Corporate responsibility & corporate citizenship
Social responsibility and commitment in sharp focus
Our commitment to social causes and education, to art and culture, and to science and research shows how we stand by our social responsibility.
Instead of scattering its donations far and wide, BayernLB has decided to focus on selected projects, in particular the cooperation with Sternstunden e.V.
In the field of sponsorship, we concentrate on education and scientific partnerships.
We achieve our goals in compliance with all legal requirements and in consideration of human rights. BayernLB always regards the relevant regulations as minimum requirements. Political parties, in particular, are excluded from donations.
UN Global Compact – Longstanding commitment to respecting human rights
By signing the declaration to join the UN Global Compact in September 2021, the BayernLB Group commits to respecting and promoting basic human rights, to fair working conditions, to fighting corruption and to promoting sustainable development. This demonstrates the great commitment with which we have stood up for human rights, labour standards, environmental protection and fought against corruption for many years.
The principles of the Global Compact serve as an important guide for our day-to-day activities. They are rigorously supported by BayernLB and its Group subsidiaries and put into practice wherever they do business.
Corporate citizenship primarily in the areas of education, children & young people and social issues
Since it was established in 1993, BayernLB has supported Sternstunden e.V, a charity campaign run by Bavaria's broadcasting service, Bayerischer Rundfunk. The non-profit association campaigns for the welfare of children who are sick, disabled or facing hardship.
Over the past 29 years, the association has raised more than EUR 350 million to support over 3,730 children's aid projects. By absorbing the management costs, BayernLB has managed to ensure that each and every euro donated goes towards the projects. BayernLB also supports Sternstunden e.V. by providing facilities such as office space and equipment, as well as communication facilities – all free of charge. In addition, BayernLB takes care of the printing and dispatch of bank transfer forms for the donations as well as the processing of all transactions, again pro bono.
BayernLB supports the Bavarian State School for the Disabled as part of its Sternstunden commitment: every two years, BayernLB organises and hosts a charity exhibition in its gallery space at Brienner Strasse 20 in Munich for the benefit of Sternstunden and the State School. The proceeds are divided equally between the Bavarian State School and Sternstunden e.V. and help to make children happy who are not on the sunny side of life. For the young artists it is also a challenge and recognition to appear in public with their artistic creations. The fundraiser at the end of 2019 raised the impressive sum of more than EUR 16,000 in aid of the Bayerische Landesschule für Körperbehinderte and Sternstunden e.V.
Donations & corporate volunteering
With its corporate volunteering scheme, BayernLB supports the voluntary commitment of its employees. Every employee can be released from his or her professional duties for two working days a year and can contribute energy and ideas to projects that are close to their hearts.
Since October 2012, BayernLB has been an official corporate partner of the non-profit organisation JOBLINGE gemeinnützige AG Munich. Under the cooperation, BayernLB supports the initiative by assuming the costs for scholarships to qualify unemployed young people for an apprenticeship or a job. Since 2009, BayernLB employees have volunteered as mentors for young people under JOBLINGE.
Since 2018, we have also partnered with Volunteer Vision, a social entrepreneurship scheme that develops and delivers 1:1 digital mentoring programs for businesses. Employees can support refugees in learning German as part of a language mentoring programme or help young people who are socially disadvantaged due to their origin or living conditions to start a career.
The group subsidiary BayernInvest has a cooperation agreement with the Otto-Steiner school, a privately-run support centre that provides education for young people with disabilities. Helping the school with renovation work is one of the forms of support provided by BayernInvest employees.
