Commerzbank (CBK) ESG presentation summary

Sustainability strategy and commitments

• Sustainability is integrated into the corporate strategy, aiming to align financial flows with the Paris Agreement and EU Green Deal goals, and is managed holistically across all business segments, products, and risk management.

• The bank targets net zero CO2 emissions in its lending and investment portfolio by 2050 and in its own operations by 2040, with at least 10% of new lending annually as sustainable loans from 2025.

• Strong partnerships and adherence to international frameworks (UN Global Compact, SBTI, TCFD, TNFD, Equator Principles) underpin the ESG approach.

• ESG priorities include transparent climate transition planning, biodiversity integration, and robust ESG data infrastructure.

Environmental initiatives

• Science-based targets guide CO2 reduction in key sectors, with a 74% reduction in energy portfolio emissions by 2030 (base year 2021).

• At least 10% of new loan business is allocated to sustainable projects, with a sustainable loan ratio exceeding 17% in 2025.

• Green infrastructure finance portfolio reached €14.4bn, with a focus on wind, solar, and green buildings.

• Eight green bonds outstanding totaling €4.39bn, with a Green Funding Framework aligned to EU Taxonomy and ICMA Green Bond Principles.

• Biodiversity risks and opportunities are assessed using ENCORE and WWF tools, with exclusion of activities like deforestation and deep-sea mining.

Social responsibility and diversity

• Targets include 40% women in leadership by 2030 and maintaining or improving employee engagement scores.

• Diversity is embedded in culture, with 37.3% women in management, employees from 123 nations, and 6.2% with disabilities.

• Human rights are prioritized, guided by the UN Global Compact and Supply Chain Due Diligence Act.

• Employee support includes flexible work, childcare, eldercare, and extensive learning and development programs.

• Early talent programs and internships in environmental fields foster future skills and sustainability awareness.