Active
This profile is actively maintainedActive
This profile is actively maintainedWebsite | https://www.deka.de/deka-group |
Headquarters |
Mainzer Landstraße 16
60325 Frankfurt am Main
Germany
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CEO/chair |
Georg Stocker CEO |
Supervisor | |
Ownership |
DekaBank is wholly owned by two joint shareholders: DSGV and Deka Erwerbsgesellschaft. As of 30 June 2022, the ownership structure of the bank was as follows:
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DekaBank Deutsche Girozentrale (DekaBank) was founded in 1918, and is called the Wertpapierhaus von den Sparkassen-Finanzgruppe (provider of asset management and capital markets solutions for the savings banks finance group). DekaBank is a German public institution with registered offices in Frankfurt am Main and Berlin. Together with its subsidiaries it forms the Deka Group. The group provides securities services for savings banks in Germany and internationally, and is active in the business areas of capital market asset management, real estate asset management as well as corporate & markets. DekaBank became an Equator Principles signatory in 2011.
Dekabank's most important sustainability commitments can be found at the webstie sections listed below.
Links
DekaBank is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of DekaBank's link to these deals.
DekaBank does not operate a complaints or grievances mechanisms for individuals or communities that might have been affected by the bank's finance.
Stakeholders may raise complaints via the OECD National Contact Point (OECD Watch).
DekaBank is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.
This page evaluates DekaBank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
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Banks and Climate
Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of Dekabank’s fossil fuel policy below.