Umweltbank controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2015
Governance and transparency criticism
The bank faced criticism concerning the lack of discharge for its management board for the 2013 financial year and the adequacy of related website disclosure. Investor representatives also criticized transparency and management practices at the 2015 annual general meeting.
2015
Labor dispute involving a student worker
A media report alleged that Umweltbank failed to provide legally required leave and continued pay during sickness to a student worker and dismissed the worker after a leave request. The bank attributed the situation to administrative problems associated with a flexible working model and later discontinued that model.
2014
Court dispute over wind-farm investment advertising
Consumer advocates challenged the way Umweltbank presented wind-farm participation products. The Higher Regional Court of Nuremberg ruled that the bank could not emphasize projected benefits without presenting investment risks with equivalent prominence.