88% of DEG’s direct customers support charitable projects and have provided more than EUR 350 million in support to local communities. If required, DEG advises its customers on how they can improve their community engagement.
Of these customers, 42% pursue a particularly sustainable and strategic approach, for example through education and health programmes for local communities, by promoting local employment and sourcing and by actively involving relevant stakeholders, for instance through benefit-sharing models and company-affiliated foundations.
84% of the companies and project financings in DEG’s portfolio have implemented community, health and safety management in line with DEG’s environmental and social standards.
85% of DEG’s direct portfolio companies have set up a complaints management mechanism.
Economic and/or physical resettlements were unavoidable in 35 out of a total of 226 companies financed and project financings. DEG assesses such cases negatively in the DERa, contractually agrees on resettlement plans with the customers in accordance with international standards and monitors them.
