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.
This happens on two levels in the NORD/LB Group: in managing the indirect environmental consequences of business activities and in corporate environmental protection.
In respect of indirect environmental consequences of business activities, a guideline has been in place at NORD/LB since 2013 on the environmental impacts of conducting business. It covers such issues as the implicit environmental consequences of specific project investment initiatives. Further guidelines cover aspects of relevance for NORD/LB such as climate change and hydroelectric power generation.
NORD/LB's corporate environmental management also comprises an Environmental Guideline and all environmentally relevant parameters under an environmental management system based on the ISO 14001 standard. This includes energy and resource consumption at all levels of business operations along with the resulting greenhouse gas emissions.
For more information see the chapter Banking in the
>2015 Sustainability Report (PDF, 4,7 MB)
Selected environmental indicators
Materials employed by weight or volume and portion of recycled materials
|Paper consumption (in t)||331||336||305|
|– of which recycled paper||39||31||40|
|– of which virgin fibre paper (ECF and TCF)||281||293||265|
|– of which virgin fibre paper, chlorine bleached||11||13||0|
|Percentage of paper with sustainability label||92%||98%||80%|
|Paper consumption per employee (in kg)||52||51||48|
Direct energy consumption by primary energy source (in gigajoules (GJ))
|Emergency generator fuels (petrol, diesel)||45||83||275|
|Petrol consumption for vehicles||1.424||3.906||607|
|Diesel consumption for vehicles||24.722||22.359||23.805|
Greenhouse gas emissions using Greenhouse Gas Protocols method
|(in t CO2)||2013||2014||2015|
|Scope 1: Direct CO2 emissions|
|Emergency generator fuels||3||6||22|
|Petrol (service vehicles)||111||308||57|
|Diesel (service vehicles)||1,868||1,690||1,792|
|(Scope 1 subtotal)||(4,331)||(4,117)||(3,794)|
|Scope 2: Indirect CO2 emissions|
|(Scope 2 subtotal)||(3,453)||(4,186)||(4,347)|
|Scope 3: Indirect CO2 emissions, 3rd-party|
|Passenger and goods transport (e.g. business travel)||2,449||2,471||2,473|
|(Scope 3 subtotal)||(4,060)||(4,220)||(4,645)|
Total weight of waste by type and and method of disposal (in t)