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ESG-Ratings of KfW Group
KfW Group understands sustainability as a transformative process and aims to support and accompany the transformation of the economy and society. Therefore, KfW wants to improve the economic, environmental and social living conditions in Germany, in Europe and around the world. As a result of the comprehensive approach to sustainability topics, KfW Group has for years received very high scores from independent sustainability rating agencies and occupies a top ranking in their international sub-industry comparisons.
The independent ESG rating agencies analyze and rate KfW based on environmental, social and governance aspects. KfW focuses on the results of the rating agencies ISS ESG, Sustainalytics and MSCI. In addition to environmental management and the products and services offered, many other aspects are considered. These include, for example, attractive working environment, diversity and equal opportunities, responsible procurement and anti-corruption measures.
| ISS ESG Corporate Rating (18.08.2022) | Absolute rating: B- (on a scale of A+ to D-). Prime status was awarded based on KfW's performance above the sector-specific threshold. |
| Sustainalytics ESG Risk Rating1) (16.12.2022) | Score achieved: 5.4 out of 100 possible points (0 = best possible score), assessed in the lowest available risk category: "Negligible Risk”. |
| MSCI ESG Rating2) (23.12.2022) | AAA (on a scale of AAA to CCC). |
Cut-off date related information. There may be interim updates by ESG rating agencies. These can be found under this link.
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2) Disclaimer Statement MSCI: The use by KfW of any MSCI ESG Research LLC or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of KfW by MSCI. MSCI services and data are the property of MSCI or its information providers, and are provided ‘as-is’ and without warranty. MSCI names and logos are trademarks or service marks of MSCI.
