The importance of sustainability
Sustainability is defined in the glossary as principles of action, goals or states of affairs to ensure the sustainable, regenerative and, as far as possible, side-effect-free use of resources. On the one hand, this suggests the conscious and responsible use of (limited and vulnerable) resources (e.g. paper, wood, water, but also the human factor). On the other hand, it is a matter of ensuring the required responsible handling through clear principles and planned implementation.
The concretization of these principles is pursued by means of environmental, social and governance (ESG) goals, also in accordance with regulatory requirements and standards.
With our bank-wide ESG program, we fully implement measures required by regulation and also develop a Hauck Aufhäuser Lampe ESG identity. This includes the formulation of an ESG strategy and the development of ESG policies, but also the transformation of the corporate culture. Innovative concepts of cross-divisional cooperation are used to anchor ESG deeply in the company. For example, a company-wide ESG committee has been established to implement a comprehensive package of measures.
With the EU Action Plan for Financing Sustainable Growth, the EU wants to push climate policy and social goals. These goals are to be achieved by redirecting capital flows from non-sustainable to sustainable investments. The Sustainability Disclosure Regulation is the central regulatory requirement in this context.
Our own wealth management operates along strict ESG criteria, with the investment strategy aligned with MSCI's sustainability research (MSCI ESG Research) and applying different approaches across negative exclusions.
Our social Engagement
Donations instead of gifts
Supporting social projects has historically been a high priority at our company. We support various charitable foundations, associations and clubs. For some years now, we have also dispensed with Christmas gifts for our customers and employees. Instead, we support charitable projects throughout Germany, with support for disadvantaged children and young people being particularly close to our hearts.
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