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Report overview

The report presents Commerzbank's consolidated Group Sustainability Report with full voluntary application of the first set of ESRS. It describes targets for net-zero emissions from the loan and investment portfolio by 2050 and from banking operations by 2040. By the end of 2024, the company had mobilised €237.4bn for sustainable financial products toward its €300bn target for 2025.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Language
Pages
File size
Restatement: Disclosed

Standards & Assurance

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

SBTi status

Assurance

Provider
Level
Standard
Scope
Statement included

ESG & Materiality

ESG data

Indicators available in this report:

Scope 1 emissions
Scope 2 emissions
Scope 3 emissions
Employees
Women on the board
Net zero target

Materiality

Assessment
Basis

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