Corporate Responsibility Milestones Corporate Responsibility Milestones

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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

2021Commerzbank becomes Net-Zero Bank and commits to mobilising more than €300 billion for the sustainable transformation
Foundation of the Group Sustainability Board
2020Commerzbank 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
2019Strategy 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
2018Commerzbank 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
2017For 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
2016Enactment of the coal-policy
Voluntary „Spare cent donation“ introduced for employees
Commitment in refugee relief via "Kompass" project
2015Commerzbank is 100% climate-neutral
Sustainable procurement standard adopted
Commerzbank includes electric vehicles in its car pool
2014Commerzbank joins the Roundtable on Sustainable Palm Oil (RSPO)
Commerzbank signs Green Bond Principles
2013100% 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
2011Issue 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
2010Global anti-fraud policy published
Client advisory council established
Group Environmental Committee established

2000-2009

2009Climate 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
2008Commerzbank head office supplied with 100% green electricity
Commerzbank signs Germany's diversity charter
First positions and directives for core businesses developed
2007Code of Conduct for all Commerzbank employees introduced
Dialogue forum of banks with nongovernmental organisations started
2006Commerzbank signs UN Global Compact
Commerzbank Values „ComWerte“ for a binding and unifying corporate culture defined
2005Reputation and Sustainability Management department established
First Corporate Responsibility Report published
"Kids & Co." childcare centre opened
2004Involvement in the development of a code of conduct for debtor countries and investors in order to avoid crises in emerging markets
2003Centre 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
2000Initiative for the promotion of voluntary work in sport established

1990-1999

1999"Kids & Co." emergency childcare service for employees established
1997Commerzbank moves into the world's first "green" skyscraper
1996First Environmental Balance Sheet Report published
1992Commerzbank becomes founding member of the UNEP Finance Initiative
1990First 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

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