Facing environmental challenges

Against the background of negative environmental developments on the global level, including climate change, water and resource scarcity, deforestation and threats to biodiversity, business and society are called to contribute to protecting the natural environment. 

Corporate environmental policy - an integral component of our company’s policy

Our sustainable activities are based on an active approach to environmental protection, which is an integral part of our corporate policy. Our company’s environmental policy, which is based on ISO 14001, is a core element of our sustainability management. Since 1990, we have been continuously reducing the impact that we have on the environment while also reducing our energy and resource costs. In doing so, we not only reduce our impact on the environment and increase our corporate performance, but also strengthen our position as an environmentally responsible enterprise.

We also actively participate as a member of the Verein für Umweltmanagement und Nachhaltigkeit in Finanzinstituten e.V. (VfU), especially in its “Environmental Concerns for Business” forum.

Organisation of corporate environmental policy

To increase our environmental efficiency, we set demanding goals and report to external parties on the status of achievement of these goals in our sustainability report. We have integrated our activities into the organisation of the procedures and processes of our banking operations from the outset. The organisation of our corporate environmental policy follows a networked structure, in which each Group company has appointed a coordinator for corporate environmental policy as well as local environment partners in the specialist departments. With the aid of an internal environmental “balance sheet”, the Group Environment Team manages the resource and energy flows of the NORD/LB Group, defines environmental protection goals, coordinates measures to achieve these, and conducts training.

 
Environmental management system of the NORD/LB Group

For more information see the chapter Banking in the
>2017 Sustainability Report (PDF, 1,3 MB)


Selected environmental indicators

Materials employed by weight or volume and portion of recycled materials

  2016 2017 2018
Paper consumption (in t) 299 282 237
– of which recycled paper 33 24 16
– of which virgin fibre paper (ECF and TCF) 265 285 221
Percentage of paper with sustainability label 80% 78% 80%
Paper consumption per employee (in kg) 48 46 45

Direct energy consumption by primary energy source (in gigajoules (GJ))

  2016 2017 2018
Natural gas 24.496 31.891 26.295
Heating oil 296 243 266
Emergency generator fuels (petrol, diesel) 159 5 41
Petrol consumption for vehicles 677 1.391 3.238
Diesel consumption for vehicles 23.351 20.676 15.204
Total 48.979 54.206 45.045

Greenhouse gas emissions using Greenhouse Gas Protocols method 

(in t CO2) 2016 2017 2018
Scope 1: Direct CO2 emissions      
Natural gas 1.349 1.756 1.448
Heating oil 23 19 21
Emergency generator fuels 13 0 3
Petrol (service vehicles) 50 120 238
Diesel (service vehicles) 1.758 1.556 1.138
Refrigerant leakage 223 499 837
(Scope 1 subtotal) (3.416) (3.950) (3.685)
Scope 2: Indirect CO2 emissions      
District heating 1.699 1.667 2.079
Electricity 341 482 1
(Scope 2 subtotal) (2.043) (2.149) (2.080)
Scope 3: Indirect CO2 emissions, 3rd-party      
Electricity 297 257 139
Heating 880 987 1.14
Passenger and goods transport (e.g. business travel) 2.275 2.268 1.966
Paper 350 331 279
Water 54 51 47
Waste 344 259 242
(Scope 3 subtotal) (4.220) (4.262) (4.200)
Total Scope 1-3 9.658 10.251 9.452
Relative per employee (in kg) 1.567 1.661 1.806

Total weight of waste by type and and method of disposal (in t)