Deutsche Bank Germany

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Active Active This profile is actively maintained Send feedback on this profile Created before Nov 2016 Last update: Jan 7 2021 Deutsche Bank Deutsche Bank Germany About Deutsche Bank About Deutsche Bank Website Website http://www.db.com Headquarters Headquarters Taunusanlage 12 60325 Frankfurt am Main Germany CEO/chair CEO/chair Christian Sewing CEO Supervisors Supervisors Annual Annual reports reports CSR Report 2020 Annual report 2020 Ownership Ownership Complaints Complaints and and grievances grievances Deutsche Bank is a leading global investment bank that was founded in 1870. The Bank operates throughout the world and has a particularly strong presence in Germany and Europe. The Bank's presence is growing in North America, Asia and in emerging markets. Deutsche Bank offers a variety of financial services. Its key activities include corporate banking, private banking and asset management. Bundesbank & Federal Financial Supervisory Authority (BaFin) listed on Frankfurt Stock Exchange & NYSE Deutsche Bank's shareholder structure can be accessed here . Individuals and communities who may be adversely affected by Deutsche Bank's finance can raise a complaint to the bank via 'all channels', according to the bank’s Human Rights Statement . These include [email protected] and an online contact form . Stakeholders may also raise complaints via the OECD National Contact Points (see OECD Watch guidance ). Sustainability Sustainability Voluntary standards Voluntary standards Deutsche Bank has committed itself to the following voluntary standards: Klimaschutz-Selbstverpflichtung des Finanzsektors Banking Environment Initiative Carbon Disclosure Project Equator Principles German Sustainability Code Global Reporting Initiative Green Bond Principles ISO 14001 Net-Zero Banking Alliance (NZBA) OECD Guidelines for Multinational Enterprises Principles for Responsible Banking (PRB) Principles for Responsible Investment (PRI) Roundtable on Sustainable Palm Oil (RSPO) Soft Commodities Compact UN Guiding Principles on Business and Human Rights UNEP Finance Initiative United Nations Global Compact United Nations Standards of Conduct for Business to tackle discrimination against LGBTI people Universal Declaration of Human Rights Wolfsberg Principles

Transcript of Deutsche Bank Germany

Page 1: Deutsche Bank Germany

ActiveActiveThis profile is actively maintainedSend feedback on this profile

Created before Nov 2016Last update: Jan 7 2021

Deutsche BankDeutsche Bank Germany

About Deutsche BankAbout Deutsche Bank

WebsiteWebsite http://www.db.com

HeadquartersHeadquarters Taunusanlage 1260325 Frankfurt am MainGermany

CEO/chairCEO/chair Christian Sewing CEO

SupervisorsSupervisors

AnnualAnnualreportsreports

CSR Report 2020Annual report 2020

OwnershipOwnership

ComplaintsComplaintsandandgrievancesgrievances

Deutsche Bank is a leading global investment bank that was founded in 1870. The Bank operates throughout the world and has a particularly strongpresence in Germany and Europe. The Bank's presence is growing in North America, Asia and in emerging markets. Deutsche Bank offers a variety offinancial services. Its key activities include corporate banking, private banking and asset management.

Bundesbank & Federal Financial Supervisory Authority (BaFin)

listed on Frankfurt Stock Exchange & NYSEDeutsche Bank's shareholder structure can be accessed here.

Individuals and communities who may be adversely affected by Deutsche Bank's finance can raise a complaint to the bankvia 'all channels', according to the bank’s Human Rights Statement. These include [email protected] andan online contact form.

Stakeholders may also raise complaints via the OECD National Contact Points (see OECD Watch guidance).

SustainabilitySustainability

Voluntary standardsVoluntary standards

Deutsche Bank has committed itself to the following voluntary standards:Klimaschutz-Selbstverpflichtung des FinanzsektorsBanking Environment InitiativeCarbon Disclosure ProjectEquator PrinciplesGerman Sustainability CodeGlobal Reporting InitiativeGreen Bond PrinciplesISO 14001Net-Zero Banking Alliance (NZBA)OECD Guidelines for Multinational EnterprisesPrinciples for Responsible Banking (PRB)Principles for Responsible Investment (PRI)Roundtable on Sustainable Palm Oil (RSPO)Soft Commodities CompactUN Guiding Principles on Business and Human RightsUNEP Finance InitiativeUnited Nations Global CompactUnited Nations Standards of Conduct for Business to tackle discrimination against LGBTI peopleUniversal Declaration of Human RightsWolfsberg Principles

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Investment policiesInvestment policies

Climate statementClimate statementAug 12 2020 | Deutsche Bank

Sustainable f inance frameworkSustainable f inance frameworkAug 12 2020 | Deutsche Bank

Environmental and Social Policy Framework July 2020Environmental and Social Policy Framework July 2020Jul 27 2020 | Deutsche Bank

General statement on anti-money laundering requirementsGeneral statement on anti-money laundering requirementsJan 8 2020 | Deutsche Bank

