In addition to the strategy described in section Art. 3 (2) SFDR regarding the integration of sustainability risks in investment advice, our remuneration policy is also consistent with the consideration of sustainability risks in the sense that Helaba as a counterparty is subject to its sustainability strategy.
Helaba's remuneration strategy and systems are designed to achieve the objectives set out in Helaba's strategies (amongst others its business strategy and risk strategy). The remuneration parameters are aligned with the strategies and thus support the achievement of the strategic goals. The remuneration systems are set-up to requirement- and performance-related, gender-independent and sustainable remuneration that does not create any incentives to take disproportionately high risks.
Regarding the remuneration parameters, these are quantitative and qualitative factors that are used to measure the performance and success of an employee. It is also ensured that actions are taken in the best interests of our customers.
In particular, the remuneration does not create incentives to recommend a financial instrument that is less suitable for the needs of customers. It also does not encourage excessive risk-taking with regard to the distribution of financial instruments with high sustainability risks.