February 24, 2011

Re-opening ceremony of the Deutsche Bank towers

Josef Ackermann: “These towers stand for Deutsche Bank.” / Building receives LEED Platinum and DGNB Gold eco-certifications

After a three-year renovation period, the two 155-metre-high Deutsche Bank towers were officially re-opened this evening in a ceremony attended by guests from politics, business and society. Almost 26 years ago to the day, in February 1985, Deutsche Bank’s headquarters at Taunusanlage 12 were formally opened for the first time. Since then, the towers have become landmarks of Frankfurt and symbols of Germany as a financial centre.

Dr. Josef Ackermann, Chairman of the Management Board of Deutsche Bank AG, explained that “These towers are not just Frankfurt landmarks, they are also trademarks of a Deutsche Bank that is strong, aware of its social responsibility, and globally-oriented but still has its roots in Frankfurt and Germany. These towers stand, in the truest sense of the word, for Deutsche Bank. We are truly at home here.”

Prof. Mario Bellini, designer and architect from Milan: “The towers are symbols of a very solid company that has grown over many years, one that is built on strong foundations but at the same time remains highly dynamic.”

Deutsche Bank used the renovation of the towers to implement many innovative and progressive ideas, primarily in the field of ecology. For example, the bank has cut down on its energy supply by a half, water consumption by over 70 percent and CO2 emissions by almost 90 percent, making the new towers one of the most eco-friendly high-rise buildings in the world.

The towers were awarded the highest possible certifications of LEED Platinum and DGNB Gold for their resource and energy efficiency. Scot Horst (U.S. Green Building Council) and Professor Manfred Hegger (German Sustainable Building Council) presented the two certificates to Hermann-Josef Lamberti who, as Chief Operating Officer, was the Deutsche Bank Management Board member responsible for the renovation. 

Dr. h.c. Petra Roth, Mayor of the City of Frankfurt am Main, emphasized in her welcoming remarks the importance of green and sustainable buildings in urban development. “We are delighted that the modernization of the Deutsche Bank towers has attracted interest worldwide. Frankfurt deserves its reputation as a 'green city' in many ways. This is a goal that we have been working towards for many years, and one that we have further highlighted by applying for the 2014 European Green Capital Award.”

In addition to a building meeting the highest ecological standards, the bank has created a state-of-the-art, innovative working environment for almost 3,000 employees including a globally unique collection of contemporary international art as well as a new level of openness. This is particularly apparent in the foyer, but also in the re-designed plaza and the small park at the side which invites one to linger, the new business centre and the branch, “The BrandSpace” open to the public in which the Deutsche Bank brand can be experienced in a completely new and creative way, and finally the restaurant with a large terrace looking out onto the Opera House.

Dr. Thomas Schäfer, Hesse’s Minister of Finance, commented: “Transparency and sustainability are expected in the financial sector just as they are in matters of financial policy. They can be seen in future-oriented construction methods such as those used for this building and also in future-oriented financial policies for Hesse, especially budgetary policies. Transparency is reflected in the introduction of a double-entry bookkeeping system with a record of state assets, and in the creation of a balance sheet for the federal state of Hesse for the first time. Sustainability is reflected in financial policies aimed at reducing net new borrowing step by step to give the next generations scope for action again.”

The re-opening of the towers is accompanied by a series of events entitled “Globe. For Frankfurt and the World”. From March 2 until April 15, 2011, in the area where the restaurant will later be located, artists from around the world will be running a public programme that will include attractive films, videos, music and discussions.

On the “Globe. For Frankfurt and the World” events (from March 2 to April 51, 2011): www.deutsche-bank.de/globe

Factsheet Deutsche Bank Towers

For additional information, please contact:

Deutsche Bank AG
Press & Media Relations   

Klaus Thoma   
Tel. + 49 (0)69 910 33405   
E-mail: klaus.thoma@db.com  

About Deutsche Bank

Deutsche Bank is a leading global investment bank with a strong private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With more than 100,000 employees in 74 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions, creating lasting value for its clients, shareholders, people and the communities in which it operates.


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