Living entrepreneurial responsibility, Governance
Commerzbank is committed to the principle of corporate responsibility. Solid values, binding codes of conduct and demanding voluntary commitments form the framework of our business activities. With the help of an extensive governance structure, we have firmly anchored sustainability in the corporate structure.
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”).
- Sustainability Strategy
Sustainability has been an integral part of our corporate strategy since 2020
- Governance structure
Sustainability holistically anchored in the organisation
- Compliance & Risk Management
For the protection of our company, our employees and our customers
Holistic consideration of sustainability, ESG - dimensions of sustainability
ESG is the abbreviation for "Environmental, Social, Governance" and is used to describe the various dimensions of sustainability, based on criteria from the fields of environment, social and responsible corporate governance.
Central committee on sustainability, Group Sustainability Board
With the Group Sustainability Board as a central decision-making body at management level, we firmly anchor the cross-cutting topic of sustainability in the organisation of our bank.