DekaBank

First founded in 1956, but with roots that date back to 1918, DekaBank is the central asset manager for the German Sparkassen. They are a public financial institution headquartered in Frankfurt a.M., Germany. The group has an asset volume of around €160 billion making them one of the largest asset managers in Germany.[1] DekaBank has committed itself to the Equator Principles (EPs), the Carbon Disclosure Project, the Global Reporting Initiative, and the United Nations Global Compact.[2] In 2012, DekaBank was invested in companies such as L-3 Communications, Rio Tinto, Rheinmetall, Royal Dutch Shell, H&M, and more.[3] In 2015 Deka Bank was invested in Airbus, Anglo American, Total SA and Sanofi.

Deka Bank was once again included in the Dirty Profits 4 report, details of the financial ties to selected controversial companies can be found within the report and detailed data tables from the research period 2013-2015 can be downloaded here.

In Dirty Profits 2, DekaBank was again included and detailed data related to their financial ties to the controversial companies can be found in the Dirty Profits 2 report, as well as the detailed data which can be downloaded here.

In Dirty Profits 1, DekaBank ranked eighth in harmful investment transactions with a total of €780 million invested in 23 of the 28 controversial companies investigated in the PROFUNDO report.

For detailed information regarding the companies that DekaBank was invested in,between 2010 and 2012, please refer to the PROFUNDO research report links below. The PROFUNDO report, (conducted between 2010 and 2012), analyzes the investments between DekaBank (and many other financial institutes) and controversial companies.

PROFUNDO – Underwritings of Shares and Bonds

PROFUNDO – Loans

PROFUNDO – Management of Shares and Bonds

 


[1] “DekaBank – Profile.” DekaBank – Profile. DekaBank, 2012. Web. 03 Dec. 2012. <http://www.dekabank.de/db/en/company/profile/profile.jsp>.

[2] Drillisch, Heike. “DekaBank Germany.” BankTrack.org. Banktrack, 2012. Web. 03 Dec. 2012. <http://www.banktrack.org/show/bankprofiles/dekabank>.

[3] Gelder, Jan Willem Van, Barbara Kuepper, Petra Spaargaren, and Joeri De Wilde. DIRTY PROFITS Report on Companies and Financial Institutions Benefiting from Violations of Human Rights: A Research Paper Prepared for Facing Finance. Tech. Amsterdam: Profundo, 2012. Print.

Direct involvement in criticised cases Shareholding Indirect involvement (through companies or subsidiary companies) in criticised cases
Norms, affected by criticised cases

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