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GRI Report 2021 published (05.07.2022)

Commerzbank presents its sustainability report 2021 in accordance with the guidelines of the Global Reporting Initiative. This GRI Report is published in a revised online format including a PDF download option. 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

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Sustainability Dialogue (04.07.2022)

At the second public sustainability dialog, Commerzbank presented its new ESG Framework. In addition, the exchange focused on ambitious targets: Volume of sustainable products of more than 200 billion euros by the end of 2022, doubling the financing volume for renewable energies to 10 billion euros by 2025 and a significant CO2 reduction in the customer portfolio by 2030. The event can be viewed in the webcast. more

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Sustainability in corporate banking (04.06.2022)

Sustainability is firmly anchored in the Bank's strategy. Martin Seimetz, Project Manager Sustainability in Corporate Banking, explains what this means for corporate customer business in the online magazin "Commerzbanker". more

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Commerzbank establishes sustainability advisory board (24.05.2022)

The Board of Managing Directors has set up a Sustainability Advisory Board made up of external experts. This makes Commerzbank one of the first major banks in Germany to have such a body. The new advisory board is intended to help advance the issue of sustainability. "I am convinced that the critical view of the experts will help us to develop and prioritize measures," says CEO Manfred Knof. more

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No 1 Nonfinancial Report (22.05.2022)

In the ranking of the sustainability reports of Zielke Research consult, Commerzbank ranked first among 110 rated German credit institutions. In particular, the Bank scored in the Environment area with the transparent presentation of measures to reduce CO2 and integrate ESG criteria into lending. Social highlighted the high female participation rate in management positions and the high inclusion rate, as well as employee benefits and customer satisfaction scores disclosure. There were full scores in the area of governance. more

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German Offshore electricity for medium-sized industrial companies (20.05.2022)

Commerzbank and RWE have signed a Memorandum of Understanding. They plan the construction of a joint offshore wind farm with a capacity of around 1 gigawatt. A ‘Green Mittelstand Fund’ is to give medium-sized enterprises access to green electricity production. “The ‘Mittelstand’ is what makes the German economy a success. With this innovative solution, we want to give these companies in particular access to green electricity production from offshore wind turbines and thus contribute to financing the energy transition in Germany”, explains Michael Kotzbauer, Member of the Board of Managing Directors, Corporate Clients at Commerzbank. more

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One year of Net-Zero (21.04.2022)

Commerzbank joined the Net Zero Banking Alliance exactly one year ago. Since then, the bank has already achieved many successes. Compared to 2020, Commerzbank has almost doubled its sustainable business volume. At the end of 2021, this stood at over 190 billion euros. In the corporate customer business, the bank is doing very well, particularly with sustainable bonds and sustainability-linked loans. In the retail customer segment, one in four mortgage loans is already green. Through the KPI-linked loan, the bank is also incentivizing sustainable action with an interest rate rebate, and the new fossil fuel guideline is also bringing the bank closer to its net zero target. more

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Lights off. Climate Protection on. (28.03.2021)

Once again Commerzbank took part in the worldwide Earth Hour. On 26 March the lights in several buildings in Frankfurt and Berlin were turned off for one hour. In 2022, Earth Hour was also a sign for peace in the whole world. 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 (28.03.2022)

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. For the first time we are also aligning our nonfinancial report with the requirements of the Task Force on Climate-related Financial Disclosures (TCFD). The non-financial report is published in the Annual Report 2020 and has been audited by the auditing firm Ernst & Young. more

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Commerzbank joins the Biodiversity in Good Company Initiative (15.03.2022)

Biodiversity is increasingly becoming the focus of sustainability debates. Commerzbank will also place greater strategic focus on this topic in the future. By joining the "Biodiversity in Good Company" initiative, we are taking a first step towards joining forces with other companies to promote the sustainable use of the world's biodiversity. more

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Sustainable digital asset management (15.02.2022)

"cominvest green" is the new sustainable investment with the Robo-Advisor from comdirect. The global investment universe consists of ETFs and ETCs in nine asset classes, which are selected according to ecological, social, and ethical aspects (ESG criteria) in addition to the selection standards of the classic cominvest investment. The portfolio is compiled according to individual risk profile, permanently monitored, and automatically adapted to the market situation. The promotional offer for the start of cominvest green will be available from an investment of 3,000 euros until 30 March: The first two months of this sustainable digital asset management will be free of charge, and five e-bike vouchers worth 3,500 euros each will be drawn as prize among the participants. more

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Commerzbank recognized under CDP Supplier Engagement Leaders (11.02.2022)

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 10% of companies assessed. The evaluation is based on selected criteria of the 2021 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. more

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Further step toward Net-Zero (28.01.2022)

All parts of Commerzbank are required to achieve the Bank's Net-Zero targets. A current measure is the replacement of 120 fans at the cooling units of a Commerzbank data center in Frankfurt, which saves 1,000,000 kWh per year. This corresponds to the average electricity consumption of 235 4-person households per year. The high energy saving is not the only advantage: Furthermore, the new fans ensure higher operational reliability, lower operating and maintenance costs, more uniform flow and reduced vibration noise. more

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Commerzbank is ranked 60th in the 2022 'Global 100 Most Sustainable Corporations in the World' Index (19.01.2022)

Commerzbank is listed for the fourth year in a row in Corporate Knights' ranking of the world’s 100 most sustainable corporations (G100), making it one of only five German companies and also the only German bank. Commerzbank is ranked 60th in the 2022 Global 100, up 7 places on the previous year. Compared to other financial institutions worldwide, Commerzbank ranks 3rd. more

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Employee involvement: We at Christmas (06.01.2022)

During the pre-Christmas period, many colleagues took part in charity actions at Commerzbank, thus setting a sign of solidarity and co-humanity. You can read the details in our online magazine "Commerzbanker" (in German language): more

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Countdown: Apply now for an environmental internship in 2022 (03.01.2022)

The application portal is only open until 15 January for a Commerzbank environmental internship in the most beautiful natural landscapes of Germany. Up to 75 students can complete an open-air semester in 2022 in one of the 27 participating national parks, nature parks and biosphere reserves. more

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