Contents Introduction Management report Appendices Corporate governance Consolidated Financial Statements Company Financial Statements
Overview total sustainable assets under management for clients, sustainable funding and other transaction volumes
Total sustainable assets under management for clients and sustainable funding
in millions of euros
2017
2016
2015
2014
2013
Sustainable assets under management and assets in custody and sustainable funding
Sustainable assets under management and assets in custody
Private Banking1
4,030
3,073
1,915
1,258
735
Real Estate
02
370
410
381
286
International3
02
392
518
462
718
Total sustainable assets under management and assets in custody
4,030
3,835
2,843
2,101
1,739
Sustainable Funding
Rabo Green Bonds
500
500
23
24
258
Obvion Green Bonds
1,050
5004
Rabo Green Savings
1,791
1,867
1,957
2,093
2,140
Rabo Green Deposits
60
18
31
31
32
Rabo Socially Responsible Deposits
100
100
111
216
100
Total Sustainable Funding
3,501
2,9854
2,122
2,364
2,870
Total Sustainable assets under management and assets in custody including sustainable funding
7,531
6,8204
4,965
4,465
4,609
Transaction volume of other sustainabes services
in millions of euros
Financial transactions supervised by Rabobank (Including Green Bonds, IPOs and M&A transactions)5
6,236
5,7504
6,313
2,383
883
Fund management
Public Fund Management Netherlands assets
0
0
0
3,117
3,018
Equator Principles
The Equator Principles (EP) is a framework for risk management
by financial institutions for determining, assessing and
managing social and environmental risks in projects and project
financing. Rabobank was one of the first banks to subscribe
to the EP when they were adopted in 2003. In addition to our
sustainability policy and for the financial products falling within
the scope of the EP, we ask our clients to bring into focus and
address relevant environmental and social risks in accordance
with the relevant standards as stated in the EP.
Within Rabobank the relationship managers together with the
central sustainability department are responsible for the correct
implementation of the EP. As part of our sustainability assessment
of the client, all transactions are checked for applicability of the
EP. When the client applies for a new transaction, a checklist is
completed to ensure the correct application of the principles.
This checklist should be signed by the Sustainability Department
before the transaction can be executed.
We conduct a Social and Environmental Assessment for each
proposed project. The terminology to categorise the projects is
based on the International Finance Corporation's categorisation
process, and classifies projects into high, medium and low, in
terms of environmental and social risk.
The categories are:
Category A - Projects with potential significant adverse social
or environmental impacts which are diverse,
irreversible or unprecedented;
Category B - Projects with potential limited adverse social or
environmental impacts that are few in number,
generally site-specific, largely reversible and
readily addressed through mitigation measures;
Category C - Projects with minimal or no social or
environmental impacts.
1 The funds in this category have been selected on the basis of ESG
(Environmental, Social and Governance) criteria as used by Morningstar.
2 Figures for 2017 are zero due to sale of underlying fund(s).
3 This figure refers to funds from Asset Managers who are signatory to
the UN PRI
4 The 2016-figures have been adjusted to reflect the same measuring
method as used for 2017.
5 These transactions include the supervision of the Rabo and Obvion
Green Bonds 2017:1,550,2016:1,000.
Rabobank Annual Report 2017 - Appendices
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