Code of conductCode of conductNov 4 2019 | Deutsche Bank

Modern Slavery StatementModern Slavery StatementJul 2 2019 | Deutsche Bank

Group code of conductGroup code of conductAug 31 2018 | Deutsche Bank

Amended guidelines for coal f inancingAmended guidelines for coal f inancingJan 31 2017 | Deutsche Bank

Position on Agricultural Commodities and Food PricesPosition on Agricultural Commodities and Food PricesJun 9 2016 | Deutsche Bank

Position on Cluster MunitionsPosition on Cluster MunitionsJun 9 2016 | Deutsche Bank

Position on HydropowerPosition on HydropowerJun 9 2016 | Deutsche Bank

Position on Monocultural Farming and Palm OilPosition on Monocultural Farming and Palm OilJun 9 2016 | Deutsche Bank

Position on Nuclear PowerPosition on Nuclear PowerJun 9 2016 | Deutsche Bank

Position on Shale GasPosition on Shale GasJun 9 2016 | Deutsche Bank

Position on Climate change, energy eff iciency and the challenges of the energy transition in GermanyPosition on Climate change, energy eff iciency and the challenges of the energy transition in GermanyJun 9 2016 | Deutsche Bank

Position on Coal and mountaintop removalPosition on Coal and mountaintop removalJun 9 2016 | Deutsche Bank

Position on Sustainable f isheryPosition on Sustainable f isheryJun 9 2016 | Deutsche Bank

Position on Preservation of sensitive, protected sitesPosition on Preservation of sensitive, protected sitesJun 9 2016 | Deutsche Bank

Human Rights StatementHuman Rights StatementMar 24 2016 | Deutsche Bank

Deutsche Bank's web page on corporate social responsibility can be accessed here.

BankTrack campaigns and Deutsche BankBankTrack campaigns and Deutsche Bank

Human r ightsHuman r ights

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True leader

Front runner

Follower

Laggard

BankTrack has assessed Deutsche Bank on its implementation of the UN Guiding Principles on Business and HumanRights in June 2016. Deutsche Bank is assessed as a Front runner, with a total score of 6.5/12.

Po l icy : 3/3Po l icy : 3/3 D u e dil l igen ce: 2/3D u e dil l igen ce: 2/3Repo rtin g: 1/3Repo rtin g: 1/3 Rem edy : 0.5/3Rem edy : 0.5/3

For more details, see Banking with Principles? 2016 update.

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Equator PrinciplesEquator Principles

Implementation and reportingImplementation and reporting

The Equator Principles require that adopting banks publicly report on the implementation of the principles. You can find the reporting requirementsfor EPFIs here.

Contact and complaintsContact and complaints

The Equator Principles currently lack a formal complaints mechanism. Should you have any concerns or complaints about how the Equator Principlesare being applied in a specific project in which Deutsche Bank is also involved, please get in touch with our Equator Principles team.

Equator Principles Dodgy DealsEquator Principles Dodgy Deals

BankTrack is monitoring the following Equator Principles projects that are co-financed by Deutsche Bank -note that some files may be on record, nolonger updated-:

ProjectsProjects

Trans Mountain Pipeline Expansion project (TMEP) Trans Mountain Pipeline Expansion project (TMEP) CanadaPipeline Transportation of Crude Oil

Tufanbeyli coal power plant Tufanbeyli coal power plant TurkeyCoal Electric Power Generation

Atlantic Coast Pipeline Atlantic Coast Pipeline United StatesPipeline Transportation of Natural Gas

Block 31, Block 31, Yasuni National Park Yasuni National Park EcuadorOil and Gas Extraction

Punta Catalina-Hatillo coal power plant Punta Catalina-Hatillo coal power plant Dominican RepublicCoal Electric Power Generation

SOCAR Aegean Refinery SOCAR Aegean Refinery TurkeyCoal Electric Power Generation | Oil and Gas Extraction

Woodside Petroleum’s gas refinery Woodside Petroleum’s gas refinery AustraliaOil and Gas Extraction

Good movesGood moves

20172017

Five European banks pressured not to tolerate corrupt practices at Dominican coalFive European banks pressured not to tolerate corrupt practices at Dominican coalplant projectplant project

Mired in a major international corruption scandal, the proposed Punta Catalina coal plant in the DominicanRepublic became untouchable for Deutsche Bank, ING, Santander, Société Générale and Unicredit in 2017. As thegravity of the situation surrounding the project’s construction…

Deutsche Bank takes f irst significant step out of coal sector f inancingDeutsche Bank takes f irst significant step out of coal sector f inancing

Deutsche Bank is not moving out of coal as quickly or as comprehensively as we would like, but the January 2017commitment from Germany’s biggest bank to reduce its exposure to thermal coal and to no longer grant projectfinancing for greenfield thermal coal mines and new coal-fired power stations confirmed that…

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20162016

Deutsche Bank blacklists mountaintop removal companiesDeutsche Bank blacklists mountaintop removal companies

At Deutsche Bank's shareholder meeting in May, the bank finally announced an end to its supportfor mountaintop removal mining (MTR). The bank had been the largest banker behind the controversial practice.Two months previously the bank announced an incremental phase-out of its MTR finance, without anytimescales,…

