Deutsche Bank
Deutsche Bank AG, a leading global investment bank, is headquartered in Frankfurt, Germany, with significant operations across Europe, the Americas, and Asia-Pacific. Founded in 1870, Deutsche Bank has established itself as a key player in the financial services industry, offering a diverse range of products and services, including corporate banking, investment banking, asset management, and private wealth management. The bank is renowned for its innovative solutions and commitment to client service, making it a preferred partner for corporations, governments, and institutions worldwide. With a strong market position, Deutsche Bank has achieved notable milestones, including its role in major financial transactions and its ongoing efforts in sustainable finance. As a trusted financial institution, Deutsche Bank continues to adapt to the evolving landscape of global finance while maintaining its reputation for excellence.
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 35 is higher than 74% 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 433,070 tonnes CO2e. This figure includes 43,187 tonnes from Scope 1 emissions, 10,014 tonnes from Scope 2 emissions, and 379,868 tonnes from Scope 3 emissions. Notably, the bank's Scope 3 emissions, which encompass indirect emissions from its value chain, represent the largest portion of its total emissions. Over the past few years, Deutsche Bank has made significant strides in reducing its carbon footprint. In 2022, the bank's total emissions were about 238,840 tonnes CO2e, indicating a substantial increase in emissions in 2023. However, from 2019 to 2021, the bank successfully reduced its total emissions from approximately 2.3 million tonnes CO2e in 2019 to about 1.3 million tonnes CO2e in 2021, showcasing a commitment to sustainability. Deutsche Bank has engaged in various climate initiatives, including participation in the CDP (formerly Carbon Disclosure Project), where it has received scores indicating its efforts in climate transparency and action. The bank's commitment to addressing climate change is reflected in its ongoing assessments and reporting, although specific reduction targets have not been detailed in the available data. Overall, Deutsche Bank's emissions data and climate commitments highlight its ongoing journey towards sustainability, with a focus on reducing its environmental impact across all scopes of emissions.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 50,273,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 104,671,000 | 000,000,000 | 00,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | 2,127,013,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 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 committed to some 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.
