Deutsche Bank has used a group-wide sustainability management system based on the ISO 14001-standard since 1999. It covers environmental, social and governance issues and includes structures, processes and responsibilities for effective implementation of the sustainability strategy.
The sustainability management system supports our aim to continually improve our sustainability performance in all areas – in our core business as a financial services provider, our operational environmental protection measures, personnel management, and corporate management. It enables us to recognize and rectify any undesirable developments at an early stage.
Our sustainability management system was audited in 2014 to meet the requirements of the 2012 to 2015 cycle for recertification.
Over the next years we want to improve our sustainability management in five key areas:
- Strengthening the strategic approach of our sustainability management
- Defining a new and improved stakeholder engagement strategy
- Making our sustainability goals more strategic
- Introducing key performance indicators (KPIs) for sustainability and a system for monitoring and reporting on their performance
- Updating our system for managing sustainability risks, especially in areas that are particularly sensitive for our business.