Our ESG Appraoch at Hauck Aufhäuser Lampe

Our ESG Appraoch at Hauck Aufhäuser Lampe

Sustainability is an integral part of everything we do

"The financial sector's required contribution to the transition to a sustainable economy will have a significant impact on banks' business policies. We are pleased to actively support this path."
Michael Bentlage, Chief Executive Officer (Chairman of the Board of Management) at Hauck Aufhäuser Lampe

Our ESG Strategy

With the creation of the 17 SDGs, it has become clear that sustainability is not only about climate protection, but also encompasses numerous environmental and social aspects and, from a corporate perspective, is extended to include aspects of corporate governance. Sustainability is firmly rooted in society and is one of the greatest collective challenges of our time. The acronym ESG (Environmental, Social, Governance) provides the framework for a comprehensive understanding of sustainability that we share as a company.

As a bank with more than 220 years of tradition, sustainable business practices have always been at the core of our values. For us, sustainability is not a trend, but a key lever for preserving and improving our current and future living conditions. It affects and is affected by each and every one of us every day.

As a company, we take this into account by consistently integrating sustainability criteria into our decisions and processes.

By formulating a holistic ESG strategy along the market, regulatory and organizational dimensions, and by defining an ESG value framework that covers the bank's entire value chain, we are developing a credible and authentic ESG identity for our bank.

We are driving the implementation of our ESG strategy on a daily basis by establishing a Group-wide ESG Function and an ESG Committee comprising all ESG-relevant business units. The ESG Function is anchored in an independent department within the Board of Management and reports directly to the Board of Management. Together with the ESG Committee, the ESG Function ensures the implementation of our ESG strategy to address challenges in an appropriate and continuous manner.

  • We continue to expand our range of sustainable products and services, and are regularly recognized for our efforts.
  • We provide transparency on our operational emissions by reporting our greenhouse gas emissions. This enables us to further reduce our emissions and offset them through climate protection projects.
  • We promote #genderdiversity through our membership in the “Fondsfrauen” network and provide ESG trainings for our employees.
  • Our social and cultural commitment is bundled in our cultural foundation (HAKS). Our other donations go to charitable organizations.
  • The personal involvement of our employees demonstrates our awareness of our social and environmental responsibilities.
  • We are a participant in the UN Global Compact, which underscores our commitment to good corporate governance.
  • Anti-money laundering, anti-fraud and data protection policies are part of our compliance framework.

UN Global Compact

As a bank, we are fully committed to the “Ten Principles of the UN Global Compact”, the core principles of sustainable business.

Hauck Aufhäuser Lampe Privatbank AG | UN Global Compact

What is the UN Global Compact?

The UN Global Compact was launched in 2000 as a United Nations initiative. Based on ten universal principles and the Sustainable Development Goals, the UN Global Compact pursues a vision of a more inclusive and sustainable economy for the benefit of all people, communities and markets - today and in the future. The UN Global Compact is not a certifiable standard or regulatory instrument, but rather an open forum for learning and dialogue to inspire change and exchange ideas.

Where can you learn more about our commitment?

We document our commitment to support the UN Global Compact principles in our Communication on Progress (CoP). This is an annual UN Global Compact questionnaire, which we completed for the first time for 2022.

The UN Principles for Responsible Investment (UN PRI)

Both Lampe Asset Management GmbH and Hauck Aufhäuser Fund Services S.A. are signatories of the UN Principles for Responsible Investment (UN PRI). As such, they are part of a global organization of approximately 5,000 financial institutions committed to integrating ESG factors into investment decisions.

Lampe Asset Management GmbH | Signatory profile

Hauck & Aufhäuser Fund Services S.A. | Signatory profile

What are the UN PRI?

The PRI is an independent, not-for-profit organization founded in 2006 under the auspices of the United Nations. Through its network of nearly 5,000 companies representing more than $121 trillion in assets under management that have signed on to its six principles, the PRI is driving the integration of ESG factors into investment decisions. In doing so, the PRI acts in the interests of its signatories, the financial markets and economies in which they operate, as well as the environment and society at large. To ensure transparency and commitment, signatories report annually on their activities and progress in accordance with the PRI.

Investment in and commitment to sustainability and diversity

ESG Commitment

"By anchoring a Group-wide ESG Function and establishing an ESG Committee that includes all ESG-relevant business units, we are taking a holistic approach to implementing our strategy along the market, regulatory and organizational dimensions."
Madeleine Sander, Chief Growth & Transformation Officer at Hauck Aufhäuser Lampe

Our ESG Strategy

Anchored across all business units

We offer a full range of investment product administration services to asset managers, financial service providers, institutional investors, asset managers and investment companies. We support our clients in implementing the extensive regulatory requirements for sustainable products.

As a signatory to the UNPRI, Hauck Aufhäuser Fund Services (HAFS) is helping to promote the integration of ESG factors into investment decisions.

We offer a broad range of sustainable investment strategies for private and corporate clients. Investments are selected on the basis of social and environmental characteristics. For larger investment amounts, we are happy to consider your individual ESG criteria.

With a minimum investment of 25,000 euros, you can invest sustainably online via our digital asset management system Zeedin

Learn more

In Asset Management, we advise you on liquid investment concepts and risk strategies – fundamental or systematic. As a modern and responsible asset manager, we set standards in sustainable investment. As a signatory of the UN PRI, we document our commitment to the principles of sustainable investment.

We are supported in the implementation of our sustainability strategies by a Sustainability Committee of external sustainability experts.

 

Our Social Commitment

Giving Instead of Gifting

Supporting social projects has always been a high priority for us. We support various charitable foundations and associations. For several years, we have also refrained from giving Christmas gifts to our customers and employees. Instead, we support charitable projects throughout Germany, with a particular focus on helping disadvantaged children and young people.

Sustainability-related disclosures (SFDR)

Product disclosures in accordance with Article 10 SFDR (in German)

Statement on due diligence policies with respect to the principal adverse impacts of investment decisions on sustainability factors (HAL-Group)

As of: June 2023

Download (in German)

Information on the consideration of the principal adverse impacts on sustainability factors in investment advice (Hauck Aufhäuser Lampe Privatbank AG)

As of: June 2023

Download (in German)

Policies on the integration of sustainability risks in the investment decision‐making process and investment advice (Hauck Aufhäuser Lampe Privatbank AG)

As of: June 2023

Download (in German)

Remuneration Policy

As of: January 2022

Download (in German)

PAI Strategy of Hauck & Aufhäuser Fund Services S.A.

As of: Mai 2024

Download (in German)

Risk Statement of Hauck & Aufhäuser Fund Services S.A.

As of: January 2022

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Engagement Policy of Hauck & Aufhäuser Fund Services S.A.

As of: Juni 2023

Download (in German)

Engagement Report of Hauck & Aufhäuser Fund Services S.A.

As of: For 2023

Download (in German)

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