Windpark Lindenberg der Windprojekte Jan Teut GmbH Windpark Lindenberg der Windprojekte Jan Teut GmbH
Sustainable Finance

Our Green & Social Bond Programmes

DKB has been issuing Green Bonds since 2016 that support sustainable projects. This was just the beginning: in 2018, we expanded our sustainable finance activities by issuing our first Social Bond and in 2022 our first Berlin Social Housing Bond.

DKB Green & Social Bonds support sustainable projects

Since 2016, we have been issuing green bonds that support sustainable projects. Our loans in the area of renewable energies make up the underlying. With a loan volume of around EUR 12 billion (as of December 31, 2021), we are making a significant contribution to the energy transition in Germany.

In September 2018, we added another building block to our sustainable funding strategy: a social bond programme. Our social bonds are based on loans from the social sectors, social housing, public supply, health and care, education and research as well as inclusion.

ESG ratings confirm our integration of sustainability

The market for sustainable finance is growing fast. Our bonds are also in high demand for this reason. The ESG research & rating agency ISS-ESG currently gives us a "B-" rating. This corresponds to Prime Status, Decile Rank 1 and an "Industry Leaders" ranking among national and international commercial, state and regional banks (approx. 270 banks).

ISS-ESG Rating B-, 2021

We issue green bonds regularly

Solaranlage auf dem Dach der Berliner Energieagentur

In June 2016, we issued our first unsecured green bond. Since issuing our first green bond, we have successfully placed two more green bonds. With the green bond issuance in 2021, we reached a special milestone: we were one of the few banks to create a Green Bond Framework that complied with the then draft EU Green Bond Standard and met the strict requirements of the EU Taxonomy. Read the latest green bond documents here:

First bank to launch a Green and Social Bond Programme

Schulleiter Wayne May mit Schülern im Computer Lab des ISC

In September 2018, we published our first social bond programme. Our social bonds enable us to refinance loans that are a value-add for society. They originate from our customers in the areas of social housing, public supply, health & care, education & research and inclusion. We were the first bank in Germany to have launched a Green Bond and a Social Bond Programme. So far, we have issued four social bonds - including thematic bonds such as the Berlin Social Housing Bond, the Blue Social Bond and a retail social bond for retail clients. Here you can find our latest social bond documents:

Our bonds help save 416,000 metric tons of CO2

In our Impact & Allocation Reporting, we report on the sustainable impact of projects refinanced with our green and social bonds. The wind and solar projects refinanced by our green bonds have contributed to savings of more than 416,000 tonnes of CO2 per year. This corresponds to the annual consumption of 356,000 2-person households, i.e. just under a city the size of Frankfurt am Main. With a volume of more than EUR 1 billion, our social bonds have refinanced projects for 6 of the 17 UN SDGs, thus strengthening these sustainable goals.

  • SDG 3 Health and well-being,

  • SDG 4 Quality education,

  • SDG 6 Clean water and sanitation,

  • SDG 10 Reduced inequalities,

  • SDG 11 Sustainable cities and communities,

  • SDG 16 Peace and justice.

Read the report here:

Investor relations

We have been issuing covered bonds and senior unsecured bonds in the capital market for many years. These are primarily bearer and registered covered bonds (“Pfandbriefe”) in a broad range of maturities as well as green bonds in senior unsecured format.

Do you have questions about Green & Social Bonds?