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MarketScreener Homepage  >  Equities  >  Euronext Amsterdam  >  ABN AMRO Bank N.V.    ABN   NL0011540547

ABN AMRO BANK N.V.

(ABN)
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Real-time Quote. Real-time Tradegate - 11/14 10:05:13 am
16.615 EUR   -0.87%
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ABN AMRO Bank N : Dressing sustainably for work

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10/22/2019 | 12:15am EST

Do you ever buy dirt-cheap clothes? More often than not, this has been made possible by exploitation and environmental pollution. Selma van der Graaf (ABN AMRO) checked out the true cost of honest clothes and gives us tips on how to dress sustainably.

Clothes that cost no more than a few euros - it's too good to be true. Why? Because people working in factories in countries such as Bangladesh typically earn wages that are not enough to live on. Another harsh reality is that the toxic chemicals used - especially during the dyeing process - are dumped into the environment. But there are more hidden costs that damage people and planet. Sadly, this problem is not limited to the fashion industry.

ABN AMRO wants to give consumers a better insight into the true price of the products they buy. That's why Selma and her colleagues have teamed up with the Impact Institute to produce a report about the true price of jeans. And what did they find? The price of jeans is generally 33 euros too cheap.

Selma tells you more in this video, in which she also gives you several tips on how to dress sustainably.

Viewing time: 1 minute

Tip: If the video doesn't work, go to an external website (such as google.com) and try again.

ABN AMRO only finances companies that are looking to make their supply chains more sustainable in an effort to fight climate change and social inequality. Want to know more about what the bank is doing to encourage true pricing and what you can do?

More information about true price?

Read more about True Price.

See also Makes you Think, True Price.

See also 60 seconds, True Price .

Click here for the full report about the true price of jeans (in Dutch only)

We regularly organise workshops and events in Circl, for example about true price, or other topics related to financing a sustainable and circular economy. If you'd like to take part, check out the calendar here.

Disclaimer

ABN Amro Bank NV published this content on 22 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 October 2019 04:14:08 UTC

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Financials (EUR)
Sales 2019 8 675 M
EBIT 2019 3 427 M
Net income 2019 2 080 M
Debt 2019 -
Yield 2019 8,27%
P/E ratio 2019 7,72x
P/E ratio 2020 8,34x
Capi. / Sales2019 1,82x
Capi. / Sales2020 1,87x
Capitalization 15 754 M
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Technical analysis trends ABN AMRO BANK N.V.
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TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 19,42  €
Last Close Price 16,76  €
Spread / Highest target 49,2%
Spread / Average Target 15,9%
Spread / Lowest Target -23,5%
EPS Revisions
Managers
NameTitle
Kees C. van Dijkhuizen Chairman-Management Board & CEO
Tom de Swaan Chairman-Supervisory Board
Clifford Abrahams Vice Chairman-Executive Board & CFO
Christian Bornfeld Chief Innovation & Technology Officer
Annemieke J. M. Roobeek Member-Supervisory Board
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