"Reliable Partner in Transformation" - Helaba publishes Sustainability Report 2023

Entitled "Reliable Partner in Transformation", the report covers the 2023 financial year and was prepared in accordance with Global Reporting Initiative's (GRI) Universal Standards 2021. It addresses all activities of the Helaba Group, which include all principal subsidiaries - Frankfurter Bankgesellschaft (FBG), Frankfurter Sparkasse, GWH Wohnungsgesellschaft mbH Hessen (GWH), Helaba Invest and OFB Projektentwicklung GmbH (OFB) - in addition to activities of the two legally dependent entities Landesbausparkasse Hessen-Thüringen (LBS) and Wirtschafts- und Infrastrukturbank Hessen (WIBank).

Underlining the Group's commitment to sustainability, Helaba's CEO Thomas Groß stresses: "We only have one world. Helaba is conscious of its social and commercial responsibility. Using our experience and expertise, we help our customers to leverage the opportunities harboured by the sustainability transformation, focusing on climate stability, biodiversity and the circular economy. And we are committed to a culture of diversity and partnership." Alongside environmental issues, Helaba also takes a strategic approach to embracing the social and governance aspects of sustainability, whether they relate to its business operations or to the bank itself. Petra Sandner, Helaba's Chief Sustainability Officer (CSO), explains: "As a Landesbank, Helaba is committed to the Paris Agreement and the SDGs. This is why we are a signatory of the Principles of Responsible Banking and continuously enhance our strategies and frameworks: in the coming years, we want to further increase the share of sustainable, transformative loans, bonds and investments in our business and in this way contribute to an economically viable future."

Complementing the sustainability reporting, the report also features magazine-style stories as well as an interview. Using selected examples, the latter illustrate the contribution Helaba has made in achieving a transformation of the real and financial economies towards sustainability. Furthermore, it provides details on the progress Helaba has made in meeting its sustainability targets and the associated ESG key performance indicators (KPIs).