SDG 10: Reduced Inequalities SDG 10: Reduced Inequalities

Reduce inequality within and among countries

For almost three decades, our diversity management has been working to create an open, fair and appreciative environment throughout the Group. In this context, the focus is on gender equality and the inclusion of people with disabilities, as well as the promotion of cultural diversity. For us, diversity is a success factor for the development of the bank. The Group employs people from around 120 nations worldwide. The different backgrounds enliven and enrich the way we work together. Different perspectives and experiences lead to new ideas.

Commerzbank Aktiengesellschaft is committed to an open approach to the topic of sexual orientation and gender identity among employees, customers and business partners. In the 2021 financial year, the bank continued on its path to further anchor the self-understanding of our diverse society into the bank’s culture. The aim is to break down conscious and unconscious prejudices and reduce fear of contact. This is achieved at the bank through exchange formats, digital events and communication about queer people. External impulses are regularly incorporated into our events and panel guests from other companies or industries are invited for exchange formats in order to continually broaden our own perspective. In particular, the formats on the topic of unconscious reservations, family skills or equal opportunities, which are guided by members of the bank’s Management Board and divisional members, find great approval among employees. Examples for the cross-company cooperation are the initiatives of our ARCO network. On the occasion of Coming Out Day, people were given concrete options for action in an exchange format in order to be able to support those affected in the best possible way. The ARCO network is supported in the bank by so-called "Allies" - regardless of their own sexual orientation or identity. New since 2021 are our Executive Allies in top management, who support us and our members.

Further, the bank is committed to and maintains a zero-tolerance policy on: Discrimination, Bullying, Sexual Harassment, Stalking. The corresponding company agreement was decisively expanded in 2021 to cover all diversity aspects and, particularly, the issue of racism.

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