Deutsche Bank was founded in 1870 and is a leading global investment bank. It has operations throughout the world and has a strong presence in Germany and Europe. The bank´s presence is also growing in North America, Asia and in emerging markets. Deutsche Bank offers a variety of financial services and its key activities include corporate banking, private banking and asset management.
ownership
listed on Frankfurt Stock Exchange, NYSE Euronext
Publicly listed company
headquarters
Taunusanlage 12
60325 Frankfurt am Main
Germany
position top 1000 the Banker
In million US$. Ranking according to Tier 1 capital, as per definition Bank of International Settlements (BIS)
The CDP impels organisations to record their carbon footprint in daily activities. Encouraging enterprises to calculate and disclose their carbon impact, this initiative highlights the challenge for financial institutions to determine exactly how much carbon output can be attributed to financing.
Voluntary framework to guide the finance sector in tackling the challenge of climate change. They address the management of operational greenhouse gas (GHG) emissions and provide direction on managing climate change in research activities; asset management; retail banking; insurance & re-insurance; corporate banking; investment banking & markets; project finance.
The EPs are a set of guidelines, based upon the Performance Standards and guidelines from the IFC, the World Bank's private sector lending arm for private banks to asesses and mitigate risks in project finance. Banks use the Principles to guide internal operating procedures for transaction for specific projects. Although the EPs are an important step to raise overall standards of financiers and projects in the developing world, they currently fall short on transparency and governance requirements.
The verification and full publication of company payments and government revenues from oil, gas and mining is supported by the EITI. Financial institutions can participate and encourage resource-rich countries to support the initiative that aims to defeat poverty, corruption and conflict caused by weak transparency and accountability.
As the name suggests, the GRI aims to standardise good practice in transparency. GRI provides companies with guidelines to organise their annual report with reporting indices and standards addressing environmental, social and economic issues that business ought to address when telling the world about its performance.
The UN Global Compact is a set of ten principles that companies may sign voluntarily. Signatories promise to avoid complicity in human rights violations, adhere to labour standards, protect the environment and avoid corruption. The G8 countries urge companies to participate in this initiative, and with over 2900 companies signing up, the Global Compact has momentum. A voluntary and network based framework, the Global Compact actively promotes peer review and stakeholder participation.
UNEP is the 'voice of the environment' for the United Nations system, promoting international cooperation in the field of the environment. Issues concerning the financial community are addressed by the UNEP Finance Initiative which promotes investment in clean and renewable energy by financial institutions and other investors. Financial insititutions wishing to join must sign one of two Statements (for financial institutions and a separate one for the insurance industry).
UNPRI is a set of six principles direct institutional investors may adopt to consider environmental, social and corporate governance issues when investing. Voluntary and aspirational in nature, UNPRI has since its inception in 2006 attracted 200 signatories, representing US$8 trillion worth of investments.
Since the turn of the century a group of twelve banks known as the Wolfsberg Group have collaborated to improve ethical standards. The principles provide guidance on money laundering, corruption and the financing of terrorism. They have been produced to address deficiencies in areas 'yet to be fully articulated by lawmakers or regulators'.
On October 5th, 2004 an official agreement was signed between the Orissa Mining Corporation (OMC) and Sterlite Industries, a subsidiary of Vedanta Resources plc, for the…
In the Canadian Boreal forest just downstream of the eastern foothills of the Rocky Mountains are the Canadian tar sands. The region contains some 2 trillion barrels of oil,…
Cluster munitions pose a serious threat to civilian populations during and after a conflict. Cluster munitions are designed to blanket a large area containing one or more…
The Kusile coal fired power plant project is located in the province of Mpumalanga, in South Africa. With 4800MW, it will be one of the largest power plants of its kind in…
HidroAysén - owned by European company Endesa and Chilean company Colbun - plans to dam two of Chile's most powerful and pristine rivers, the Baker and Pascua Rivers.…
The Browse Basin gas field off Western Australia's (WA's) north coast is estimated to contain 35 trillion cubic feet of gas. Woodside Petroleum Ltd and its joint venture…
Ecuador's Yasuni National Park is threatened by planned oil development by the Brazilian oil company Petrobras. The oil development will take place in Block 31, two thirds…
The Grasberg mine, located in the indonesian province of Papua, on the island New Guinea, just north of Australia, is being run by the mining company Freeport McMoran. The…
Deutsche Bank is holding several accounts for the Central Bank of Turkmenistan, in which some of the billions of dollars from Turkmenistan's gas sales are held.…
As an international financial services provider, Deutsche Bank views sustainability as a fundamental component of its core business and beyond. Our goal is to entrust not only a healthy but also an economically and socially stable environment to following generations. Responsible action is essential to ensuring our own corporate value and hence our long-term business success.
