Commerzbank head office in Frankfurt am Main. Photo: Public Domain (CC0 1.0 License)Commerzbank AG, established in 1870, is Germany's second largest bank, and headquartered in Frankfurt am Main. Next to a large presence in the German banking market, Commerzbank has numerous branch offices throughout Europe. The bank's activities focus on: private customers, bank services for small business, Corporates & Markets, and Central & Eastern Europe.
[In 2009 Dresdner Bank merged with Commerzbank AG. All 'dodgy deals' related to Dresdner Bank are now linked to the Commerzbank profile. The deals related to Dresdner Bank are indicated as such].
| Website | https://www.commerzbank.com/ |
| Headquarters |
Kaiserplatz
60261 Frankfurt am Main
Germany
|
| CEO/chair |
Manfred Knof Chairman |
| Supervisor | |
| Annual report | Annual report 2021 |
| Ownership |
listed on Frankfurt Stock Exchange
Commerzbank's major shareholder is the German state (> 15%). The bank's complete shareholder structure can be accessed here. |
| Complaints and grievances |
Commerzbank has not established any complaint mechanism available to communities whose rights might be impinged by the bank's activities. It is however possible to lodge a complaint with the OECD National Contact Point (see OECD Watch guidance). |
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A bank can obtain a total of 10 points for the quality of its beef policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
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A bank can obtain a total of 10 points for the quality of its policies. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
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A bank can obtain a total of 10 points for the quality of its palm oil policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
This page evaluates Commerzbank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
Commerzbank's positions and policies webpage can be accessed here. The bank's webpage on corporate social responsibility can be seen here.
