*4 0 0 Contents Introduction Management report Appendices Corporate governance Consolidated Financial Statements Company Financial Statements Sustainably Successful Together The SST programme commits us to integrating sustainability into all relevant policies, processes, products and services. Our group-wide sustainability goals are: 1Strengthening the vitality of communities 2. Accelerating sustainable agriculture and food supply 3. Collaborating with corporate clients to make their businesses more sustainable 4. Providing retail customers with not only the best and most suitable financial advice and products but also a positive contribution to sustainable development 5. Our staff consider sustainability an integral part of customer service. A report detailing the progress of our SST programme can be found here. The following sections highlight the most substantial sustainable developments. Sustainability Policy Framework Realising our sustainability ambitions requires in-depth knowledge of the performance of our corporate customers. The Sustainability Policy Framework is designed for all Rabobank stakeholders of Rabobank and forms the basis of our sustainability standards for business relationships, and for providing financial products and services. Examples of updates of the Sustainability Policy Framework in 2017 are the exclusion by Rabobank from direct financing of the extraction of coal or coal-fired power plants, gas extraction under the Dutch Wadden Sea in the Netherlands, and the decision to add depleted uranium and white phosphorus for use in weapons to the list of controversial weapons. The Sustainability Policy Framework can be found at https://www.rabobank.com/en/about-rabobank/ in-societv/sustainabilitv/vision-and-policv/vision-sustainablv- successful-tooether.html. Rabobank Climate Strategy Climate change is rapidly becoming one of the most important global issues impacting society. We take a professional approach to managing climate-related risks and actively seize opportunities to integrate these risks into our products and services. In 2017 we drew up the Rabobank Climate Strategy. The strategy describes our ambitions in respect of climate issues on identifying and managing the key climate-related opportunities and risks for Rabobank and our customers. By offering financial support, sharing knowledge and connecting parties, Rabobank can help customers to mitigate their impact Rabobank Sustainable Development Policy Commitment Expectations Core Policies t Environment Human Rights Labour Standards Anti-Corruption Theme Policies Animal Welfare Biodiversity Gene Technology Investing in Agricultural Commodities Derivatives Land Governance Sector Policies Armaments Industry Biofuels Cocoa, Coffee Cotton Extractive Industries Fishery Forestry Livestock Farming Palm Oil Ship Recycling Soy Sugarcane Rabobank Annual Report 2017 - Management report 36

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Annual Reports Rabobank | 2017 | | pagina 37