Contents Introduction Management report Appendices Corporate governance Consolidated Financial Statements Company Financial Statements
Topic boundaries
Material topics 2017 Definitions 2017
15 Facilitate transition The activities Rabobank does to facilitate
to a more developments towards a more circular and
sustainable and sustainable economy, including initiatives such
circular economy as the Circular Economy Challenge and the
activities related to impact investments and
sustainable bonds.
16 Developing human Rabobanks'employees are given every
capital and talent opportunity within an inspiring work
management environment and use their talents and develop.
Stimulating
diversity and
equality
Fair remuneration
and education
The level of rewards for Rabobank' employees
based on socially responsible and relatively
moderate course within the framework of laws
and regulations.
Director
'Indirect'
influenced
by Rabobank
activities
Direct Indirect
impacts through
business
relationships
Clients/
Investments.
Direct
Progression, expansion and internationalisation Direct
of diversity and equality within Rabobank
(proportion of women in top 50, widening
towards cultural diversity, diversity is
broadened to international policy).
Direct
Effect'Inside'or
'Outside' own
company
Outside
Inside
Inside
Inside
Netherlands/
International
(including
Netherlands)
International
Service lines
(Domestic retail
banking, WRR,
Leasing, Real
estate) for which
the topic is most
relevant
Related
stakeholder
groups
WRR, Leasing Society
Real estate
International All service lines Employees
International All service lines Employees
International All service lines Employees,
Board
Data collection of non-financial information
The collection of non-financial information is coordinated
centrally within Rabobank Group.The Sustainability department
is responsible for sustainability data collection, in cooperation
with Finance Control. Other non-financial information of
Rabobank Group divisions and local Rabobanks is obtained
via Rabobank's automated central management information
system. Data which is not recorded in the central system is
collected via qualitative and quantitative questionnaires (which
are based on internal business principles, policies and external
guidelines which are approved by Rabobank Group) or received
from external parties. The coordinator of the respective Group
division/ local Rabobank is responsible for collecting and
reporting the non-financial information. Finance Control and
the Sustainability department perform plausibility checks after
submission, where after appropriate actions are taken in order
to optimise the data quality.
The data with regard to Rabobank's internal business operations
is mostly based on Rabobank's automated central management
information system and on invoices from our providers. Reliable
sources and established protocols are used for conversion
factors. The climate footprint is calculated according to the
most recent directives of the Greenhouse Gas Protocol (GHG)
and the associated C02 conversion factors originate from,
among others, DEFRA, and the IEA.
Most data is gathered on a regular basis in the central
management information system. Some information is gathered
only once a year as part of the annual reporting process.
Preparation of the Annual Report
Rabobank has organised the process for producing its Annual
Report and Interim Report as follows: at the behest of the
Managing Board an Annual Report Steering Group was set up,
from which an Annual Report Working Group was created. The
following disciplines are represented in both the Steering Group
and the Working Group: Executive Board Secretariat, Finance
Control, FIR, Investor Relations Rating Agencies, Sustainability,
Integrated Risk Management, Audit, and Communications and
Corporate Affairs.The Annual Report Steering Group agrees
on the different tasks, roles and responsibilities relating to the
production of the Annual Report and Interim Report. Before
work started on gathering information and writing the Annual
Report, the chair of the Annual Report Steering Group and the
Managing Board decided on the structure and key messages of
the report. The Working Group then translated these guidelines
into drafts, which were subsequently reviewed by a committee
of members from the Working Group, Steering Group and other
key employees. The draft texts of the Annual and Interim reports
are discussed twice in the respective meetings of the Managing
Board, the Supervisory Board and the Audit Committee.
Assurance
We believe that reliability of the information included in this
report is crucial for us and for our stakeholders. For that reason,
assurance is provided for the Rabobank Annual Report 2017 by
PwC (the texts on our external website are outside of the scope
of assurance). For more information on PwC assurance, we refer
to the Independent Auditor's Report.
Rabobank Annual Report 2017 - Appendices
101