We have implemented a comprehensive, systematic Sustainability Management System across all business units worldwide to avoid so-called environmental, social, and governance (ESG) risks (see p. 24 of CSR-Report 2008). As such, we aim to shield employees, clients, and shareholders as well as society and the environment from any negative effects of our business activities. At the same time, we intend to achieve success in a socially and ecologically responsible manner – accountable, measurable, and certified. Additional key elements of our sustainability strategy are:
¦ Our mission statement on sustainability (see p. 25 of CSR-Report 2008)
¦ Our climate strategy (see p. 27 of CSR-Report 2008)
¦ Sustainable ecological operations (see p. 30 of CSR-Report 2008)
¦ Our role as an employer (see p. 38 of CSR-Report 2008)
¦ Our corporate governance (see p. 44 of CSR-Report 2008)
¦ Political communication / regulatory affairs (see p. 45 of CSR-Report 2008)
¦ Compliance and anti-money laundering programs (see p. 47 of CSR-Report 2008)
¦ Risk management (see p. 48 of CSR-Report 2008)
¦ safety@work (see p. 50 of CSR-Report 2008)
¦ Our client loyalty and complaint management (see p. 51 of CSR-Report 2008)
¦ Sustainability in product development and services (see p. 52 of CSR-Report 2008)
As a global corporation operating in 72 countries around the world, we view climate change as a huge challenge. For this reason, we launched the Group-wide, cross-departmental
“Environmental Steering Committee” (ESC) in 2007. The goal of this committee is to develop strategies, coordinate initiatives, and establish synergies to expend all possible growth opportunities in the area of environmentally friendly products and services. We see our role primarily as a financial intermediary, environmental efficiency manager, and climate ambassador.
The modernization of our corporate headquarters in Frankfurt am Main underscores our commitment to climate protection. By 2010, we will convert our twin towers in the city center into one of the most environmentally advanced office complexes in the world. The use of advanced lighting, sophisticated siding with windows that open, and water treatment systems as well as state-of-the-art cooling and heating technology will result in a 55 percent reduction in both energy consumption and CO2 emissions. We are also active internationally as a partner of the “Clinton Climate Initiative,” which promotes greater energy efficiency in buildings in 15 large cities around the world. We provide both know-how and approximately US$ 1 billion in financing to the modernization of buildings that significantly reduce energy consumption. For us, sustainability also means a clear commitment to implementing strategic risk
management concepts. Our Group-wide internal warning systems help us detect possible malpractice, such as corruption, money laundering, and terrorist financing.
last save by banker:
29 months ago (Sep 22, 2009)
BankTrack has identified controversial issues
with the companies listed below that require attention from Deutsche Bank.
Alliant Techsystems
Alliant Techsystems (ATK) is the world's largest manufacturer of ammunition and a leading supplier of precision systems and electronic warfare. The company is also active…
Coal India Limited (Coal India) is the biggest coal producer worldwide, owned by the government of India (see paragraph 3.9). At the end of March 2010, Coal India operated…
CRH is a diversified building materials group which, through its investment in the Israeli company Mashav, is deriving profits and therefore benefiting from the occupation…
E.ON is a German electricity company headquartered in Düsseldorf and is another of big beasts of energy production. E.ON operates along the entire value chain of power…
Elbit Systems is a military equipment producer with a focus on defense electronics like intelligence gathering systems. Elbit Systems and its subsidiaries contribute directly…
Founded in 1923, state-owned Eskom generates, transports and distributes approximately 95% of South Africa's electricity. That's a huge 60% of the total electricity consumed…
Freeport McMoRan is an international mining company with headquarters in Phoenix, Arizona. Freeport McMoran operates primarily in copper-, gold- and molybdenum mines.Freeport…
National Thermal Power Corporation (NTPC) are the largest electricity producer in India. Their total installed capacity, including that under joint ventures, is close to…
India's National Hydroelectric Power Corporation has made a name for itself as one of the country's most ruthless corporations. As a state-owned company, NHPC has been able…
As Europe's second largest electricity generator and one of Europe's five leading gas and electricity companies, this German utility is another of energy and gas production's…
Singapore Technologies Engineering Ltd (ST Engineering) is an integrated engineering group specialising in innovative solutions and services in the aerospace, electronics,…
Textron is a multi-industry company, consisting of numerous subsidiaries and operating units. One subsidiary is Textron Systems, which is active in the defence, homeland…
Sweden's state-owned Vattenfall is Europe's fifth largest generator of electricity and largest producer of heat. Vattenfall delivers electricity to around 7.4 million customers…
Vedanta Resources is a mining company. It produces aluminum, copper, lead and zinc. Vedanta has a strong position in India, where its founder Anil Agarwal was born, but is…
Veolia is a large French company that operates on a global scale. The company is operating in several areas such as water supply and water management, waste management, energy…
Bankers on Tenterhooks - Climate change : co-funded by banks operating in Belgium
Jun 02, 2010 | Netwerk Vlaanderen
Report on investments of BNP Paribas, KBC, Dexia, Citibank, Deutsche Bank, ING and AXA in climate-threatening activities including new coal plants, oil extracted from tar sands, or the decimation of rain forests.
