The Environment

pbb Group aims to make an active contribution to achieving the climate goals of the Paris Agreement and thus to consistently and permanently reduce its ecological footprint and avoid environmental impacts – by aligning its lending business with sustainability criteria, funding itself via “green” financial products, and by handling natural resources pbb Group has obligated itself to conducting its business in a sustainable and environmentally friendly way, and to identifying environmental risks that may arise in its business activities. Material reference points for this are especially the buildings used by pbb Group, the organisation of workflows, and the mobility of the Group’s employees.

Annual General Meetings, as well as Annual Press Briefings, Analyst Conferences and further internal events are carried out in a climate-neutral way.

Electricity is permanently saved by using energy-efficient office equipment, such as printers with the Energy Star certificate, and by a strict management of electronic devices in line with demand. Working processes are generally designed to be as paper-saving as possible. Hence, multiple electronic devices are used in order to replace paper-based processes.

The paper we use is certified as eco-friendly. pbb Group has refrained from the provision of printed interim reports since 2014, and stopped printing Annual Reports in 2019. We further support recycling by re-using cardboard boxes received as transport packaging.

The Travel Policy serves as a uniform groupwide standard for all employees’ business travel. Besides simplifying effective management and control of travel expenses within pbb Group, it also aims to provide an active contribution to environmental protection. Before commencing travel, employees are asked to consider whether the trip is generally necessary or can be replaced by video conferences. By supporting a climate project, greenhouse gas emissions resulting from flight and train travels as well as from hotel stays are put climate neutral.

Company cars have to meet well-defined CO2-emission standards in accordance with the Company Car Policy so as to limit their impact on the environment