Contents Foreword Management report Corporate governance Consolidated Financial Statements Company Financial Statements Pillar 3
Sustainability performances of clients of local Rabobanks in the Netherlands (exposure EUR 1 million)
Client photos of clients with an exposure above EUR 1 million
Number and exposure of clients EUR 1 million
Total
A
B
C
D+
D
Total in numbers
14,502
519
13,466
502
6
9
Total in
100%
4%
93%
3%
0%
0%
Receivables from clients in millions of euros
42,082
1,943
38,630
1,484
7
18
Total in
100%
5%
91%
4%
0%
0%
Client photos of clients per sector
Total
A
B
C
D+
D
Food agri
15,228
435
14,351
426
9
7
Trade, industry and services
17,839
624
16,056
1,126
13
20
Other and unclassified
8,136
307
7,441
373
8
7
Total in numbers
41,203
1,366
37,848
1,925
30
34
Total in
100%
3%
92%
5%
0%
0%
Sustainability performances of clients of wholesale offices
Client photos of clients with an exposure above EUR 1 million
Total
A
B
C
D+
D
Food agri
61
12
47
1
1
0
Trade, industry and services
677
186
416
69
2
4
Other and unclassified
795
202
509
79
2
3
Total in numbers
1,533
400
972
149
5
7
Total in
100%
26%
64%
10%
0%
0%
Receivables from clients in millions of euros
Total
A
B
C
D+
D
Total loans and advances
52,050
16,049
32,586
3,314
53
48
Total in
100%
31%
63%
6%
0%
0%
In 2016 Rabobank covered 99% of its portfolio of clients
with an exposure of over EUR 1 million with a client photo in
the Netherlands. In general the classification remained similar
between 2015 and 2016, but we do see a slight increase of
1% of clients improving their category from C to B, which
now equals 91%. The total number of D and D+ clients is 15
which is still under 1%. We actively engage with these clients
regarding their sustainable performance and we aim to help
them improve.
During 2016 local member banks also started to assign client
photo labels to clients with an exposure below the threshold
of EUR 1 million. The exposures of these clients have been
included in the client photo table for local member banks.
We also expanded the client photo coverage for our Wholesale
Clients. This part of the client photo covers 85% of the
corporate clients from international offices with an exposure
over EUR 1 million. What stands out is the high percentage of
frontrunners in our Wholesale domain, 26%. This matches our
ambition of being the preferred bank for leading sustainable
food agri Wholesale companies. The client photo figures are
not yet available for other entities of Rabobank.
Category
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.
79
Our output and impact: working with clients on sustainability risks and opportunities
