Helaba
Last Rated in Apr 2025
Your bank has room for improvement on climate responsibility.
Helaba finances both renewable energy projects and generation of power using fossil fuels. As it has not been fully transparent about its lending activities, we cannot say whether it lends more to renewables than fossil fuels.
We'd like to see the bank put in place an explicit policy stating it will not lend to fossil fuel companies. Its current exclusion policies are very weak and leave scope for funding fossil fuel expansion. We would also like to see the bank recognize that biofuels are neither renewable nor sustainable.
The bank has measured greenhouse gas emissions enabled by its lending and is setting sectoral targets for reducing these emissions.
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