Deutsche Bank is offering Belgian customers a new green investment product that will enable them to make a concrete and visible impact on the environment. Part of the profits from the sale of the product – called “Deutsche Bank AG Green Note Fund Opportunity (90) 2031”* – will be donated to Farming for Climate, a non-profit organisation whose mission is to accompany and financially support Belgian farmers in their transition towards more sustainable agricultural practices.
The green investment product, available to retail customers from December 7, is based on the assets out of the externally validated Deutsche Bank green asset pool. Part of the bank’s profits from the product – 25 percent of the distribution margin – will be paid to Farming for Climate.
Over the next five years, local farmers will benefit from Farming for Climate's guidance and support in their transition to more sustainable agriculture. The greater the amount invested, the greater the support given to Farming for Climate.
In order to make our investors’ impact concrete and visible, Deutsche Bank, in collaboration with Farming for Climate, will regularly update investors on the progress made by those local farmers benefiting from the program’s support. Through the Belgium branch network, Deutsche Bank will arrange client events to give our customers the chance to meet these farmers in their own neighborhood.
The product comes within Deutsche Bank’s framework for classifying ESG financing as part of the bank’s target to increase its volume of sustainable financing and portfolio of ESG investments under management to over 200 billion euros in total by the end of 2025.
The 10-year green investment product is linked to the performance of an ESG fund whose assets are flexibly invested in equities, bonds, gold and cash. At maturity, it will return 100% of invested capital plus the fund performance, capped at 30% with a floor of -10%.
Remarking on the collaboration with Farming for Climate, Olivier Delfosse, CCO of Deutsche Bank Belgium said: "When we met Farming for Climate, my colleagues and I were immediately enthused by the project. It meets two of our sustainability objectives: to contribute to the transition to a more environmentally friendly economy and to offer our clients sustainable investment solutions that generate concrete, visible and local environmental results. We are very proud to be able to enable our clients, through our support for Farming for Climate, to actively participate in the ecological transition of their region.”
"We are very proud to be able to enable our clients, through our support for Farming for Climate, to actively participate in the ecological transition of their region.”
Agro-ecological practices stimulate biological activity and restore natural soil tillage by recycling organic matter. Ploughing is reduced, crop rotation is encouraged, insect habitat is restored, soil cover is ensured, pesticides are greatly reduced or even eliminated, water quality is preserved, and sustainable production is promoted. The ultimate goal is to reduce CO2 emissions, restore biodiversity and ensure our food resilience.
Pascal Durdu, Founder of Farming for Climate, added: "Our aim is to create a new dynamic, to develop an ecosystem in which we play the role of facilitator between companies that want to positively, concretely and visibly contribute to the environment and an agricultural world in transition. We are thrilled to partner with Deutsche Bank in Belgium to further these ambitious aims.”
Follow this link to the product* launch: https://www.deutschebank.be/fr/actu-et-conseils.html
*Product only available to investors in Belgium