Sustainable Operations
We have set a number of measures and targets in our own banking operations, thus making our contribution to climate and environmental protection.
Sustainability and ESG are widely used terms. Sustainability describes a forward-looking perspective in which environmental, social and economic aspects are considered over the long term in order to preserve the foundations of life and business for future generations. In the corporate and financial sectors in particular, these aspects are commonly summarized under the term ESG (Environmental, Social and Governance). Sustainability is defined differently across regulatory, scientific, and economic contexts. Regulatory requirements, such as the EU Taxonomy or the EU Sustainable Finance Disclosure Regulation, provide a framework for individual sustainability aspects while leaving room for company-specific specification.
The specific meaning of sustainability for Commerzbank AG’s products, services, and business activities is set out in the ESG Framework. It defines the relevant criteria and distinguishes, in particular, between the Bank’s own business and external client investment and insurance business, including asset management and securities business (“third-party business”).
- Operational environmental management
We set a good example in the areas of operational environmental management and responsible procurement.
- Energy and environmental management
Objectives in the area of "energy and environmental management" in banking operations
- Responsible Procurement
Requirements for suppliers and service providers in the procurement process
- Mobility for our employees
We support employees with offers for the use of bicycles, public transport and electric drives in the working environment. These offers open up additional opportunities for work and...
Target: Net Zero
- Net Zero Banking Operations
Our target by 2040: Reduction of CO₂e Emissions to Net Zero in Banking Operations according to our Implementation Plan
- Handling of CO₂e emissions in banking operations
As part of our net-zero trajectory,
More than just recycling, Circular economy
Ideally, the concept of a circular economy aims to achieve complete waste avoidance and the effective use of raw materials, thereby reducing the consumption of raw materials. Commerzbank supports its customers and gears internal measures towards achieving a circular economy.