It’s not peanuts: operational ecology in banks
When it comes to direct environmental and climate impact, it is sometimes said that the carbon footprint left by banks is relatively small compared with manufacturing companies. BayernLB is convinced that every company can and should make its own individual contribution towards protecting the environment through the economic use of raw materials and by reducing CO2 emissions. Furthermore, a bank can only provide credible support to clients transitioning to a climate-conscious and resource-friendly business approach if it does the same itself.
For this reason, BayernLB established an operational environment management system more than 20 years ago, which, since 1999, has been validated in accordance with the stringent European EMAS regulation. Since 2011, the environment management system has also been certified in accordance with the international management standard ISO 14001. In 2010, DKB began to bring its environment management at various locations into line with the requirements of the EMAS standard.
Today, more than two thirds of all Group employees work at locations that have a certified environment management system. At BayernLB Bank, the proportion is even higher, at over 90 percent. The Bank keeps looking to expanding its environment management system to further locations as well.
The environmental standards used require continuous improvement of environmental performance. Both BayernLB and DKB also want to systematically reduce their carbon footprint. BayernLB and DKB both provide an annual report of the progress made regarding environment management in their environmental statements.