Wiesbaden, 17 October 2012 – Aareal Bank Group is the best newly rated German company in the 2012 Carbon Disclosure Project (CDP). This is the first time that Aareal Bank has been rated by the international non-governmental organisation, which honoured the Bank’s outstanding investor transparency when it comes to communicating information about climate-related data. Aareal Bank’s first participation in the CDP resulted in a disclosure score of 67 out of a possible 100 points, well above the average for the rated companies.
For Aareal Bank, this is the second award this year in the field of sustainability. Following an extensive rating process, Aareal Bank Group was awarded ‘Prime’ status by rating agency oekom research in May this year. This is awarded to companies that are leaders in their sector in oekom’s ‘Social and Environmental Performance’ corporate rating and that meet minimum sector-specific criteria.
“Sustainability has long been an integral element of our business activities at Aareal Bank Group”, said Henning Zander, Head of Sustainability Management at Aareal Bank Group. “At the beginning of this year, we started bundling together both our existing and newly initiated activities in the field of sustainability and defining clear goals and measures that reach right into our core business. The ratings we have received from the Carbon Disclosure Project and oekom research demonstrate that we’re on the right track.”
The Carbon Disclosure Project (CDP), established in 2000 and headquartered in London, is an independent, not-for-profit organisation that has the world’s largest database of corporate climate change information. It collects and analyses climate change strategies and greenhouse gas emissions data from the world’s largest listed companies in more than 60 countries. The CDP is financed by a broad range of sponsors, as well as by membership fees and funding received from special projects and partnerships.
Oekom research is one of the world’s leading rating agencies in the field of corporate responsibility. It analyses the social and environmental performance of listed companies and sovereign issuers on behalf of its clients, including international banks, asset managers and institutional investors.