell back two
positions compared to 2015, when we ranked 5th. This indicates that our
peers are also striving to improve their sustainability performance to realise
a more sustainable world.
In 2016, Rabobank ranked 2nd out of a peer group of 396 financial
institutions and has increased from 80 to 85 points overall. This is a rise
of nine positions compared to 2015. This ranking in the top 5% classifies
Rabobank as an 'Industry Leader'. Sustainalytics ranks Rabobank as number
1 out of 396 banks on the subcategory Environment.
Rabobank scored 188 points on the TB with the integrated Annual Report
2015. This is 19 points higher than last year. Rabobank ranked 2nd place in
the financial sector and 11th overall.
Rabobank's Fair Finance Guide score has increased over the past years
as Rabobank has taken important steps to improve transparency and to
improve the clarity and consistency of its sustainability policies. In 2016 the
Fair Finance Guide rates Rabobank 'satisfactory' to 'good' on the majority of
the 21 topics evaluated this year, but feels Rabobank needs to aim for more
on a number of topics including climate change.
The Fair Finance Guide compares the 10 main Dutch providers of
individual payment and savings accounts with regard to ethical
and sustainability topics it has prioritised. The report evaluates
the investment and financial policy of Dutch banking groups and
looks at certain themes and sectors, such as, 'labour rights', 'animal
welfare', 'housing and real estate' and 'arms'.
The reporting agencies provide feedback regarding Rabobank's
methods of integrating sustainability into its business
operations. They also indicate how successfully Rabobank does
this 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 2016.
68
Rabobank Annual Report 2016
