Annual Report

The report describes LBBW's 2019 progress in sustainability, including signing the United Nations' Principles for Responsible Banking and expanding sustainable finance. The company issued its first EUR 500 million social bond and continued issuing green bonds, including green senior non-preferred and green covered bonds. Its sustainability program also delivered green-electricity purchasing for 2020 and 2021 and expanded sustainability risk and employee initiatives. The non-financial statement explains the Group-wide sustainability policy, materiality analysis and environmental management approach.