Responsibility at grenke

Our sustainability strategy is based on responsible business practices and the desire to make a positive contribution to society and the environment. In an ongoing dialogue with our stakeholders, such as our SME customers, specialist retail partners, investors and employees, we gather their expectations in the area of sustainability and integrate them into our sustainability strategy.

As part of our materiality analysis, we assess which significant positive and negative impacts, opportunities and risks (IROs) exist for grenke. In accordance with the dual materiality principle, the analysis includes both an inside-out perspective (grenke's impact on society and the environment) as well as an outside-in perspective (impact of sustainability aspects on grenke). The materiality analysis is reviewed and updated annually.

We maintain an ongoing dialogue with our key stakeholders, in particular the capital market, the scientific community, authorities and associations, our employees, customers and partners. In view of the increasing importance of sustainability and it being a cornerstone of our corporate strategy, these topics are integral components of our stakeholder dialogue. We communicate with our stakeholders using various target group-specific communication formats and channels. We differentiate between internal and external stakeholders such as grenke management, employees, the Executive Board and Supervisory Board, banks, financial analysts, rating agencies and investors. We also maintain a dialogue with business partners, capital market participants, supervisory authorities and regulators, as well as with partners from research and academia, standard setters and associations. An exchange with the wider civil society takes place with potential employees, media representatives, local stakeholders and charitable institutions. We take our stakeholders' feedback into account in our strategic decisions.

We align our sustainability strategy and activities with internationally recognized frameworks and standards as well as self-implemented policies and integrate these into our business activities. Our sustainability reporting is based on several frameworks and regulatory requirements. The regulatory requirements for our reporting include, in particular, the requirements of the German Commercial Code (HGB), the EU CSRD Directive and the EU Taxonomy Regulation. We also report in accordance with the requirements of the German Corporate Governance Code (GCGC), the UN Social Development Goals (SDGs) and the Greenhouse Gas Protocol. By signing the Diversity Charter, grenke Group is actively committed to further anchoring the concept of diversity in the organizational structure. We participate in the Carbon Disclosure Projects (CDP) in order to report transparently on our CO2 emissions and the opportunities and risks for our business model arising from climate change. We have summarized the applicable compliance standards  in line with our guidelines in our grenke Code of Conduct and the grenke Supplier Code. The environmental guideline summarizes our efforts in the area of environmental protection. We are committed to the continuous improvement of our environmental management system in accordance with regulatory and compliance obligations. The aim of our health and safety policy (OHS Policy), which applies to all grenke companies in Germany, is to maintain, improve and promote the health and safety of our employees through efficient and systematic occupational health and safety - supplemented by company health promotion measures.

Simple. Fast. Personal. Entrepreneurial - that's grenke. Find out why we do what we do and what drives us.