Sustainability Report 2022Discourse on sustainability management

KfW Group supports the transformation of the economy and society towards more sustainable economic systems in Germany, Europe and around the world. We ensure this claim through strategic measures and in operational business in several ways.

Strategically driving transformation

As a transformative promotional bank, KfW Group wants environmental and climate goals to be compatible with socially just change. For this reason, we pursue sustainability-oriented bank management, which we have anchored in our strategic target system and operationalised with tranSForm.

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Illustration of an office scene. Two women are talking to each other a man is wa-tering a large plant. At a desk, a woman is sitting in a wheelchait and working on her laptop.

Illustration of two KfW employees in discussion, in front of a wall with graphics and charts. Next to them, there is a water dispenser and an aquarium. Additionally, the sustainable development goals 6, 15 and 14 are depicted.

Anchoring sustainability at the organisational level

KfW Group is committed to sustainable development in Germany and around the world. Sustainability not only plays a key role in the core business focus, but is also prioritised and further developed in-house. The cross-cutting issue is anchored accordingly throughout the entire group.

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ESG risks: how strongly do they affect the creditworthiness of our business partners?

In ESG risk management, KfW Group translates environmental, social and governance risks into financial risks. A new database application is expected to be operational in 2023.

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Illustration of a conversation at a meeting table. Three people are talking, behind them hangs a graphic symbolizing the KfW ESG risk management. One of the women is sitting in a wheelchair and is presenting the graphic.

Illustration of the Stakeholder Round Table. Six people are talking in an open environment, next to them there is a flip chart.

Municipalities: where transformation happens

Sustainability is done locally – global concepts need local players. But what exactly do municipalities require to cope with the transformation towards more sustainability? KfW spoke about this at a dialogue event with municipal stakeholders.

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