Helaba concludes first-ever "Sustainable Guarantee Facility"

"In launching this new sustainable guarantee facility, Helaba is demonstrating its commitment to pursuing a sustainable business philosophy," affirms Hans-Dieter Kemler, a member of Helaba's Board of Managing Directors. "This new addition to Helaba's product range - the provision of guarantees that take sustainability criteria into account - has already met with interest from other customers with whom we are currently negotiating the possibility of further sustainable guarantee facilities."

Due to the anticipated consequences of climate change, sustainability is becoming increasingly important in more and more areas of the economy and society. Helaba's mission statement, which is embodied in its brand claim of "Values with impact", emphasises the need to place a values-based approach to business at the heart of its corporate identity, to assume responsibility for society and the environment and thereby make a positive contribution to the wider community. Based on its business strategy, Helaba has incorporated extensive sustainability criteria into its binding risk strategies for lending, one of its most important business lines. Helaba is committed to protecting the climate and supports the objectives of the Paris Climate Agreement as well as the climate targets set by the German government and the European Union. On this basis, Helaba's sustainability management has achieved ratings from the major sustainability rating agencies that are well above the global industry average.