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Our sustainability strategy
Sustainability strategy
We continue to regard sustainability as an integral component of prudent risk management, long-term value creation and client service. Climate change and resource scarcity increasingly affect economies, industries and societies. As a bank, we have a responsibility to understand these impacts, manage associated risks and support our clients as they adapt and transform their business models.
Since making sustainability a management board priority and core element of Deutsche Bank’s Global Hausbank strategy in 2019, we have made substantial progress in translating our ambitions into action. We have further strengthened our governance framework, enhanced climate and nature-related risk management capabilities, expanded our sectoral decarbonization approaches and continued to refine our methodologies in line with evolving market practices and regulatory requirements.
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Sustainable Finance |
Enable clients' transition through strategic dialogue, products and services |
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Policies & Commitments |
Maintain and develop dedicated control frameworks and processes to enhance resilience and capture Business opportunities |
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People & Own Operations |
Embed sustainability across the organization by systematically integrating environmental and social aspects into the bank’s steering |
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Thought Leadership & Stakeholder Engagement |
Advocate for sustainable transition through dialogue with governments, academia, and interest groups |
To underline Deutsche Bank’s strong commitment to sustainability, the bank has set itself the following key targets and goals:
- Achieve EUR 900 billion1,2 in cumulative sustainable and transition financing and ESG investment volumes from 2020-2030, (excluding DWS)
- Facilitate 300 nature-related transactions2 by end of 2027
- Reduce its CO2 emissions (Scope 1 to 3) to net zero by 2050. Accordingly, the bank has set sectoral decarbonization targets for 2030 and 2050 for eight carbon-intensive sectors in its corporate loan portfolio.2
- Reduce emissions in the bank’s own operations and supply chain (Scope 1, Scope 2 and Scope 3: Category 1 to 14) by 46% by the end of 2030 compared to the 2019 baseline2
1Cumulative figures include sustainable and transition financing as well as ESG investment activities as defined in Deutsche Bank’s Sustainable Finance Framework, Transition Finance Framework, and ESG Investments Framework; all are published on the bank’s sustainable finance website.
2Further detailed information on Deutsche Bank’s environmental claims can be found in the Repository of Future Environmental Claims.
Our sustainability journey
We have made steady progress in integrating sustainability into our business and operating model. As a testament to the changes we have initiated, we provided comprehensive updates on our progress and strategic outlook at our 1st Sustainability Deep Dive in 2021 and our 2nd Sustainability Deep Dive in March 2023.
Read more in our most recent update
Archive
Read more in our initial report
Show content of Disclaimer
The transition to a sustainable economy is a long-term undertaking. In its current stage, we are confronted with the limited availability of climate related data. Use of estimates and models is inevitable until improved data becomes available. Our expectations for increasing data quality are based on reporting obligations as currently developed. New regulations on reporting will likely become effective in the coming years. Harmonized standards and calculation methods are expected to be developed and will also improve data quality.
This website includes metrics that are subject to measurement uncertainties resulting from limitations inherent in the underlying data and methods used for determining such metrics. The selection of different, but acceptable measurement techniques can result in materially different measurements. The precision of different measurement techniques may also vary. The information set forth herein is expressed as of September 2026, and we reserve the right to update its measurement techniques and methodologies in the future.
We have measured the carbon footprint of our corporate loan portfolio as well as our European Real Estate loan portfolio in accordance with the standards we discuss in our Repository of Future Environmental Claims.
In doing so, we partly used information from third-party sources that we believe to be reliable, but which has not been independently verified by us, and we do not represent that the information is accurate or complete. The inclusion of information contained in this document should not be construed as a characterization regarding the materiality or financial impact of that information.
If emissions have not been publicly disclosed, these emissions may be estimated according to the Partnership for Carbon Accounting Financials (PCAF) standards. For borrowers whose emissions have not been publicly disclosed, we estimate their emissions according to the PCAF emission factor database. Since there is no unified source of carbon emission factors (including sustainability-related database companies, consulting companies, international organizations, and local government agencies), the results of estimations may be inconsistent and uncertain.
Past performance and simulations of past performance are not a reliable indicator and therefore do not predict future results.
This website contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements, including in relation to decarbonization, emissions reductions, net-zero pathways or other environmental objectives, are based on plans, estimates, and projections as they are currently available to the management of Deutsche Bank Aktiengesellschaft.
Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to publicly update any of them in consideration of new information or future events. The achievement of our objectives depends on a variety of factors and is subject to continuous monitoring and review. Further information regarding governance, implementation measures, milestones and external review is available in our Repository of Future Environmental Claims. By their very nature, forward-looking statements involve risks and uncertainties. Several important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement.
Such factors include the conditions on the financial markets in Germany, in Europe, in the United States, and elsewhere, from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets; the development of asset prices and market volatility; potential defaults of borrowers or trading counterparties; the implementation of our strategic initiatives; the reliability of our risk management policies, procedures and methods; and other risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described in detail in our most recent SEC Form 20-F under the heading “Risk Factors.” Copies of this document are readily available upon request or can be downloaded from the Investor Relations website.