Acting on our commitment

NORD/LB is a sustainable bank. Integrating sustainability into its core business is an essential lever for securing the forward-looking orientation and competitiveness of the NORD/LB Group, its clients and business partners for the long term.

In its North German business territory, NORD/LB is closely linked with the business sector in Lower Saxony and Saxony-Anhalt. The economic profile of these two federal states with their shipbuilding, aircraft manufacturing and renewable energy engineering industries, agriculture and a strong small and medium enterprises (SME) community has a direct influence on NORD/LB's business model, with its deliberate focus on the Corporate Customers, Ship and Aircraft Customers and Energy and Infrastructure Customers business segments.

As a lender, NORD/LB has a business model which is closely entwined with the real economy and finances enterprises in all sectors of the economy.

Along with its regional orientation, the bank's corporate goal is to be a dependable financial partner for its customers. NORD/LB is a member of the Sparkassenverbund association of savings banks and cooperates closely with the regional savings banks to create comprehensive solutions for the SME sector.

As a bank and public-law institution, NORD/LB bears a special responsibility for economic development and social cohesion. NORD/LB regards both its social engagement and its conscientious business practices, with clear ethical principles and the status of role model for integrity and legal compliance, as part of this social responsibility.

Sustainability Strategy 2020

For the NORD/LB Group, sustainability is first and foremost a question of attitude. Direct and indirect support for stable development through its own business practices is part of its public mandate.

The NORD/LB Group is convinced that many aspects of global change will bring opportunities and risks for its clients and will therefore influence our business activities. The Sustainability Strategy addresses the key aspects of global change for the NORD/LB Group and its clients and shows ways to efficiently utilise emerging opportunities and responsibly manage risks. By taking a systematic approach to sustainability, the NORD/LB Group ensures that the necessary sustainability aspects are taken into account in its business activities.
The NORD/LB Group and its employees therefore see themselves above all as supporters of their clients, enabling them to more firmly anchor their business activities and investment decisions in the context of "sustainable development".

Further information
>Sustainability Strategy (PDF, 37 KB)

Significance of ESG risks

ESG risks are risks that can arise in a business or business relationship in consequence of environmental, social or governance factors.

ESG risks contribute to reputational risks, which in turn are classified and summarised under operational risks.

For more information on NORD/LB ESG risks see the chapter "Governance" in the >2016 Sustainability Report (German) (PDF, 1,4 MB)

NORD/LB ESG guidelines

NORD/LB has established guidelines to direct and govern the economic, environmental and social aspects of its conduct of business (ESG approach).

The ESG guidelines supplement existing guidelines and principles of strategy and governance, thus enabling comprehensive management of the portfolio. Among other things they define exclusion criteria for transactions in which NORD/LB will take part.

For more information on NORD/LB ESG guidelines see the chapter "Governance" in the> 2016 Sustainability Report (German) (PDF, 1,4 MB)


UN Global Compact
Deutscher Nachhaltigkeitsindex
Charta der Vielfalt
Mission Statement NORD/LB



Guideline for Environmental Impact of our Business Activities
Environmental Guideline
Guideline for Corporate Environmental Protection
Guideline for Climate Change
Guideline for Human Rights and Labour Standards
Trading Strategy Financial Markets
Purchaising Guideline
Guideline for Prevention of Money Laundering
Fraud Prevention Policy
Principles for Staff Transactions
Guideline for Dealing with Stakeholders
Guideline for Dealing with Tax Law Requirements
Framework for financial sanctions
Guideline for Responsible Marketing



Guideline for Hydrolectric Power
Guideline for ESG Requirements for Project Finance
Guideline for Sustainable Ship Financing
Guideline for Dealing sustainably with renewable/ not renewable Resources
Guideline for Sustainable Real Estate Financing

Guideline for Sustainable Aircraft Financing

Guideline for Weapons and Armament Transactions
Guideline for Pornography





Sustainability Rating: neutral CCC
Uncovered Bonds: CCC
Public Sector Pfandbrief: positive BBB
Mortgage Pfandbrief: positive BB
Ship Pfandbrief: positive B







Corporate Rating: C+ Prime

Corporate Rating: AA

       64 of 100 points