Annual Report

Overview

The report describes Commerzbank's 2023 sustainability strategy, including SBTi validation of its CO2 reduction targets and commitments to a net-zero lending and investment portfolio by 2050 and net-zero banking operations by 2040. It reports €238bn mobilized for sustainable financial products against a €300bn 2025 target. Operational emissions were 76,591 tonnes of CO2-equivalent, while sustainability governance was strengthened through the Supervisory Board, ESG Committee and Group Sustainability Board.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2023
Period: 1 January 2023 – 31 December 2023
Publication date: 19 March 2024
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
CDP score

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

Data Services

Turn sustainability reports into a dataset built for your research.

From bulk PDFs to structured indicators and machine-readable documents.

View services