Deutsche Bank AG, a leading global financial services provider, operates its asset management arm from its headquarters in Frankfurt, Germany. Established in 1870, Deutsche Bank has evolved into a prominent player in the banking industry, with significant operations across Europe, the Americas, and Asia-Pacific. The asset management division focuses on delivering innovative investment solutions, catering to a diverse clientele that includes institutional investors and private clients. Its core offerings encompass a wide range of products, including equities, fixed income, and alternative investments, distinguished by a commitment to sustainability and responsible investing. With a strong market position, Deutsche Bank AG's asset management arm has achieved notable milestones, including recognition for its robust performance and strategic partnerships that enhance its service delivery. This combination of heritage, expertise, and a forward-thinking approach solidifies its reputation in the competitive asset management landscape.
How does Deutsche Bank AG, Asset management Arm'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 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.
Deutsche Bank AG, Asset management Arm's score of 38 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Deutsche Bank AG, Asset Management Arm, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. However, it is important to note that the asset management arm is a current subsidiary of Deutsche Bank Aktiengesellschaft, which may influence its climate commitments and reporting practices. The asset management division inherits its climate initiatives and commitments from its parent company, Deutsche Bank Aktiengesellschaft. This includes participation in the Carbon Disclosure Project (CDP) and the RE100 initiative, both of which are aimed at enhancing transparency and promoting renewable energy usage. The specific targets or achievements related to emissions reductions have not been detailed for the asset management arm. As a subsidiary, Deutsche Bank AG, Asset Management Arm aligns with the broader climate strategies of its parent company, which may include industry-standard climate commitments and reduction targets. However, without specific emissions data or defined reduction initiatives at the asset management level, a comprehensive assessment of its carbon footprint and climate commitments remains limited.
Access structured emissions data, company-specific emission factors, and source documents
| 2004 | 2005 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 165,391 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | - | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
Deutsche Bank AG, Asset management Arm's Scope 3 emissions, which increased by 6% last year and increased significantly since 2016, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 63% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Deutsche Bank AG, Asset management Arm has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.