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  4. Sustainability Report
    1. Geschäftsbericht
    2. Nachhaltigkeitsbericht
    3. Zwischenbericht
    4. Downloads
  5. 5 Climate Report
    1. 2 Responsible business conduct
    2. 3 Responsible financing
    3. 4 Responsible investing
    4. Notes
  6. 5.2 Governance
    1. 5.1 Introduction
    2. 5.3 Strategy
    3. 5.4 Risk management
    4. 5.5 Key figures and targets

5.2 Governance

SZKB’s sustainability governance ensures that ESG-related risks or opportunities are incorporated into the corporate strategy and risk management. SZKB has made commitments to various aspects of sustainability. Topics relating to the climate and climate change form an integral and essential part of SZKB’s sustainability strategy and sustainability governance.

Bank Council with Strategy Committee

As part of the company-wide establishment of sustainability, SZKB has established responsibility for the sustainability strategy and governance, and thus also for climate-related risks and opportunities, in the Competence Regulations. These vest responsibility for the sustainability strategy and governance in the Bank Council. The Competence Regulations are approved by the Bank Council on an annual basis, and the most recent amendments took effect on 1 January 2025.

Sustainability Committee
At the beginning of 2024, SZKB transferred the ESG programme to a Sustainability Committee, which operates as a steering and decision-making body for sustainability-related topics. It focuses on planning, managing and coordinating cross-departmental measures and activities in the area of sustainability, as well as monitoring ESG risk drivers and key figures from the sustainability strategy. The Sustainability Committee is comprised of the entire Executive Board, members of other SZKB committees and selected individuals from departments for which sustainability is relevant. The powers of the Sustainability Committee are set out in the internal directive on the SZKB Sustainability Committee.

Sustainability Office
The SZKB Sustainability Office is located within the Project & Portfolio Management department and supports the Executive Board and the Bank Council in setting the strategic sustainability focus and guides the process relating to the development of the sustainability strategy. It coordinates bank-wide and department-specific activities for implementing the sustainability strategy and organises the Sustainability Committee.