At Deka, profitability is not the only thing that counts: We also take environmental and social criteria into account in our investments.
Sustainability in the Securities business division
Deka excludes companies that manufacture anti-personnel mines or cluster munitions. Manufacturers of small arms are also a taboo. We do not issue products that directly reflect the price development of food.
Deka Investment offers the “Deka-Nachhaltigkeit” product range for private investors. These equity, bond or balanced fund portfolios meet the special criteria of sustainable investment. Examples include:
the Deka-UmweltInvest fund, which exclusively invests in companies in the areas of climate and environmental protection, water management and renewable energies, and
the Deka Portfolio Nachhaltigkeit Globale Aktien fund, which was launched in 2019.
In 2018, we introduced a sustainability filter for the fund liquidity of all mutual funds and parts of the special funds in the AMI business division. Both are based on the principles of the UN Global Compact.
Equipment and management of buildings
Deka signed a cooperation agreement with the PropTech provider MeteoViva Climate in 2019. The aim of this agreement is to optimise energy consumption and reduce CO2 emissions. In addition, a centralised consumption database will be created in cooperation with MeteoViva Climate. This has reduced energy costs in buildings equipped with MeteoViva Climate by up to 40 percent.
Use of renewable energies
Deka has an ongoing contract to purchase renewable energies in Germany. In 2019, it extended the contract by two years. Compared with the German electricity mix at the end of 2019, in which fossil fuels still have a high share, this has saved 33,000 tonnes of CO2.
Building certificates offer the opportunity to measure and compare sustainability criteria according to both independent and established and recognised standards. The focus is on the comprehensive evaluation of a property from social, environmental and economic aspects over its entire life cycle. At the end of 2019, a total of 258 properties worth around EUR 26.7 billion were certified. This corresponds to a certification ratio of around 68 per cent in relation to Deka’s total real estate assets.
In the area of commercial real estate financing, DekaBank concentrates on transparent markets worldwide, meaning liquid markets with a secure legal environment. Due to their size, transparency and liquidity, these markets are of central importance for the Real Estate business division.
When making investments, we look at more than just profitability: With every new business transaction, we also analyse environmental and social criteria for real estate loan financing and include them in the evaluation.
DekaBank’s special-purpose financing comprises transport financing, infrastructure and export financing and also Sparkasse and public financing. Ships we finance must also fly a flag listed by the Paris Memorandum of Understanding on Port State Control and comply with IMO 2020 requirements. Ships we finance must also fly a flag listed by the Paris Memorandum of Understanding on Port State Control and comply with IMO 2020 requirements.
The infrastructure and export credit portfolio includes financing for wind and solar parks, hydropower plants, research centres, hospitals and roads. A further focus is on municipal utilities that implement new energy concepts with the objective of substituting coal-based electricity with renewable energy sources.