Sustainability strategy of Commerzbank, Banking. Responsible.

To promote climate-friendly investments, Commerzbank will mobilise at least €300 billion for sustainable financial products by 2025 – a threefold increase compared to 2020. In this way, we will support our clients in their sustainable transformation. The products, financial resources, and investments included in the sustainable business portfolio are described in the sustainable finance chapter of our ESG Framework.

ESG Framework

Commerzbank has committed to achieve Net Zero in its own operations by 2040. This applies to all locations in Germany and abroad.

Commerzbank has committed to achieving net-zero in its own operations by 2040. This applies to all locations in Germany and abroad. On the path to achieving this goal, we were already able to reduce emissions in Germany by around 80 % between 2007 and 2020. With our new climate target, we aim to reduce greenhouse gas emissions by a further 30 % by 2025. This target also includes international locations in around 20 countries. Where CO2 emissions are unavoidable, we have been offsetting them since January 2015 using certificates from CO2 reduction projects. Since 2021, emissions from Commerzbank AG's international locations have also been offset. As a result, Commerzbank is now operating climate neutrally.

In addition, we have set ourselves the goal of achieving climate neutrality by 2040 with the supplier portfolio managed by our Corporate Procurement department.

More about CO₂ offsetting