Corporate responsibility is featured in all areas and at all levels of our business. We have summarised the key stages of the past 30 years in our CR milestones.
2010-2021
2021 | Commerzbank becomes Net-Zero Bank and commits to mobilising more than €300 billion for the sustainable transformation |
Foundation of the Group Sustainability Board | |
2020 | Commerzbank supports the Task Force on Climate-Related Financial Disclosure (TCFD) and joins the Science Based Targets Initiative (SBTi) |
Commerzbank signs climate commitment of the German financial sector | |
New climate and energy targets for 2025: Additionally 15% CO2 savings, total energy consumption to be reduced by an average of 2% per year and power consumption per full-time employee to be kept constant (base year 2018) | |
Commerzbank's Asset Management signs the Principles for Responsible Investment (PRI) | |
Second Green Bond Issuance with a volume of €500 million and an 8-Fold Re-Offer | |
2019 | Strategy Connerzbank 5.0 embeds corporate responsibility even more in the future business model |
Founding Signatory of the Principles for Responsible Banking (PRB) | |
Commerzbank reaches climate target two years ahead of time | |
2018 | Commerzbank issues inaugural green bond |
Commerzbank publishes first legally required non-financial report in its annual report | |
Commerzbank policy framework for handling environmental and social risks in its core business published | |
2017 | For the first time Commerzbank moves up into the prime segment of the Oekom rating |
Sustainability programme comprising 100 goals published | |
Commerzbank engages actively in the Green and Sustainable Finance Cluster Germany since its foundation | |
2016 | Enactment of the coal-policy |
Voluntary „Spare cent donation“ introduced for employees | |
Commitment in refugee relief via "Kompass" project | |
2015 | Commerzbank is 100% climate-neutral |
Sustainable procurement standard adopted | |
Commerzbank includes electric vehicles in its car pool | |
2014 | Commerzbank joins the Roundtable on Sustainable Palm Oil (RSPO) |
Commerzbank signs Green Bond Principles | |
2013 | 100% green electricity in all Commerzbank buildings in Germany |
Education mentor programme initiated | |
Offer of sustainable asset management | |
Certification of workplace health management in accordance with TÜV Süd "corporate health standard" | |
2012 | First Germanwide participation in the „Malteser Social Day“ |
Increased focus of core business on client needs and sustainability | |
2011 | Issue of new exchange-traded investment products based on food staples discontinued |
Global anti-corruption policy published | |
Start of the Board of Managing 2011 Directors ”Women in management positions” project | |
First carbon-neutral Annual General Meeting | |
Launch of a sustainability portfolio for private customers and sustainability information for all equities recommended | |
2010 | Global anti-fraud policy published |
Client advisory council established | |
Group Environmental Committee established |
2000-2009
2009 | Climate strategy adopted: Target: 70% reduction of GHG Emissions in banking operations until 2020. The target was achieved prematuraly in 2018. |
Environmental management system for the first time ISO 14001 certified | |
Business Keeper Monitoring System whistleblower platform introduced | |
"Commerzbank in dialogue" events launched | |
2008 | Commerzbank head office supplied with 100% green electricity |
Commerzbank signs Germany's diversity charter | |
First positions and directives for core businesses developed | |
2007 | Code of Conduct for all Commerzbank employees introduced |
Dialogue forum of banks with nongovernmental organisations started | |
2006 | Commerzbank signs UN Global Compact |
Commerzbank Values „ComWerte“ for a binding and unifying corporate culture defined | |
2005 | Reputation and Sustainability Management department established |
First Corporate Responsibility Report published | |
"Kids & Co." childcare centre opened | |
2004 | Involvement in the development of a code of conduct for debtor countries and investors in order to avoid crises in emerging markets |
2003 | Centre of Competence Energy (CoC Energy) formed in Hamburg for the development and expansion of investments in renewable energies |
2002 | "ARCO" gay and lesbian employee network established |
Commerzbank participates in the CDP (previously Carbon Disclosure Project) for the first time | |
2000 | Initiative for the promotion of voluntary work in sport established |
1990-1999
1999 | "Kids & Co." emergency childcare service for employees established |
1997 | Commerzbank moves into the world's first "green" skyscraper |
1996 | First Environmental Balance Sheet Report published |
1992 | Commerzbank becomes founding member of the UNEP Finance Initiative |
1990 | First major German bank to appoint an environmental officer |
Group Mission Statement containing a commitment to socially responsible and environmentally compatible progress | |
Commerzbank environmental internship launched in partnership with the German National Parks Association |