BinckBank

Binck Bank

Corporate social responsibility

 

As a young modern company, BinckBank takes the view that its position obliges it to play a proactive role in corporate social responsibility. Given the nature of its activities, BinckBank's environmental impact is modest.

 

To make a start on discharging its corporate social responsibility BinckBank plans to embark on three initiatives in 2009.

 

1. In the context of system integration with Alex Beleggersbank, two new data centres will be established. They will use virtualisation technology, which enables several applications to be installed on one server, thus optimising server capacity utilisation. This is expected to yield substantial energy savings averaging around 40% per year compared with the current system. The saving could increase to about 50% in the future as more applications become available that support virtualisation.
2. An online instrument will be developed in 2009 that offers BinckBank clients a choice of sustainable investment products. On the basis of the client's answers to a small number of questions, the system will present the client with a shortlist of products that best suit his or her personal sustainability profile, from which the client can choose. This functionality will be provided on the normal investor website.
3. BinckBank's staff are at present spread over two locations and the company is searching for a single site that it can move to in 2010. The site must be easily accessible by public transport and cycle.