Corporate Social Responsibility

Deutsche Bank endeavours to treat energy, water and paper usage in ways that spare resources. In 1999, Deutsche Bank was the first major bank to have its environment management system certified according to ISO 14001 and this certification has been annually re-certified ever since.

As an international company, Deutsche Bank is concentrating its sustainability efforts increasingly on those projects and organisations that reflect global connectivity. These projects include:

Prototype Carbon Fund - Deutsche Bank has committed US $5 million. The key reason for the decision to join this Fund was its goal of developing new measures for global climate control with a clear market focus. The Fund will support up to 40 projects in South America, Africa, Asia and East Europe, all designed to minimise carbon dioxide emissions and entailing total financial commitments of US $180 million.

The effective improvement of world-climate protection is also part of the Bank's activity on the Working Party on Emissions Trading that debates issues relating to the introduction of trading in emission rights.

The United Nations Environment Programme (UNEP) stimulates new developments and co-ordinates the activities of industry, governments and NGOs. As early as 1992, Deutsche Bank helped create the "Declaration by Financial Service Providers on the Environment and on Sustainable Development", which now is the acknowledged financial industry's environmental code.

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