SDG 7: Affordable and Clean Energy SDG 7: Affordable and Clean Energy

Ensure access to affordable, reliable, sustainable and modern energy for all

In 2021, Commerzbank set itself the goal of reducing its entire own banking operations to net zero by 2040 as part of its Net Zero Strategy. By 2025, greenhouse gas emissions at Commerzbank are already to be reduced by 30% compared to 2018. Commerzbank’s banking operations have already been climate-neutral since 2015; in domestic locations, the bank has been using exclusively green electricity since 2013, with the proportion also exceeding 90% on a global scale. Commerzbank offsets emissions that cannot yet been avoided by purchasing CO2 certificates, preferably from renewable energy generation projects in developing countries.