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 are making Commerzbank’s sustainability activities transparent covering all ESG dimesnions.
Definition
We define ESG for both our customer business and our own operations, as well as for society.
Management
We use this framework as a management blueprint for the sustainable transformation of Commerzbank.
Products
We present our sustainable product solutions.
Consolidation
We bundle all our sustainability guidelines and exclusionary criteria.
External Review
The ESG framework has been externally assessed and validated. The results can be accessed .
