Commerzbank AG, a leading financial institution based in Germany, has established itself as a prominent player in the banking industry since its founding in 1870. Headquartered in Frankfurt, Commerzbank operates extensively across Europe and has a significant presence in key international markets. The bank offers a diverse range of services, including retail banking, corporate banking, and investment solutions, catering to both individual and business clients. Commerzbank is recognised for its innovative digital banking solutions and commitment to sustainability, setting it apart in a competitive landscape. With a strong market position, Commerzbank has achieved notable milestones, including its role in financing major infrastructure projects and supporting small to medium-sized enterprises. As a trusted partner in the financial sector, Commerzbank AG continues to evolve, adapting to the changing needs of its clients while maintaining a focus on growth and stability.
How does Commerzbank AG'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.
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.
Commerzbank AG's score of 20 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Commerzbank AG, headquartered in Germany, currently does not have publicly available data on its carbon emissions, as no specific emissions figures have been provided. Additionally, there are no documented reduction targets or climate pledges outlined in their initiatives. This lack of data suggests that the bank may still be in the process of establishing or reporting its climate commitments. In the context of the financial industry, many institutions are increasingly focusing on sustainability and carbon neutrality, indicating a potential future direction for Commerzbank AG. As the bank develops its climate strategy, stakeholders will likely look for clear commitments and measurable targets to assess its environmental impact.
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.
Commerzbank AG 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.