News from 2024

Current announcements and achievement

Lake in a mountain valley

International Day for Biological Diversity

Sustainability goes far beyond climate protection - topics such as biodiversity and species protection are also essential factors for our prosperity. For this reason, Commerzbank is increasingly committed to the sustainable use and protection of our biological diversity. The introduction of our own position on deforestation was a significant milestone last year. With the customer requirements formulated there, we aim to minimize the deforestation of forests in our customer portfolio. In addition, we report in accordance with the requirements of the Taskforce on Nature-related Financial Disclosures (TNFD) in our Non-Financial Report 2023 for the first time. This increases our transparency about nature-related risks and opportunities and helps us to identify future fields of action, develop concrete goals and improve the protection of biodiversity. The topic is also gaining in importance in politics and regulation. The upcoming EU Deforestation Directive (EUDR) is occupying many of our customers and the attention of the financial supervisory authorities is also continuously increasing. Biodiversity will also continue to gain relevance for us at Commerzbank.

Start of the Commerzbank-Environmental Internship 2024

This spring, 53 students came together again in the Bavarian Forest National Park to prepare for their internships in natural landscapes throughout Germany as part of a joint introductory seminar. These assignments include various national parks and biosphere reserves, which receive active support from the environmental interns in the areas of environmental education and public relations. Thanks to funding from Commerzbank, it has been possible to make targeted investments in the training of more than 2,000 young people in the context of environmental education since the project was launched 34 years ago.

Earth Hour 2024: Together for more climate protection

Commerzbank once again participated in the worldwide Earth Hour and switched off the lights for one hour at 8.30 p.m. on 23rd of March at selected locations in Frankfurt and Berlin. The joint campaign also motivates people to live and act in a more environmentally friendly way far beyond the 60 minutes. Commerzbank is pursuing this goal with its own climate strategy.

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Recognition of our commitment from 2023

Commerzbank systematically fulfils its corporate responsibility in the various fields of action. We are pleased that our commitment is regularly recognised with awards.

Commerzbank wins two awards for sustainability projects

The Commerzbank Environmental Internship and ESG Framework are honoured with the German Award for Sustainability Projects 2023. A top-class jury from science, business and the media, chaired by Yvonne Zwick, Chairwoman of B.A.U.M. e.V., evaluated the submissions. Out of a total of 283 nominations, Commerzbank was able to convince with two projects and win awards. The award was presented for the third time by the German Institute for Service Quality, the news channel ntv and the DUP UNTERNEHMER magazine. The focus of the award is on the 17 Sustainable Development Goals of the United Nations in the social, economic and environmental areas.

Corporate Knights Global 100

Commerzbank is the only German bank to be listed in Corporate Knights' "Global 100 Most Sustainable Corporations in the World Index" (G100) for the fourth time in a row this year. In the 2023 Global 100, Commerzbank is ranked 85th. In a sector comparison, the bank is ranked 6th.
Decisive factors for the successful listing are in particular

  • Retaining our employees
  • Diversity, especially on the board
  • the consideration of sustainability in variable remuneration and
  • The large portfolio of renewable energies compared to the competition

Award for environmental protection in office organisation

For its commitment to environmental protection in office organisation, Commerzbank was awarded first place in the category "Companies with over 500 employees" by B.A.U.M. e.V. in the "Office and Environment" 2022 competition.

Our award-winning activities in recent years