The new policy, which starts next year, will measure the volume of sustainable financing and investment that complies with environmental, social and governance criteria and how the bank is ranked by rating agencies on sustainability… Deutsche Bank has said it will ... and how the bank is ranked by rating agencies on sustainability, the newspaper said. However, we are starting from a good base because, as a globally active financing house, we can serve the growing demand of our clients for sustainable investment products by ourselves.”. The bank has set a target for 2025 of reaching 200 billion euros ($242.8 billion) in annual sustainable investment, starting with more than 20 billion euros this year. Deutsche Bank announced today that it has publishes its new Sustainable Finance Framework, setting comprehensive rules defining which financing offers and products can be classified as sustainable. Copyright © 2020 Deutsche Bank AG, Frankfurt am Main. Deutsche Bank is currently number 10 in the global ranking for sustainable bonds (source: Dealogic). Deutsche Bank’s business operations have been climate neutral since 2012. The loan is structured such that it incentivises environmentally sustainable … To ensure all contents of this page are displayed in full, please activate JavaScript in your browser. This will enable the bank to raise funds for further developing renewable energy sources or for projects aimed at boosting energy efficiency. It also set up a sustainability … Bank of America, for example, has committed $445 billion in financing and other business activities through its Environmental Business Initiative, between 2007 and 2030, to help accelerate the transition to a low-carbon, sustainable economy. Deutsche Bank AG provides a wide range of … The German lender is tying the performance of its top level bankers to its sustainability goals from 2021, as large investment banks continue to roll out plans to cut financing to polluting … The UN’s 2030 Agenda for Sustainable Development is a plan of action to shift the world to a more sustainable … These range from the classic instruments (spot, forward and options transactions) to the fully automated processing of your hedging … These included green bonds, social bonds, sustainable bonds and bonds linked to sustainability criteria. When defining which activities it will classify as sustainable, the bank will be guided by the EU Taxonomy – the European Union’s ESG standard. It also includes sustainable assets managed by the Private Bank as of the end of 2025. Deutsche Bank has said that it plans investments in sustainable financing worth more than 200 billion euros ($242.66 billion) by 2025, with more than 20 billion euros this year, and to be carbon-neutral itself by 2025. By the end of 2025, the bank will increase its volume of ESG financing plus its portfolio of sustainable investments under management to over 200 billion euros in total. By 2025 at the latest, Deutsche Bank … To anchor the topic of sustainability throughout the company, Deutsche Bank will sign up to the Equator Principles – a set of environmental and social governance rules for project financing … Deutsche Bank (DB) has said it will link its top executives’ pay to whether or not it reaches its sustainability goals, it has emerged. (Note: Deutsche Bank's data has been updated as of April 6 with 211 million kilowatt-hours, or 109%, of the company's annual electricity use coming from green power.) If you close this box or continue browsing, we will assume you agree with this. This commitment is in line with Strategy 2015+ and reflects Deutsche Bank… The trade comes as part of a broader sustainability project by Deutsche Bank. As previously announced, Deutsche Bank aims to issue its first green bond sometime this year, subject to market conditions. Deutsche Bank CEO Christian Sewing said: “It is our ambition to be a leader on sustainability … Since the beginning of 2020, the bank has advised clients on 22 transactions, placing ESG bonds with an underwriting volume of nearly 3.5 billion euros. Furthermore, Deutsche Bank expects to be able to adopt a new oil and gas policy by the end of the second quarter, which will provide a clear framework for financing and investments in this area. Corporate social responsibility (CSR) and Environment, Social, Governance (ESG) sustainability data for Deutsche Bank AG, Banking and Germany. 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