Commerzbank forces coal phase-out 2030 (13.12.2021)
Commerzbank has issued a new policy on fossil fuels – with the aim of forcing a coal phase-out by 2030 and pushing forward the sustainable transformation of the real economy. In addition to coal, the treatment of companies from the oil and gas sectors is also taken into account. The new policy is another major step towards net zero and underscores the Bank's commitment to channelling investment flows towards the Paris climate target. more
Sensitizing customers to climate protection (10.12.2021)
Within our mobile banking app customers are now able to determine their individual carbon footprint – another milestone in Commerzbank's digitization and sustainability strategy. We explain the application in the online magazine "Commerzbanker" (in German language). more
Interview: Sustainable asset management (26.11.2021)
Why should one invest its money responsibly? That is what we asked our client Wolfgang Kropp, CEO of the Svevind Group. The company has been building wind and solar power plants worldwide for 25 years. The interview with him and his bank adviser Hans-Walter Wittig can be read in the online magazine "Commerzbanker" (in German language). more
How to get paperless? Get rid of paper! (16.11.2021)
The "paperless bank" initiative is one of Commerzbank's good intentions for 2022. The focus is on customer correspondence, but also on internal processes. The background to the project is explained in the online magazine "Commerzbanker" (in German language). more
Commerzbank placed in top group (02.11.2021)
This year's "Focus Money" study, which was published by the German business magazine from Focus Magazin Verlag in cooperation with the Cologne-based consulting and analysis company ServiceValue, rated both Commerzbank and Comdirect as "Very Good" in the overall rating and thus placed them in the top group. Commerzbank scores particularly well in the categories "Socially Responsible Action" and "Environmental Sustainability". The Managing Director of ServiceValue emphasizes at Focus Magazin: "This shows that the companies keep their promises – and do not preach empty words." more
Apply now for an environmental internship in 2022 (25 October 2021)
For more than 30 years, Commerzbank has enabled students to work as interns in a German protected area for several months. In 2022 also, up to 75 students will be able to complete an open-air semester in one of the 27 national parks, nature parks and biosphere reserves involved. The Commerzbank environmental internship offers students the opportunity to combine their passion for nature and the environment with practical experience, thereby acquiring important skills for the future career choice. The closing date for applications is 15 January 2022. more
Nominated three times for the Sustainability Heroes Awards (15 October 2021)
We are pleased about the nominations for the Sustainability Heroes Awards 2021 by DQS Deutsche Gesellschaft für Qualität in the categories Sustainability Strategy, Carbon Footprint and Biodiversity. They confirm our strategic alignment with a focus on Net-Zero Banking and acknowledge our contribution to species protection with the Commerzbank environmental internship.
Family-friendliness at Commerzbank — we were awarded "gold" (02 September 2021)
Together with the newspaper "Welt am Sonntag" and the Goethe University Frankfurt, the analysis and consulting company ServiceValue put the family-friendliness of 731 companies from 73 sectors to the test for the ninth time in a national customer survey. Commerzbank has now been awarded "gold" as the industry winner among branch banks in 2021. This award is a great recognition of our commitment and support activities around the topic of work-life balance, to which we attach great importance to. more
Commerzbank shines in rainbow colors (29 July 2021)
The Commerzbank Tower in Frankfurt has been shining in rainbow colours for a few weeks now - a statement that is reflected in the corporate culture and the self-perception of the employees. And not just during Pride Season, but 356 days a year and for all dimensions of diversity. In the interview, Albert Reicherzer, Divisional Board Member Group Organisation and Security, explains why diversity is important in the company, why diversity should be the norm and how he advocates for it. Because unfortunately, unequal treatment and discrimination against LGBT*IQ people are still part of everyday life. To combat this, Reicherzer calls a.o. for breaking down pigeonholing, questioning one's own habits and thought patterns and overcoming unconscious prejudices. more
Flood disaster: Commerzbank donates for emergency aid (21 July 2021)
The consequences of the worst flood disaster in Germany for decades are shocking. Houses, streets and entire landscapes lie in ruins. Numerous people are dead, injured and still missing. But one thing has brought hope in recent days - solidarity and the willingness to help. Donations of money and goods are reaching the areas from all over Europe. Volunteers are coming to help people remove mud and water as well as repair the damage done. The Board of Managing Directors of Commerzbank is also concerned to help the affected people quickly and without bureaucracy. For this reason, Commerzbank is donating 100,000 euros in emergency aid to "Aktion Deutschland Hilft".
