With a view to our own eco-efficiency, Deutsche Bank has set the goal of reducing its carbon footprint and making the business operations climate-neutral by 2013. Among other things, we are steadily improving our energy efficiency and are switching to renewable energy.
Our energy and climate strategy
As a company with global activities, we take climate change very seriously. We adopted a comprehensive energy and climate strategy in 2007 with a commitment to effective environment action in all our activities. The Environmental Steering Committee (ESC) strives to reconcile the three pillars of our strategy with economic developments.
The three pillars of our energy and climate strategy
Our energy and climate strategy defines three essential roles in which Deutsche Bank has actively committed itself to the environment: as a financial intermediary, as an eco-efficiency manager and as a climate ambassador.
We joined more than 1,000 businesses in support of the World Bank‘s „Putting a Price on Carbon“ campaign. Companies pledge to work with governments towards the objective of a carbon price applied throughout the global economy.
Catchword: Climate Performance Leadership Index
For the second consecutive year, our commitment to environmental sustainability has earned Deutsche Bank a place in the CDP Climate Performance Leadership Index (CPLI). CDP (formerly: Carbon Disclosure Project) is a non-profit organization that asks the largest stock-exchange-listed companies worldwide to publish their greenhouse gas emissions and the measures taken to reduce these every year. The results show how effectively companies tackle the issue of climate change and how transparent they are in reporting their results. These results are reflected in the CPLI. Our score of 91 of 100 disclosure points (2012: 90) and an A rating for performance (2012: A) placed us among 57 companies in the CPLI 2013, demonstrating a strong approach to climate strategy and emissions reduction.