KfW Rely on the safe haven - Investor presentation
Financial and ESG ratings¹ from leading rating agencies
KfW assigned triple-A ratings from financial rating agencies and is among top-performers in ESG
Financial Ratings from leading rating agencies
MOODY'S
Largest public development bank with
strong capitalization, solid asset
quality and conservative risk profile
Aaa Outlook stable
Short-term: P-1
SCOPE
Strong and explicit linkages between
KfW and the Federal Republic of
Germany
AAA Outlook stable
Short-term: S-1+
ESG ratings confirm KfW's holistic sustainability approach
ISS ESG➤
ethix.climate.oekom
KfW is among the best-
rated institutions in its
peer group
Prime
A+
KFW ▸ C+
Industry
2
MSCI
KFW▸
10
KfW's rating is at the highest
level possible
AAA
D-
0
Unsolicited rating
MOODY'S ESG Solutions
100
Last update: Feb 2023
KfW's ESG score belongs
to the top 5% worldwide KFW 60
55
STANDARD
& POOR'S
Key national development bank with
a crucial role for executing key
German economic policies
AAA Outlook stable
Short-term: A-1+
Fitch Ratings
AAA Outlook stable
Creditreform C
Rating
AAA Outlook stable
Advanced
0
1_A rating is not a recommendation to buy, sell or hold securities. Ratings are subject to revision or withdrawal at any time by the assigning rating organization. Each rating should be evaluated independently of any other rating.
2_The use by KfW of any MSCI ESG Research LLC or its affiliates ("MSCI") data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of KfW by MSCI.
MSCI services and data are the property of MSCI or its information providers, and are provided 'as-is' and without warranty. MSCI names and logos are trademarks or service marks of MSCI.
KFW Rely on the safe haven - Investor presentation / April 2024
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