GRI Report 2020 published (30 June 2021)
Commerzbank presents its sustainability report 2020 in accordance with the guidelines of the Global Reporting Initiative (GRI Report 2020). In this overview, we give a detailed view on our sustainability achievements. The GRI Report is also our Communication on Progress (COP) regarding the ten principles of the UN Global Compact. more
Commerzbank mobilises capital for sustainable transformation (12 May 2021)
Commerzbank is committed to actively shaping the sustainable transformation of society and the economy. The transformation requires enormous investments. To support our clients on their transformation path, we are steadily expanding our sustainable product offering. We are committing to mobilise more than 300 billion Euros for the sustainable transformation by 2025. With a detailed framework, we are making transparent which products we classify as "sustainable" for this purpose. more
Start of Commerzbank environmental internship 2021 (29 April 2021)
With an introductory seminar 75 students officially began their Commerzbank environmental internship 2021. Corona-compliant as a digital event, there were various lectures on the topic of nature conservation and environmental education on two days, as well as opportunities to make contact-less contacts. Commerzbank's environmental interns are deployed in the 27 large-scale conservation areas that are partners of the program. Over the past 30 years, around 1,800 students have provided an environmental internship to support conservation areas in the field of environmental education and have experienced professional perspectives in nature conservation. more
New survey with sustainability focus by “Unternehmerperspektiven” (27 April 2021)
The new SME survey "Economy in Transition: The Opportunities of the Green Deal" of the Commerzbank initiative “Unternehmerperspektiven” deals with sustainability and the importance of sustainable management for small- and medium-sized enterprises The survey is based on the European Green Deal. It examines both the sustainability strategy of SME and the impact of the pandemic on them. The survey shows where the opportunities for the companies lie and what challenges they face. We support our clients in both cases. more (German only)
Commerzbank announces to become a net zero Bank (21 April 2021)
Commerzbank has joined the Net-Zero Banking Alliance of UNEP FI, the United Nations Environment Programme Finance Initiative. As one of the first financial institutions worldwide, Commerzbank is committed to reducing its CO2 emissions in the best possible way. The aim is to reduce the CO2 balance sheet of its entire lending and investment portfolio to net zero by 2050 at the latest. For its own banking operations, the Bank aims to reduce CO2 emissions to zero by 2040. more
Carbon Footprint for 2020 reduced by 30% (20 April 2021)
Commerzbank’s verified carbon footprint in Germany amounted to 75.656 t of CO2 emissions in 2020 which is 30% less than in 2019. This is due to the Covid-19 pandemic and the decline in business travel and commuting. Since 2015 Commerzbank has been operating in a climate-neutral manner. We compensate all unavoidable emissions with CO2 certificates according to our criteria for compensation. Air travel is compensated with gold standard certificates. These CO2 emissions amounted to only 380 t in 2020, a decrease of almost 90% in comparison to the previous year. more
Lights off. Climate Protection on. (29 March 2021)
Once again Commerzbank took part in the worldwide Earth Hour. On 27 March the lights in several buildings in Frankfurt and Berlin were turned off for one hour. Far beyond these 60 minutes the initiative strives to motivate people for a more sustainable life. Commerzbank has long been active in climate protection. We have designed a climate strategy that aligns our existing activities with those we plan for the future. more
Non-financial report 2020 published (24 March 2021)
Non-financial factors also have an impact on Commerzbank's success. We therefore report on environmental, employee, customer and social issues, as well as on respect for human rights and the fight against corruption and bribery. The report is in accordance with the requirements of the German Act on Strengthening Corporate Non-Financial Reporting. The non-financial report is published in the Annual Report 2020 and has been audited by the auditing firm Ernst & Young. more
Publication of the Principles for Responsible Banking report (22 March 2021)
Commerzbank is one of the founding signatories of the Principles for Responsible Banking (PRB). Hereby, the bank emphasizes the high relevance of responsible banking for the company and is aware of the impact of its own actions upon the society. Commerzbank has now published its first progress report. Therein, it reports on the implementation of the PRB's six principles. These serve as a framework for achieving the Sustainable Development Goals and the targets of the Paris Climate Agreement. PDF, 337 kB
Commerzbank among the leaders in ESG reporting (17 March 2021)
A survey by Zielke-Research-Consult has compared the CSR reports of 119 German banks and has rated Commerzbank’s 2019 Non-financial Report as one of the best. The Non-financial Report ranks 6th and is thus among the leaders. All three ESG dimensions (environmental, social, governance) have been covered in the evaluation. more
hausInvest classified as a sustainable fund (10 March 2021)
As one of the first open-ended real estate funds in Germany, hausInvest has fulfilled the EU disclosure requirements for a finance product with ecological features as defined in Article 8. The corresponding notification procedure at Germany’s Federal Financial Supervisory Authority (BaFin) has been successfully concluded. The fund bears responsibility for the climate relevance of its real estate. In addition to ecological aspects, social criteria are increasingly being taken into account. In order to create affordable housing in German conurbations the fund management plans to make investments of about two billion euros in the coming years. more
Foundation of the Group Sustainability Board (18 February 2021)
With the new Group Sustainability Board, we establish a central decision-making body on the topic of sustainability. It is responsible for defining the bank's strategic sustainability goals, as well as monitoring and steering the measures to implement them. The involvement of top management representatives makes clear that sustainability is of utmost importance for the bank. more
Commerzbank compensates emissions through project in Zambia (16 February 2021)
Commerzbank has been operating in a climate-neutral manner in Germany since 2015. At the moment, this is achieved by consistently reducing our CO2 emissions and compensating unavoidable emissions with certificates from different projects. One of these projects, the Luangwa Community Forests Project in Zambia, protects almost 1 million hectares of forest from deforestation. More
CDP recognition for managing climate risks in the supply chain (09 February 2021)
Commerzbank has been again recognized by the international non-profit organization CDP for its commitment to climate protection in the supply chain. It is thus among the top 7% of companies assessed. The evaluation is based on selected criteria of the 2020 CDP questionnaire, including the bank's own targets, scope 3 emissions and engagement with suppliers, as well as the bank's overall CDP climate change score. Commerzbank sets a mark regarding environmental compatibility of the products and services purchased, especially with its sustainable procurement standard and supplier questionnaire. more
Commerzbank in Corporate Knights Global 100 Index (25 January 2021)
Commerzbank has been included for the third time in Corporate Knight’s “Global 100 Most Sustainable Corporations in the World Index” (G100) and has reached the 67th place in the 2021 ranking. Commerzbank is ranked among the Top 10 most sustainable banks in the world and is one of 7 German companies in the Index. more
Commerzbank awarded title "Climate-conscious company" (21 January 2021)
The magazine Capital and the Statista data portal have awarded Commerzbank the title "Climate-conscious company". For the study, approx. 2000 companies were examined regarding their success in reducing their CO2 emissions over the past years. The ratio of emission savings compared to revenue development was also included in the evaluation. The top 100 companies in the study received an award. more
