Annual Report

Overview

The report describes Commerzbank's expanded sustainability governance, including a Supervisory Board ESG Committee and a Group Sustainability Board. It reports EUR246.5bn mobilised for sustainable financial products by the end of 2022, against a EUR300bn 2025 target. Operational CO2-equivalent emissions were 78,402 tonnes, while the bank pursued net-zero targets for its portfolio by 2050 and its own banking operations by 2040.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2022
Period: 1 January 2022 – 31 December 2022
Publication date: 27 March 2023
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
SBTi status

Materiality

Assessment
Basis

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Standard
Scope
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