Sustainability Report

Overview

The report describes Commerzbank's 2022 sustainability strategy, including a net-zero ambition for its lending and investment portfolio by 2050 and a 30% reduction target for its own banking operations by 2025. It reports 78,402 tonnes of total CO2-equivalent emissions for 2022 and states that operational emissions are offset. The report also presents a double-perspective materiality analysis covering nine priority topics. Sustainability governance was strengthened through the ESG Committee, Group Sustainability Board and Sustainability Advisory Board.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2022
Period: 1 January 2022 – 31 December 2022
Language: English
Pages
File size
Restatement: Disclosed

Standards

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

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
SBTi status

Materiality

Assessment
Basis
Matrix

Assurance

Provider
Standard
Scope
Statement included
Metrics assured

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