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, distinguishing itself through its extensive research capabilities and global reach. 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 partner for businesses and individuals alike, Deutsche Bank continues to shape the future of banking in an ever-evolving 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 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 reduction from 2021, when emissions were approximately 1,290,722 tonnes CO2e. This trend reflects a commitment to sustainability and climate action. Deutsche Bank has not publicly set specific reduction targets under the Science Based Targets initiative (SBTi) but has received various scores from the Carbon Disclosure Project (CDP), indicating a commitment to transparency and improvement in its environmental practices. The bank's CDP score for 2023 was "B," suggesting a moderate level of disclosure and performance in managing climate-related risks. Overall, Deutsche Bank's emissions data and ongoing climate commitments demonstrate a proactive approach to addressing climate change and reducing its environmental impact.
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.
