Commerzbank ESG Presentation
Content
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1. Sustainability approach
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2. Environment
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3. Social
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4. Governance
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5. Client business sustainability
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6. Additional information: ESG framework / links / contacts
Commerzbank ESG Presentation
Sustainability approach
Sustainability has been an integral part of our corporate strategy since 2020
We want to play our part in bringing global financial flows into line with the goals of the Paris Agreement and the European Union's Green Deal, thereby promoting climate-compatible development.
Sustainability as a business opportunity
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• Every client is affected by transformation - we offer innovative products and services to support our clients in the best way
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• Customers expect sustainable banking - only if we offer credible products and solutions we will sustain
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• Digitisation and sustainability go hand in hand - we want to use those synergies
Sustainability has to be approached holistically
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• We understand sustainability across all dimensions
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• Sustainability affects all segments of our bank - operations, product offering, risk management
Sustainability needs to be managed consequently
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• Climate and ESG related risks are potential risks for our clients and for us - we identify, monitor and manage these risks consequently
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• Customer relationships which are not sharing our core beliefs will be carefully looked at
Through Commerzbank's strategy upgrade "Momentum", sustainability is deeply anchored within the organisation
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• "Momentum" brings together the interests of our three main stakeholder groups: customers, investors, and employees
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• The focus of this strategy upgrade is to maintain and strengthen the trust of stakeholders in Commerzbank. Key drivers for this are security, reliability, delivery, and responsibility
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• Responsibility, in this context, represents the entire
sustainability spectrum of "Environmental, Social,
and Governance (ESG)" - which we fully integrate
into our actions
Commerzbank's sustainability strategy follows a holistic view, shaped by ESG building blocks
Our overarching goal is directed by our commitment to meet the global challenges as a responsible partner for sustainable economic and social development
The protection of the environment and climate as well as the support of our customers in their efforts are firmly
Environment
anchored in Commerzbank.
Social
We value an open corporate culture and actively contribute to society with various commitments.
Governance
Solid values, binding codes of conduct as well as demanding commitments form the framework of our business activities.
Strong commitments and partnerships build the foundation of
Commerzbank's approach to sustainability
2008
2020
2023
04/25
2040
Diversity Charta
Task Force on Climate-Related Financial Disclosure (TCFD)
Partnership for Carbon Accounting Financials (PCAF)
Joining Equator Priciples
Net zero CO₂ emissions in banking operations
Sience Based Targets initiative (SBTi)
Task Force on Nature-Related Financial Disclosure (TNFD)
|
2006 |
2019 |
2021 |
Starting 2025 |
2050 |
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UN Global |
Principles for |
Net-Zero Banking |
Sustainable Loans to make up |
Net zero CO₂ emissions |
|
Compact |
Responsible Banking |
Alliance |
at least 10 percent of our new |
in the lending and investment |
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(PRB) |
loan business every year |
portfolio |
Regulatory requirements1
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● EU Taxonomy
Rules governing climate and environmental activities and investments
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● Corporate Sustainability Due Diligence Directive (CSDDD)
Law obliging companies to respect human and environmental rights in supply chains
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● Corporate Sustainability Reporting Directive (CSRD)
Disclosure on environmental, social and governmental impacts, risks, and opportunities
1) Exemplary excerpt 26.03.2025
Voluntary commitments1
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● Principles for Responsible Banking (PRB)
Ensuring alignment of signatory Banks with SDGs and Paris Climate Agreement
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● Taskforce on Nature-related Financial Disclosures (TNFD)
Disclosure of nature-related risks and opportunities
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● Science Based Targets Initiative (SBTi)
Controlling the customer portfolio according to scientifically based goals
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● Equator Principles
Ensuring best practice responsible banking approach to project related finance
Good progress on ESG priorities and consistent plan going forward on Commerzbank's pathway to net-zero
Key Achievements 2024
New position on deforestation
Development on ESG risks
We strengthened and expanded our position on deforestation regarding the sectors of forestry, palm oil, beef and soy
ESG risk management further developed by analysing financial materiality of social and governance risks
Majority stake in Aquila Capital
German price for inclusion
We accelerated our growth in the sustainability business by acquiring 74,9% of Aquila Capital Investmentgesellschaft
Commerzbank's commitment to inclusion
was awarded the inclusion price for the
economy
Corporate Knights
Green saving account
Commerzbank once again ranked among
Corporate Knights' 100 most sustainable
companies worldwide
Commerzbank launches green saving account which supports reforestation and ensures sustainable use of savings
26.03.2025
Outlook
Driving our ESG strategy
Our net zero commitment is at the heart of our sustainability strategy. However, we seek for a holistic ESG strategy including Social & Governance.
Empowering our customers
We want to continuously enhance our sustainable finance product portfolio with a special focus on green infrastructure and ESG advisory activities.
Looking into the future
We are building a robust ESG data infrastructure to adjust to growing reporting requirements and keep screening new business opportunities.
Environment
Embracing our responsibility - for the environment: Our contribution to the sustainable transformation
Our net zero commitment is at the heart of our sustainability strategy and based on two pillars as we support our customers in their sustainable transformations and lead by example. We are pursuing this by means of three specific targets:
Net zero portfolio
We aim to achieve net zero carbon emissions from the loan and investment portfolio by 2050. We have joined the Science Based Targets initiative (SBTi) to calculate and set intermediate portfolio targets.
10 % sustainable loans
We want to permanently allocate at least 10 percent of our new loan business to sustainable projects and business models in order to actively support sustainable transformation.
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Attachments
Disclaimer
Commerzbank AG published this content on March 26, 2025, and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on March 26, 2025 at 16:19:08.285.
