Sustainability Report

Overview

The report describes Commerzbank's 2023 sustainability disclosures under the GRI Standards, including materiality, climate governance and operational environmental data. It highlights SBTi-validated reduction pathways for emissions-intensive lending and investment portfolios, a net-zero portfolio ambition by 2050, and a net-zero banking-operations goal by 2040. The report also discloses 76,591 tonnes of CO2-equivalent total operational emissions for 2023 and explains the bank's sustainable-finance activities.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2023
Period: 1 January 2023 – 31 December 2023
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
Level
Standard
Scope
Statement included
Metrics assured

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