SaarLB stands for a long-term and sustainable business policy in all dimensions of sustainable action. As a bank under public law and the largest credit institution in the region, it sees itself as being particularly committed to the common good. With its Franco-German business model, it also views itself as a promoter of Franco-German friendship and is also working in the spirit of the French strategy of the Saarland state government.
Our sustainability strategy (German version) has also established a basis for us to pursue a holistic approach that relates to all corporate divisions and business areas and combines economic, ecological and social objectives. It is closely tied to our business and risk strategy and our Code of Conduct.
In an annual sustainability report (German version), we describe the results and progress of our work on the basis of the recognized standard of the German Sustainability Code.
The 17 UN goals for ecologically, economically and socially sustainable development have been the main pillars of our sustainability management since 2020.
All previous and future sustainability measures are mapped to the SDGs.
Compliance is much more than simply adhering to laws and regulations. We expect our employees to live up to our high standards for conduct – by acting honestly, responsibly and with integrity.
Our Code of Conduct (German version) serves as an ethical guideline for all our interactions – both internally and externally. It not only describes the written regulations (internal instructions) of SaarLB, but is also the daily orientation framework for all those who act on behalf of SaarLB and LBS Landesbausparkasse Saar.
With our Renewable Energies business segment, we are a leading provider in the special segment of structured project financing for SMEs, particularly in the German core market and in France. In this way, we are making an effective contribution to climate protection.
Since 2003 we have specialised in wind power and photovoltaic projects with sustainable product solutions. Together with our partners, we have already implemented over 400 projects with a total nominal output of around 4 GW.
Renewable energies and climate protection are an essential area of activity for SaarLB. The Bank has launched an issue programme for green bonds to this end. This is part of SaarLB’s sustainability programme and will contribute to the further expansion of SaarLB’s position in renewable energies and climate protection.
The proceeds from the issue of SaarLB’s green bonds are used exclusively for eligible or suitable projects within the scope of the green bond principles, which fall into the category of “renewable energies”.
Since 2015, we have been a carbon-neutral company in Saarbrucken and purchase only green electricity from wind power for all buildings at the Saarbrücken location. We also minimise our own CO2 emissions, for example, through numerous energy efficiency measures relating to buildings and mobility.
Sustainability, environmental protection and social standards are firmly anchored in our purchasing guidelines, as is the regional concept.
SaarLB’s fundamental objective in its lending activities is to reduce sustainability risks and negative impacts on the environment and society. In contrast, ESG-related opportunities and positive impacts are to be increased or expanded.
For this purpose, SaarLB has used a materiality analysis to evaluate all SDGs in terms of their opportunities and risks (outside-in perspective) and / or their impact on the environment and society (inside-out perspective), taking into account the stakeholder perspective. It aims to acquire or expand financing that makes a potential contribution to fulfilling the SDGs with increased impact, which is also expressed in particular in the Renewable Energies business segment. Negative impacts are largely regulated by restrictions on customer and industry acceptance in their sustainability policy.
We have deep roots in the region and actively shape economic life, making an important contribution to cultural diversity and promoting the sciences in the greater region.
Our commitment is long-term and sustainable, ranging from donations and sponsoring for social institutions to the promotion of art, culture and science.