Commerzbank AG 2022 AR2
The report highlights Commerzbank's successful 2022 financial year, during which the company more than tripled its consolidated profit to 1.4 billion euros despite a challenging geopolitical and economic environment. Commerzbank made significant progress in its 'Strategy 2024' transformation, reducing its domestic branch network and contracting nearly 9,000 full-time position reductions. Sustainability was firmly anchored as a core pillar of its business model, with sustainable business volume reaching 247 billion euros, on track toward its 300 billion euro target by 2025. Additionally, the bank achieved its 2025 operational emissions reduction target early, reducing greenhouse gas emissions by 34.9% compared to 2018.
Company: Commerzbank AG
Sector: Finance & insurance
Country: Germany
Year: 2022
Type: AR2
Pages: 324
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Commerzbank AG
Annual Report
The report highlights Commerzbank's successful 2022 financial year, during which the company more than tripled its consolidated profit to 1.4 billion euros despite a challenging geopolitical and economic environment. Commerzbank made significant progress in its 'Strategy 2024' transformation, reducing its domestic branch network and contracting nearly 9,000 full-time position reductions. Sustainability was firmly anchored as a core pillar of its business model, with sustainable business volume reaching 247 billion euros, on track toward its 300 billion euro target by 2025. Additionally, the bank achieved its 2025 operational emissions reduction target early, reducing greenhouse gas emissions by 34.9% compared to 2018.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
Mar 1, 2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Women on Board
Women in Management
Net Zero Target
Employees