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Environmental responsibility

As a financial services provider, i.e. a non-manufacturing business, our ecological footprint is largely shaped by office operations such as facility management, materials usage, information technology and business-related travel. Within the scope of our sustainability project and energy audit we are currently evaluating what we can do to help protect the global climate in the future, and how we can get involved in environmental projects that align with our business strategy. The results, measures and indicators stemming from these evaluations will be taken into account as part of our sustainability programme during 2016/2017.

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Managing resources

In 2015, DVB started recording electricity, heat, paper and water consumption at all of its locations. As all office space is rented, the previous year's data is largely based on the annual statement of consumption. As such statements were not yet available for 2015, the data provided for that year (as of 31 December) is based on extrapolations.

DVB’s electricity and heat consumption rose during the year under review from 2,275,511.2 kWh to 2,452,998.1 kWh. The 7.8% increase reflects the growing workforce and the deployment of numerous advisers for regulatory projects in Frankfurt/Main, London and Amsterdam, which raised the need for office space in 2015 and resulted in additional premises being rented in Frankfurt/Main, for example. This additional space needs to be air-conditioned or heated. So far, less than 1% of the electricity we use comes from renewable sources.

Electricity and heat consumption

Kilowatt hours (kWh) 2015 2014 %
Total electricity and heat consumption
2,452,998.1 2,275,511.2
7.8
thereof from renewable sources 183.1
183.1
Electricity and heat consumption per employee

4,027.9

3,916.5

2.8

 

Total electricity and heat consumption (kWh)

2015 2,452,998.1
2014 2,275,511.2
%
7.8
thereof from renewable sources (kWh)
2015 183.1
2014 183.1
%
Electricity and heat consumption per employee (kWh)
2015 4,027.9
2014 3,916.5
%
2.8 

 

The electricity and heat consumption spreads across our locations as follows:

Electricity and heat consumption per location

DVB's electricity and heating consumption by location in 2015

The above-mentioned figures include the electricity consumption generated in our data centres. In the interest of business operations running smoothly and securely, DVB has been increasing the number of virtual servers since 2006. Today, up to 90% of our servers are hosted using virtual machines. Most of the remaining hardware is run in two state-of-the-art and energy-efficient data centres in Frankfurt/Main.

Our printer and copier paper consumption rose slightly during the year under review, by 1.7% to 15,710.8 kg. Given the rise in the number of employees, however, individual consumption of paper declined from 35.9kg to 34.5kg. At our offices in Frankfurt/Main, Hamburg and Athens, we use FSC-certified paper only. This results in approximately 50% of the paper we use coming from sustainably managed forests.

Paper consumption

Kilogrammes (kg) 2015 2014 %
Printer and copier paper consumption
15,710.8 15,440.7
1.7
Other paper consumption 5,323.1
5,402.9
–1.5
Total consumption 21,033.9
20,843.6
0.9
Consumption per employee

34.5

35.9

–3.9

 

Printer and copier paper consumption (kg)

2015 15,710.8
2014 15,440.7
%
1.7
Other paper consumption (kg)
2015 5,323.1
2014 5,402.9
%
–1.5
Total consumption (kg)
2015 21,033.9
2014 20,843.6
%
0.9
Consumption per employee (kg)
2015 34.5
2014 35.9
%
–3.9

Production and distribution of DVB publications is mainly paperless, with all financial reports and statements being published only digitally, as PDFs on the Bank’s website. Only a small number of annual report copies are printed for the Annual General Meeting of DVB Bank SE – and this has been the case since 2012.

DVB’s water consumption was up slightly in 2015, by 2.1% from 19,120.9 cubic metres in the previous year to 19,531.1 cubic metres. Water consumption per employee was slightly down, from 32.9 cubic metres in 2014 to 32.1 cubic metres in the year under review.

Water consumption

Cubic metres (m3) 2015 2014 %
Total water consumption
19,531.1 19,120.9
2.1
Water consumption per employee

32.1

32.9

–2.4

 

Total water consumption (m3)

2015 19,531.1
2014 19,120.9
%
2.1
Water consumption per employee (m3)
2015 32.1
2014 32.9
%
–2.4

Reusing IT equipment

We are partners of AfB gemeinnützige GmbH, the first non-profit IT systems house specialising in collecting/compiling, wiping and remarketing used equipment. Through this co-operation, we managed to avoid creating more than three tonnes of electronic scrap in 2015, and saved considerable amounts of energy, gas and solid material. In total, AfB received 99 IT devices from DVB. These devices were wiped (data destruction certificate) and 70% recycled. This helped us reduce our ecological footprint as follows:

Use of electronic scrap in 2015

  Reusable after refurbishment
  Raw material extraction through recycling
  Total volume

Quantity  % kg   Quantity %
kg
  Quantity
kg

PC

5
 71 48
  2
 29 19   7
67
Notebook
33
 97 58
  1
 3 3
  34
61
Flat screen
27
 93 153
  2
 7
  29
153
Mobile device

 –
  – 
 –
 

Server

 –
  2
 100
  2

Printer
4
 22 88
  14
 78 228
  18
316
Miscellaneous (excl. data carriers, software and accessories)

 –
  9
100 40
  9
40
Total
69
 70 347
  30
 30 290
  99
637

PC

Reusable after refurbishment
 
Quantity 5
% 71
kg
48
Raw material extraction through recycling
 
Quantity 2
% 29
kg   19
Total volume
 
Quantity
7
kg
67
Notebook
Reusable after refurbishment
 
Quantity
33
% 97
kg  58
Raw material extraction through recycling
 
Quantity
1
%
3
kg  3
Total volume
 
Quantity
34
kg  61
Flat screen
Reusable after refurbishment
 
Quantity
27
% 93
kg  153
Raw material extraction through recycling
 
Quantity
2
%
7
kg 
Total volume
 
Quantity
29
kg  153
Mobile device
Reusable after refurbishment
 
Quantity

%
kg 
Raw material extraction through recycling
 
Quantity

%

kg 
Total volume
 
Quantity

kg 
Server
Reusable after refurbishment
 
Quantity

%
kg 
Raw material extraction through recycling
 
Quantity
2
%
100
kg 
Total volume
 
Quantity
2
kg 
Printer
Reusable after refurbishment
 
Quantity
4
% 22
kg  88
Raw material extraction through recycling
 
Quantity
14
%
78
kg  228
Total volume
 
Quantity
18
kg  316
Miscellaneous (excl. data carriers, software and accessories)
Reusable after refurbishment
 
Quantity

%
kg 
Raw material extraction through recycling
 
Quantity
9
%
100
kg  40
Total volume
 
Quantity
9
kg  40
Total
Reusable after refurbishment
 
Quantity
69
% 70
kg  347
Raw material extraction through recycling
 
Quantity
30
% 30
kg  290
Total volume
 
Quantity
99
kg  637

Energy, gas and solid material reductions by IT device


Iron equivalent (kg)
Energy (kWh)
CO2 equivalent (kg)

PC

730
1,153
323
Notebook
1,726
6,352
2,426
Flat screen
969
3,255
948
Total
3,425
10,760
3,697

By partnering with AfB, we assume responsibility – both environmentally and socially, since half of AfB's workforce have a disability. The number and quality of IT equipment pieces we hand over to AfB created another job for a disabled employee.


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Environmentally friendly mobility

DVB's Travel Policy stipulates that employees should ideally opt for public transit for business trips, and to get to work every day. We assist in getting job tickets whenever possible and practicable.

In order to limit plane trips to those that are truly necessary, DVB believes in using phone and video conferences whenever possible and practical for meetings. These can be convened in dedicated video conference rooms at almost all office locations, using state-of-the-art technology. Furthermore, every employee is able to use the softphone integrated into their computer for video conferencing at their own desk.

Towards a broader use of renewable energy in aviation – cooperating with aireg

The global aviation industry is facing the ecological challenge of reducing its carbon footprint. At the same time that air traffic growth is rising and technology is advancing rapidly, regional emission standards are tightening and regulatory measures with a global reach are on their way. This is why the international aviation industry has pledged to halve their carbon emissions by 2050 compared to 2005. Turning to alternative aviation fuels is seen as a feasible way of tackling this challenge.

In support of the efforts made by the aviation industry in Germany to reduce the impact of their operations on the environment, in October 2015 we were the first financial institution to join aireg (Aviation Initiative for Renewable Energy in Germany e.V.). Since 2011 aireg has been working on the development and market introduction of alternative aviation fuels in Germany, and aims to increase their share of German air traffic to 10% by 2025.

As both an aircraft financier and an investor, DVB has a strong interest in value retention – especially of aircraft engines, for which it is important to ensure that the use of biofuel has no negative impact on the maintenance cycle and useful life of an engine. It is against this background that DVB wants to add its financing expertise to aireg’s research-oriented approach. We see this co-operation as pointing the way forward on our business transformation, and are looking for similarly trailblazing projects in the shipping industry.