Sustainability roadshow attracts strong interest in North America
Jun 26, 2009 | Deutsche Bank
Article from website: representatives from DB demonstrated to a broad range of sociallyresponsible investors the Bank’s sustainability management structure during a road show in US
Using the 2011 Global Investor Statement on Climate Change, investors will advocate for investment grade climate change and energy policies at the national and international level.
Deutsche Bank's claims over its reputation for social responsibility have been tested by two controversial cases. Article by Hugh Williamson for Financial Times.
Coal funeral at Deutsche Bank, ING & BNP Paribas Mar 01, 2011
videos
Coal funeral at Deutsche Bank, BNP Paribas and ING
Jan 09, 2012 - On the 1st of March 2011, Netwerk Vlaanderen and its partner organisations in the Bankroet campaign buried coal in front of Deutsche Bank, BNP Paribas and ING, putting the dirty energy source where it belongs: under the ground. Netwerk Vlaanderen handed over more than 4.000 signatures against investments in coal-fired power plants to the respective banks. These banks are among the biggest financiers of coal-fired power plants in the Belgian banking sector.
Deutsches Geld für Streubomben (German)
Aug 18, 2010 - German news item about involvement of German banks in Cluster munitions producer (7.6.2010)
Deutsches Geld für Streubomben
Jun 08, 2010 - Documentary about Deutsche Bank and its involvement in cluster munition producers (Textron e.g.). In German.
Banking in the Shadows .. a Trip to Jersey
Sep 07, 2009 - The British Channel Island of Jersey is a major European tax haven.
In March 2009, European activists visited Jersey to expose how tax havens affect the lives of ordinary people around the world.
headquarters
Taunusanlage 12
60325 Frankfurt am Main
Germany
position top 1000 the Banker
In million US$. Ranking according to Tier 1 capital, as per definition Bank of International Settlements (BIS)
International website developed by BankTrack, CRBM, Les Amis de la Terre, Netwerk Vlaanderen, Platform, Setem and Urgewald.
Information in English, French, German, Italian, Dutch, Spanish.
Funeral of coal at BNP Paribas, ING, Deutsche Bank
On Tuesday 1st March NGOs handed over 4,000 signatures to representatives of banks that are active on the Belgian market. The signatories of this petition asked the banks to end their investments in coal-fired power stations.
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We have implemented a comprehensive, systematic Sustainability Management System across all business units worldwide to avoid so-called environmental, social, and governance (ESG) risks (see p. 24 of CSR-Report 2008). As such, we aim to shield employees, clients, and shareholders as well as society and the environment from any negative effects of our business activities. At the same time, we intend to achieve success in a socially and ecologically responsible manner – accountable, measurable, and certified. Additional key elements of our sustainability strategy are:
¦ Our mission statement on sustainability (see p. 25 of CSR-Report 2008)
¦ Our climate strategy (see p. 27 of CSR-Report 2008)
¦ Sustainable ecological operations (see p. 30 of CSR-Report 2008)
¦ Our role as an employer (see p. 38 of CSR-Report 2008)
¦ Our corporate governance (see p. 44 of CSR-Report 2008)
¦ Political communication / regulatory affairs (see p. 45 of CSR-Report 2008)
¦ Compliance and anti-money laundering programs (see p. 47 of CSR-Report 2008)
¦ Risk management (see p. 48 of CSR-Report 2008)
¦ safety@work (see p. 50 of CSR-Report 2008)
¦ Our client loyalty and complaint management (see p. 51 of CSR-Report 2008)
¦ Sustainability in product development and services (see p. 52 of CSR-Report 2008)
As a global corporation operating in 72 countries around the world, we view climate change as a huge challenge. For this reason, we launched the Group-wide, cross-departmental
“Environmental Steering Committee” (ESC) in 2007. The goal of this committee is to develop strategies, coordinate initiatives, and establish synergies to expend all possible growth opportunities in the area of environmentally friendly products and services. We see our role primarily as a financial intermediary, environmental efficiency manager, and climate ambassador.
The modernization of our corporate headquarters in Frankfurt am Main underscores our commitment to climate protection. By 2010, we will convert our twin towers in the city center into one of the most environmentally advanced office complexes in the world. The use of advanced lighting, sophisticated siding with windows that open, and water treatment systems as well as state-of-the-art cooling and heating technology will result in a 55 percent reduction in both energy consumption and CO2 emissions. We are also active internationally as a partner of the “Clinton Climate Initiative,” which promotes greater energy efficiency in buildings in 15 large cities around the world. We provide both know-how and approximately US$ 1 billion in financing to the modernization of buildings that significantly reduce energy consumption. For us, sustainability also means a clear commitment to implementing strategic risk
management concepts. Our Group-wide internal warning systems help us detect possible malpractice, such as corruption, money laundering, and terrorist financing.
29 months ago (Sep 22, 2009)