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Company Response

16 Jul 2018

Deutsche Bank response

"Deutsche Bank aims to avoid environmental and social (ES) risks that might result from its business activities. In our publically available ES Policy Framework1 we explain our approach to identifying risks related to new business opportunities and which measures we undertake in case we see a need for action. Furthermore, we explain which transactions are generally prohibited.

In case issues occur in connection with an existing business relationship, we generally consult the affected stakeholders. In this context, we seek the exchange with the company and the affected people as well as with NGOs, who might dispose of a good knowledge of the conditions on the ground. In our assessment, we also consider the political and legal circumstances in the respective country, to what extend the affected people have the opportunity to defend their own interests. In specific cases, we also make use of independent experts to evaluate the situation. Based on the results of the analysis we decide on the further procedure. However, this is still depending on our contractual obligations as well as on our leverage. As a last resort in some cases, this can lead to a termination of the business relationship..."