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De Volksbank wants to make a relevant and positive contribution to society by focusing on financial resilience and sustainability. By issuing Green Bonds, de Volksbank wants to add another element to its value chain.
Responsibility for society
We want to make a positive contribution to society. With our core activities mortgages, savings and payments, we can have a considerable positive impact on sustainability in our chain and our customers' financial resilience. We have made our ambition measurable by means of objectives for a 45% climate-neutral balance sheet by 2020, rising to 100% by 2030, and an objective with regard to financial resilience.
Our long-standing commitment to sustainability is recognized by independent sustainability rating agencies that assess our sustainability performance annually. According to these several sustainability rating agencies, de Volksbank has a leading position in environmental, social and governance issues.
We designed a Green Bond Framework that meets the highest standards on transparency and disclosure, and aligns with the ICMA Green Bond Principles (GBP). We have had our green bond externally assessed by ISS-oekom, a sustainability rating agency, based on quality, sustainability and transparency, in accordance with the GBP.