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Public Profile
Financial Intermediation
DE
updated a month ago

Deutsche Bank Sustainability Profile

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.

81

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.

32

Industry Benchmark

Deutsche Bank's score of 81 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

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Deutsche Bank's reported carbon emissions

In 2024, Deutsche Bank reported total carbon emissions of approximately 1,100,000,000 kg CO2e, comprising 17,000,000 kg CO2e from Scope 1, 16,000,000 kg CO2e from Scope 2, and 1,078,000,000 kg CO2e from Scope 3 emissions. The bank has set ambitious targets to reduce its carbon footprint, aiming for net-zero emissions in Scope 1 and Scope 2 by 2025. Additionally, it plans to reduce Scope 3 upstream financed emissions by 23% by 2030 and 90% by 2050. Deutsche Bank is committed to a 30% reduction in total energy consumption by 2025 compared to a 2019 baseline, with a focus on sourcing 100% renewable electricity. The bank also aims for 80% of its total vendor spend to report greenhouse gas emissions to the Carbon Disclosure Project (CDP) by 2025. Furthermore, it has set a target to reduce Scope 3 emissions (Categories 1-14) by 46% by 2030. These initiatives reflect Deutsche Bank's commitment to sustainability and its alignment with global climate goals, as outlined in its Transition Plan. The bank's emissions data is sourced directly from Deutsche Bank Aktiengesellschaft, ensuring accuracy and transparency in its reporting.

Unlock detailed emissions data

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

20042005200920102011201620172018201920202021202220232024
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
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
000,000,000
000,000,000
000,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
00,000,000
000,000,000
00,000,000
00,000,000
00,000,000
00,000,000
0,000,000,000
0,000,000,000
0,000,000,000
000,000,000
0,000,000,000
0,000,000,000

How Carbon Intensive is Deutsche Bank's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Deutsche Bank's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Deutsche Bank's Location?

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.

Deutsche Bank's Scope 3 Categories Breakdown

Deutsche Bank's Scope 3 emissions, which increased by 6% last year and increased significantly since 2009, 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.

Top Scope 3 Categories

2024
Purchased Goods and Services
63%
Employee Commuting
10%
Business Travel
8%
Upstream Leased Assets
6%
Capital Goods
4%
Downstream Transportation & Distribution
3%
Fuel and Energy Related Activities
3%
Upstream Transportation & Distribution
2%
Downstream Leased Assets
<1%
Waste Generated in Operations
<1%

Deutsche Bank's Climate Goals (2030 & 2050)

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 has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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

Compare Deutsche Bank's Emissions with Industry Peers

Ubs

CH
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 27 days ago

Banco Nacional de Desenvolvimento Econômico e Social

BR
•
Services auxiliary to financial intermediation (67)
Updated 16 days ago

Lloyds Banking Group

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

State Street

US
•
Services auxiliary to financial intermediation (67)
Updated about 1 month ago

Bank Of America

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Anz Bank

AU
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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