Deutsche Bank

Financial Institution / Bank

1,669 assets

2,840,000 m2 total floor area

83,098 tCO2e current Annual Portfolio Carbon Emissions

84,855 employees

 

Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.Deutsche Bank has been carbon neutral in it's own operations since 2012.

1

Commit

Commit to net zero operational carbon at owned and occupied assets globally by 2030, supported by commitments to energy use reduction and 100% renewable electricity supply. Achieve maximum reductions of embodied carbon in new developments and major renovations, and compensate for any remaining residual operational and upfront embodied emissions, by 2030.

2

Disclose

Measure and publicly disclose energy consumption, scope 1, 2 and scope 3 (categories 1-14) including emissions associated with water and paper use, waste production through annual non- financial report, CDP, S&P. Monitor and disclose whole life embodied carbon emissions where applicable.

3

Act

Maintain carbon neutrality by prioritising energy reduction initiatives across DB facilities , sourcing of renewable electricity and compensating with high-quality certified carbon offsets for any residual emissions in premises within direct control. Maximise embodied carbon reductions for any new developments or major renovations of existing assets under direct control, compensating for any residual upfront embodied emissions at point of practical completion, by 2030.

4

Verify

Third party verification of portfolio-level disclosures made for energy consumption, scope 1, 2 and scope 3 (categories 1-14) including emissions associated with water and paper use, waste production through annual non-financial report.

5

Advocate

Support the adoption of net zero targets in our procurement framework. Advocate membership of climate action initiatives like RE100, EP100 and the Net Zero Carbon Buildings Commitment.

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