UmweltBank
| Industry:Commercial Banks | ISIN:DE0005570808 | Country:DE | CRR:A- |
Company Profile:
The UmweltBank is a direct and advising bank, which is specialised
in ethical and ecological financial services.
Strengths/weaknesses profile:
Strengths:
oekom research's rating system classifies this company as a
Potential. A prerequisite for recognition as a Potential is that a
significant proportion of turnover be earned from sustainable
products and services, in this case in the area of sustainable
finance.
Weaknesses:
Since potentials are generally small and medium-sized companies,
their management structures for social and environmental issues are
often less well developed.
Reasons for inclusion in the Index:
The UmweltBank is specialised
in ethical and ecological financial services. With its "Eco
garanty" the UmweltBank commits itself to provide loans only to
environmentally friendly projects. The compliance to this
committment is controlled by an independend advisory board. The
UmweltBank provides comprehensive transparency on the criteria for
its loan business and the structure of its loan portfolio.
Company website:www.umweltbank.de