Less paper – and the forest profits twice Less paper – and the forest profits twice

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Commerzbank is one of the main sponsors of the nonprofit "Bergwaldprojekt e.V." (mountain forest project). The cooperation started in October 2018: For every switch to an electronic mailbox in online banking, Commerzbank plants one square meter of forest in Germany by passing on the cost savings for paper, printing and sending documents to the "Bergwaldprojekt". By the end of 2019, 670,000 square meters of new forest were created this way. Thus, the bank and its customers jointly save natural resources, reduce harmful CO2 emissions and support the stock of German forests. This is in line with Principle 7 of our sustainability strategy.

The cooperation will continue in 2020 with various measures. For example, asset management has made the year-end reporting 2019 available to its clients digitally rather than by post. The financial savings in paper, printing costs and postage were donated to the Bergwaldprojekt e.V. As a result, a further 3,500 square metres of forest can now be reforested. In addition, asset management is supporting the Bergwald project 2020 with a further action: For every client who aligns his asset management with sustainability, we promote the afforestation of 50 square meters of public forest in Germany.

“Bergwaldprojekt” was established in 1987 in the wake of the debate about forest dieback and is active not only in Germany but also in Switzerland, Austria, Spain and Ukraine. The purpose of the association is the protection, preservation and care of forests, as well as fostering understanding for the interrelations between nature, forest issues and humanity’s dependence on these as a basis of existence. “Bergwaldprojekt” works with volunteers in forests, moors and open-land biotopes in different locations in Germany.

More information

Bergwaldprojekt e.V. (only in German)

Electronic mailbox (only in German)

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