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Public Profile
Financial Intermediation
DE
updated 16 days ago

Deutsche Bank

Company website

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.

75

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.

30

Industry Benchmark

Deutsche Bank's score of 75 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

86%

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Deutsche Bank's reported carbon emissions

In 2024, Deutsche Bank reported total carbon emissions of approximately 169,780,000 kg CO2e for Scope 1, 16,356,000 kg CO2e for Scope 2 (market-based), and a significant 677,171,000 kg CO2e for Scope 3 emissions. The Scope 3 emissions include substantial contributions from purchased goods and services (about 677,171,000 kg CO2e), employee commuting (approximately 113,179,000 kg CO2e), and business travel (around 85,029,000 kg CO2e). Deutsche Bank has set ambitious reduction targets, aiming for a 30% reduction in gasoline consumption from its car fleet by 2025 and achieving carbon neutrality in its electricity production by 2035. Additionally, the bank plans to reach net-zero emissions across all operations by 2045. For Scope 1 and 2 emissions, Deutsche Bank targets a 29% reduction by 2030, using 100% renewable electricity. The bank's commitment to sustainability is further demonstrated by its goal for 80% of total vendor spend to report greenhouse gas emissions to the Carbon Disclosure Project (CDP) by 2025. This initiative is part of a broader strategy to reduce total energy consumption by 30% compared to a 2019 baseline. Overall, Deutsche Bank's climate commitments reflect a comprehensive approach to reducing its carbon footprint, with specific targets across various scopes of emissions, aligning with industry standards for climate action.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920202021202220232024
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
00,000,000
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
000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Deutsche Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Deutsche Bank is in DE, which has a medium grid carbon intensity relative to other regions.

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 participating in some of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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