Commerzbank takes its responsibilities as a financial service provider very seriously, as indicated by its membership in several respected associations. As a result of these memberships, we play an important role in the development of new standards and topics for discussion.
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Memberships
- German Environmental Management Association (BAUM) (since 1985)
- German Association for Environmental Management and Sustainability in Financial Institutions (VfU) (since 2006)
- Environment and Sustainability Network (NeUN), previously the Rhine-Main Green Office and Building Network (NGB) (since 2006)
- Rhine-Main Environmental Forum (since 2009)
- German Sustainable Building Council (DGNB) (since 2010)
- Partner for Youth at UPJ (German network of socially aware businesses and non-profit organisations) (since 2013)
- Green Bond Principles (since 2014)
- Coalition for Transparent Business (Commerzbank Prague, since 2014)
Initiatives
- UNEP FI (1992 founding member)
- CDP (previously Carbon Disclosure Project) (since 2002)
- UN Global Compact (since 2006)
- Germany's Diversity Charter (2008 signatory)
- German Sustainability Code (first compliance statement in 2013)
- Worldbank's Carbon Pricing Leadership Coalition (since 2015)
- Commit to action, a non-governmental platform in the run-up to the UN Climate Change Conference in Paris (2015)
- BEEN, Business Energy Efficiency Network Frankfurt (since March 2017)
- Frankfurt Declaration (2017 signatory)
- Green and Sustainable Finance Cluster Germany (since 2017)
- UN Women's Empowerment Principles (since 2018)
- Alliance for Development and Climate (since 2018)
- Pledge Climate Neutral Now (2018 signatory)
- Principles for Responsible Banking (2019 founding signatory)
- Green Investment Principles for Belt and Road (2019 signatory)
- Climate Bonds Initiative Partnership Program (since 2020)
- German collective commitment to climate action of financial sector (2020 signatory)
- Principles for Responsible Investment (2020 signatory)
- Task-Force on Climate-related Financial Disclosure (2020 signatory)
- Scienced-based Targets Initiative (2020 signatory)
- Net-Zero Banking Alliance (2021 signatory)
- EU Climate Pact (2021 signatory)
- Biodiversity in Good Company (2022 signatory)
Working Groups
- Working Group Sustainability within Bankenverband (Federal Association of German Banks / since 2013)
- Projekt Committee on Sustainable Finance within Bankenverband (Federal Association of German Banks / since 2020)
- ICC Sustainable Trade Working Group (International Chamber of Commerce / since 2016)
- IIF Sustainable Finance Working Group (Institute of International Finance / since 2016)
- Peer Learning Group on Human Rights (German Global Compact Network / since 2017)
