Climate Protection at Annual General Meeting 2017 Climate Protection at Annual General Meeting 2017

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The active participation in global social challenges such as climate change is an integral part of the corporate culture and values of Commerzbank. A practical example of our contribution to climate protection is the Annual General Meeting.

Our primary goal is minimizing our carbon footprint. Therefore we are going to reduce the greenhouse gas emissions by 70 percent until 2020 (in relation to base year 2007). Furthermore, it is part of our climate strategy to compensate for unavoidable emissions by purchasing environmental certificates to finance climate-friendly projects. The 2017 Annual General Meeting emissions of 247 tons carbon dioxide (previous year: 301 tons CO2) were balanced by the acquisitions of CO2-certificates of the project CO2OL CliMates - Mecklenburg-Vorpommern trifft Äthiopien. The project is a combination of the moor rewetting project MoorFutures in the German federal province of Mecklenburg-Vorpommern and a reforestation project (PDF, 1.4 MB) of local communities and the NGO World Vision close to Soddo in Ethiopia, offering significant social, biodiversity and carbon sequestration benefits.

Photo: John Couwenberg

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