Deutsche Bank
Deutsche Bank AG, a leading global investment bank, is headquartered in Frankfurt, Germany. Established in 1870, the bank has evolved into a key player in the financial services industry, with a strong presence across Europe, the Americas, and Asia-Pacific. Deutsche Bank offers a diverse range of services, including corporate banking, investment banking, asset management, and private wealth management, distinguished by its commitment to innovation and client-centric solutions. Over the years, Deutsche Bank has achieved significant milestones, including its role in major financial transactions and its adaptation to changing market dynamics. With a robust market position, the bank is recognised for its expertise in capital markets and risk management, making it a trusted partner for clients worldwide. Its unique blend of global reach and local knowledge sets Deutsche Bank apart in the competitive financial landscape.
DitchCarbon Score
How does Deutsche Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Deutsche Bank's score of 64 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Deutsche Bank's reported carbon emissions
In 2023, Deutsche Bank reported total carbon emissions of approximately 1,331,335,000 kg CO2e. This figure includes Scope 1 emissions of about 15,636,000 kg CO2e, Scope 2 emissions of approximately 26,079,000 kg CO2e, and significant Scope 3 emissions totalling around 1,286,521,000 kg CO2e. Over recent years, Deutsche Bank has made notable strides in reducing its carbon footprint. From 2019 to 2022, the bank's total emissions decreased from approximately 2,281,957,000 kg CO2e in 2019 to about 1,290,722,000 kg CO2e in 2022, reflecting a commitment to sustainability. The bank has set ambitious targets to reduce its energy consumption by 30% by 2025 compared to a 2019 baseline, which applies to both Scope 1 and Scope 2 emissions. Additionally, it aims for 80% of its total vendor spend to report greenhouse gas emissions to the Carbon Disclosure Project (CDP) by 2025, addressing Scope 3 emissions comprehensively. Deutsche Bank's long-term goal is to achieve net-zero emissions across all scopes by 2050, demonstrating its commitment to climate action and sustainable finance.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 50,273,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 104,671,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 2,127,013,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Deutsche Bank is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
