
As part of our „strategy 2024”, we implemented sustainability as one of four key cornerstones. At the core of our sustainability strategy is our commitment to becoming a net zero bank. We approach this commitment holistically and in cooperation with all employees. Together we manage sustainability across all relevant areas of the bank. With the help of the ESG Framework (PDF, 1.4 MB) , we disclose all key building blocks of our sustainability strategy and are making sustainability a key performance indicator for our company. Specifically, this means:
- We are making Commerzbank’s sustainability activities transparent.
- We define what ESG means in our customer business and what we focus on.
- We present our sustainable product solutions.
- We bundle all our sustainability guidelines and exclusionary criteria.
- We use this framework as a management blueprint for the sustainable transformation of Commerzbank.
This ESG Framework will be continuously updated to reflect both regulatory developments and our own progress. We will, for example, continuously align the planned further development of the EU taxonomy – the European classification system for sustainable economic activities – with the status of our framework.