Deutsche Bank’s Climate Strategy

The issue of climate change has long been at the top of the political agenda. For good reason: Global warming is the biggest challenge of our time. Making more efficient use of our resources is a matter of economic necessity today.

Driven by the ESC and our vision of becoming the world’s leading company on the climate protection front, our commitment has already led to some notable successes:

• Decision by the Management Board of Deutsche Bank to have global business operations CO2-neutral from 2013 onwards
• Intensified development of products such as funds for climate change, new resources, and agriculture with a volume of about € 2.8 billion (as of December 2008) and more intensive marketing efforts by Asset Management
• Commitment to building up a private equity franchise in “green” investments
• Increasing recognition of Deutsche Bank as a partner in the dialog with governments, clients, and regulatory interest groups
• Establishment of the external “Climate Change Advisory Board” (CCAB), which supports Deutsche Bank in the development and implementation of its climate protection strategy
  

Climate protection promises enormous growth prospects

Climate protection not only preserves our environment and natural resources but is also a business field with enormous growth prospects. Over the next two or three years, climate protection has the potential to drive global market recovery, in part because of various government initiatives to support “green” infrastructure investments.