Commerzbank's ESG Framework
With the help of the ESG Framework, we disclose all key building blocks of our sustainability strategy and are making sustainability a key performance indicator for our company.
Acting responsibly, growing sustainably
Sustainability has been an integral part of our corporate strategy since 2020. In this context, we see responsibility as a key guiding principle that underpins our holistic ESG approach. At the core of our sustainability strategy is our commitment to becoming a net zero bank. This means reducing our greenhouse gas emissions to net zero. Additionally, we set ambitious targets across all ESG dimensions. After all, sustainability is about more than climate change – we’re also committed to community engagement and responsible governance.
Content of the ESG Framework
The ESG framework forms the foundation of our holistic sustainability strategy around Environment, Social, and Governance. Our approach is based on transparency and comprehensive information to build trust with our stakeholders. It will be continuously updated to reflect both regulatory developments and our own progress. In particular, we will continuously incorporate the implementation of regulatory developments into our framework.
With the help of the ESG Framework, we disclose all key building blocks of our sustainability strategy and are making sustainability a key performance indicator for our company. Specifically, that means:
Transparency
We make our understanding and commitment to sustainability transparent across all ESG dimensions.
Sustainability Goals
We publish our seven sustainability goals in the areas of environmental, social and governance.
Exclusion criteria
We communicate our basic social and environmental exclusion criteria as well as ESG requirements (General Finance).
Products
We define the standards for our sustainable products and present corresponding product solutions (Sustainable Finance).
Management
We use this framework as a management blueprint for the sustainable transformation of Commerzbank.
External Review
The ESG framework has been externally assessed and validated. The results can be accessed .
Further Contents
We divide our financial products into general finance and sustainable finance. While both categories meet our basic social and environmental ESG requirements, Sustainable Finance also...
We live and breathe diversity every day, driven by a sense of responsibility to our employees, our customers, our business partners and to society as a whole.
Transforming our world: As part of society, Commerzbank is making its contribution to achieving the 2030 Agenda for Sustainable Development
