Items Tagged with "Deutsche Bank"

Deutsche Bank to stop new coal project financing

Citing climate impacts, Deutsche Bank recently announced that it will stop granting new financing for greenfield thermal coal mining as well as new coal-fired power plant construction. In a Jan. 31 statement, the German global banking and financial services company said it will also begin to gr Read More...

Deutsche Bank to link management pay to hitting ESG targets

Deutsche Bank announced Dec. 7 that it intends to link management pay to environmental, social and governance-related (ESG) criteria, following the lead of a few other financial institutions.Banks such as HSBC, BNP Paribas and UniCredit already have similar models in place that connect pay and ESG t Read More...

Deutsche Bank Provides Disclosure on Financed CO2 Emissions

Deutsche Bank disclosed data on its financed GHG gas emissions, part of its wider commitment to net zero CO2 emissions by 2050 and to provide further disclosure on financed emissions of its loan portfolio and sector-specific decarbonization targets, by the end of 2022.The investment bank is using th Read More...

Deutsche Bank Sets 2030 Targets  

Deutsche Bank announced net zero aligned targets for 2030 and 2050 in four carbon-intensive sectors. The bank’s goal is to reduce the amount of financed emissions (Scope 3) significantly by 2030. The targets represent a core element of Deutsche Bank’s sustainability strategy and ref Read More...

Deutsche Bank Sets Net Zero Targets for High-Emitting Sectors

Deutsche Bank set new emission reduction goals that were published in its initial Transition Plan as well as net zero pathways for three additional carbon-intensive industries in the bank’s corporate loan portfolio. The investment bank increased its goal to reduce total energy consumption Read More...