Sustainability Management System

Structures for a successful future
Sustainability is not only a question of attitude and behaviour of individuals. In multinational companies, clearly defined processes are also needed to ensure sustainability is made an integral part of business strategies and incorporated into internal guidelines. We have consistently implemented these processes, and therefore rank among the leading banks of the world in the area of sustainable operations.

In order to maintain and consolidate this position in the future, we have systematically extended our sustainability management system and continuously monitor and optimize it further.

UN Global Compact as ethical foundation

The ten principles of the UN Global Compact set out the ethical foundation on which we base our sustainability efforts. As one of the founding members and one of the first multinational companies to sign the UN Global Compact, Deutsche Bank has committed itself to respecting and implementing universal environmental and social principles. These include, in particular, ensuring compliance with internationally accepted human rights, creating socially acceptable working conditions, supporting environmental protection, and fighting corruption.

Main responsibility with the Management Board

The Management Board of Deutsche Bank is the body mainly responsible for sustainable operations. The Group Sustainability Officer organises and coordinates the implementation within the Bank.

Since 2008, he has been involved in the Group Reputational Risk Committee in the area of ESG risks. He is also a member of the Environmental Steering Committee and attends meetings of the Climate Change Advisory Council.

Sustainability management: Certification since 1999

Since 1999, we have commissioned an independent certifier to audit our sustainability activities for compliance of the requirements of the international environmental management standard ISO 14001 and to review it for ongoing improvement.

The relevant goals and initiatives for implementing our sustainability program are agreed between the responsible manager and the Group Sustainability Officer and fixed in writing for a three-year period. Implementation is subject to an annual internal and external audit. The 2005-2008 recertification cycle was successfully completed at the end of last year.

Our new focal points for the 2008-2011 cycle are:

  • Extension of our range of sustainability-oriented products and our risk management
  • Further measures to combat climate change
  • Establishment of the ISO 14001 standard in growth regions such as Asia, Latin America and the Middle East
  • Further reduction of our carbon footprint with the goal of emission neutrality from 2013 onwards
  • Refinement of our steering tools, particularly in the area of operational environmental protection

Commitment Worldwide

Facts and Figures

Last Update: 24/3/2010
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