Sustainability in our products
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
The Deka investment process fundamentally incorporates exclusion criteria:
- For example, manufacturers of banned and controversial weapons, such as anti-personnel mines, cluster munitions, or biological and chemical weapons, are excluded from direct investments. [*]
- Investments are not made in companies that are significantly active in the coal sector. [**]
- Additionally, the Deka Group does not offer products that directly track the price development of staple foods.
[*] In the case of investments by our funds in funds managed by capital management companies not belonging to the Deka Group, investments in manufacturers of banned and controversial weapons cannot be fully excluded.
[**] For all actively managed public funds of Deka Investment GmbH without sustainability characteristics, with a revenue share of 15% or more in coal mining and a revenue share of 25% or more in coal-fired power generation.
Sustainability in the business area of Real Estate Asset Management
"Sustainable together. With good reason."
Embedded in the Deka Group's sustainability strategy, Deka Immobilien has developed its own sustainability strategy based on the principle “Sustainable together. With good reason". As the Deka Group's real estate specialist, Deka Immobilien aim to be one of the leading providers of sustainable open-ended real estate funds. In doing so, we attach great importance to sustainable standards and take responsibility towards future generations seriously.
Our aim: Climate neutral by 2050
In line with the Paris Climate Agreement, Deka Immobilien aims to limit global warming to below 2°C compared with pre-industrial levels and to achieve climate neutrality for all business activities and the entire portfolio by 2050.
Our path to these environmental goals:
In order to achieve these goals, six concrete product-related goals were formulated in addition to overarching business goals. Some selected actions are:
- Establishment and expansion of a sustainable product range
- Reduction of the CO2 footprint of the properties of the investment funds
- At the same time, the orientation towards corresponding decarbonisation paths of the EU
- Expansion of green leases in the products
- Increase in the certification rate of the fund properties
- Exclusion of issuers in the fund that produce more than 10 percent coal or convert 30 percent coal into electricity
Learn more about sustainability at Deka Immobilien.
Sustainability in the lending business
In its lending business, Deka always applies its financing principles, which are based on the Deka Group’s credit risk strategy.
Due to the ESG criteria in its lending business, Deka Group has excluded various types of financing as a matter of principle for some years now (see the negative list in the Sustainability Report). In addition, we have defined sustainable investment areas in which we intend to become more active (see the positive list in the Sustainability Report).
Due to the ESG criteria in its lending business, Deka Group has excluded various types of financing as a matter of principle for some years now (see the negative list in the Sustainability Report). In addition, we have defined sustainable investment areas in which we intend to become more active (see the positive list in the Sustainability Report).
Real Estate Lending
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.
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.
Special-purpose financing
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 renewable energy generation and its infrastructure, including wind farms, solar parks and hydropower plants. A further focus is on municipal utilities and suppliers implementing modern and sustainable infrastructure investments, particularly as part of the energy transition.
Read more about our financing of wind farms in Scandinavia in the 2022 Sustainability Report.
The infrastructure and export credit portfolio includes financing renewable energy generation and its infrastructure, including wind farms, solar parks and hydropower plants. A further focus is on municipal utilities and suppliers implementing modern and sustainable infrastructure investments, particularly as part of the energy transition.
Read more about our financing of wind farms in Scandinavia in the 2022 Sustainability Report.