Contents Introduction Management report Appendices Corporate governance Consolidated Financial Statements Company Financial Statements
on climate change and adapt to the new reality. We are an
active member of the United Nations Environment Programme
(UNEP) pilot project on implementing the recommendations of
the Task Force on Climate-related Financial Disclosures as well
as the Platform for Carbon Accounting Financials. Please refer to
www.rabobank.com for more information on the Rabobank
Climate Strategy and other initiatives.
Human Rights
Human rights are universal - to be enjoyed by all people, no
matter who they are or where they live. Relevant issues include
rights to adequate housing, food, water and sanitation, rights
of indigenous peoples, rights to self-determination, and rights
to privacy. Rabobank recognises the importance of its role
in an international business community, and recognises that
the economic activities of its own operations may impact
human rights.The Rabobank Sustainabilitv Policy Framework
contains a separate extensive Human Rights Policy including a
description of Rabobank commitments to ensure a mitigation
of potential human right risks as much as possible. This policy
is fully integrated in our client photo and expert opinion and
engagement-processes, with underlying KPIs. We respect and
uphold the international human rights described in the United
Nations Declaration of Human Rights and are guided by the
United Nation's Guiding Principles on Business and Human Rights.
Sustainable impact for our customers
We aim to collaborate with corporate clients to make their
businesses more sustainable and with our retail customers to
also give a positive contribution to sustainable development.
We promote and support sustainable frontrunners and give
them priority in financing. In below table, the total amount of
our sustainable products and services are shown. Some of the
highlights are elaborated on below. For a detailed overview of
sustainable products and services, please refer to appendix 3.
Number of clients per sector
Food Agri
Trade, industry and services
Other and unclassified
Unknown
Total in numbers
Total in
Receivables from clients in millions of euros
Total loans and advances
Total in%
KPI: Rabobank gives priority to sustainability leaders in financing
and will double the volume of the services provided to them.
Sustainable products and services
in millions of euros
2017
2016
Target2020
Total sustainable financing
18,610
18,791
Doubling of services
(base year: 2013)
Total sustainable assets
under management and
assets held in custody
4,030
3,835
Total sustainable funding
3,501
2,985
Doubling of services
(base year: 2013)
Total financial transactions
supervised by Rabobank
6,236
5,750
Customers as sustainable leaders
Rabobank wants to help its customers to develop a sustainable
business model.To gain better insight into the approach and
achievements of our customers in environmental, social and
governance (ESG) related matters, we have developed client
photo (Klantfoto). Account managers create a profile of their
wholesale clients and assign one of five sustainability categories
to them from 'sustainable leader'to 'does not adhere to
Rabobank's sustainability policy'. We have integrated the client
photo as a criterion for our primary lending process.
KPI: By 2020, all our corporate clients will have maximum access
to the sustainability expertise they require, and the sustainability
performance of all our larger corporate clients will be recorded in
a client photo.
Client photo
Number
2020 target
Local Rabobanks
14,192
98.4% 100%
Wholesale
1,413
72.5% 100%
Other Group divisions
n/a
n/a 100%
Sustainability performances of clients of local
Rabobanks in the Netherlands (exposure 1 mio EUR
A
B
C
D+
D
212
6,073
85
1
0
207
4,892
246
2
2
134
2,280
47
0
2
1
8
0
0
0
554
13,253
378
3
4
4%
93%
3%
0%
0%
Total
A
B
C
D+
D
43,518
2,323
39,803
1,290
4
99
100%
5%
91%
3%
0%
0%
Total
6,371
5,349
2,463
9
14,192
100%
Rabobank Annual Report 2017 - Management report
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