20142014

Deutsche Bank divests from BumitamaDeutsche Bank divests from Bumitama

Deutsche Bank has told Friends of the Earth Europe and Rettet den Regenwald that it sold its shares in theIndonesian palm oil supplier Bumitama, an important supplier to palm oil giant Wilmar, following months ofcampaigning by the two groups. Despite numerous promises to clean up its act, Bumitama continues toproduce…

Nine of the world's top 20 funders of coal won't touch additional coal terminals atNine of the world's top 20 funders of coal won't touch additional coal terminals atAbbot PointAbbot Point

In 2014, JP Morgan, Cit, Barclays and Royal Bank of Scotland all responded to a worldwide pressure campaign ofNGOs, including Banktrack, urgewald, Greenpeace and Market Forces, by announcing that they would not helpfinance the expansion of the Abbot Point coal terminal in Australia. While ANZ and others remain tied to…

20132013

Coal India share issue collapsesCoal India share issue collapses

Coal India Limited's attempt at a public share issue was successfully blocked in late 2013. The Indian government,the company's majority shareholder, hoped toraise USD 3 billion through the sale of 10% of its stake in theworld's largest coal miner. Banktrack was part of a coalition of groups including Greenpeace, Rainforest…

20102010

Deutsche Bank announces divestment from ElbitDeutsche Bank announces divestment from Elbit

In 2010, Germany's biggest bank Deutsche Bank announced that it had divested its 2% stake in Elbit Systems, anIsraeli arms company that supplies the Israeli military and provides components for the Separation Wall in theOccupied Palestinian Territories. The announcement followed a concerted campaign from German human…

20062006

German banks withdraw from Belene following Urgewald pressureGerman banks withdraw from Belene following Urgewald pressure

In the fall of 2006, Deutsche Bank, HypoVereinsbank and Commerzbank withdrew from the Belene nuclear powerproject, sited in an earthquake area in Northern Bulgaria. Through media work, postcards and e-mails, visits at thebanks' AGMs, an international protest day and a protest week in 60 German cities, the banks were…

Related Dodgy DealsRelated Dodgy Deals

Deutsche Bank has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out moreabout dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

ProjectsProjects

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Keystone XL pipeline Keystone XL pipeline United StatesPipeline Transportation of Crude Oil

Tufanbeyli coal power plant Tufanbeyli coal power plant TurkeyCoal Electric Power Generation

Trans Mountain Pipeline Expansion project (TMEP) Trans Mountain Pipeline Expansion project (TMEP) CanadaPipeline Transportation of Crude Oil

Line 3 Pipeline Replacement Project (L3RP) Line 3 Pipeline Replacement Project (L3RP) United StatesPipeline Transportation of Crude Oil

Vaca Muerta Shale Basin Vaca Muerta Shale Basin ArgentinaOil and Gas Extraction | Pipeline Transportation of Crude Oil | Pipeline Transportation of Natural Gas

Block 31, Block 31, Yasuni National Park Yasuni National Park EcuadorOil and Gas Extraction

Mountain top removal coal mining Mountain top removal coal mining United StatesCoal Mining

Grasberg gold and copper mine Grasberg gold and copper mine IndonesiaMining

Bauxite mine Niyamgiri Hills Bauxite mine Niyamgiri Hills IndiaMining

Canadian tar sands Canadian tar sands CanadaOil and Gas Extraction

Israeli il legal settlements Israeli il legal settlements IsraelConstruction

Kusile coal power plant Kusile coal power plant South AfricaCoal Electric Power Generation

Woodside Petroleum’s gas refinery Woodside Petroleum’s gas refinery AustraliaOil and Gas Extraction

Guaigui dam Guaigui dam Dominican RepublicHydroelectric Power Generation

Great Barrier Reef Coal & Gas Exports Great Barrier Reef Coal & Gas Exports AustraliaCoal Mining | Fossil Fuels Bulk Stations and Terminals | Oil and Gas Extraction

POSCO integrated steel project POSCO integrated steel project IndiaIron and Steel Manufacturing

SOCAR Aegean Refinery SOCAR Aegean Refinery TurkeyCoal Electric Power Generation | Oil and Gas Extraction

Maules Creek coal mine Maules Creek coal mine AustraliaCoal Mining

Ladang Sawit Mas Plantation Ladang Sawit Mas Plantation IndonesiaAgriculture for Palm Oil

Golden Youth or Gemilang Makmur Subur Plantation Golden Youth or Gemilang Makmur Subur Plantation IndonesiaAgriculture for Palm Oil

Kaltim Prima Coal mine Kaltim Prima Coal mine IndonesiaCoal Mining

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China Tuna Industry Group IPO China Tuna Industry Group IPO ChinaFishing

Patents on chimpanzees and other animals Patents on chimpanzees and other animals - international -Genetic Engineering

Punta Catalina-Hatillo coal power plant Punta Catalina-Hatillo coal power plant Dominican RepublicCoal Electric Power Generation

Solwara 1 Deep Sea Mining Project Solwara 1 Deep Sea Mining Project Papua New GuineaMining

Offshore Detention Centres Offshore Detention Centres AustraliaPrisons and Immigration Detention

Mountain Valley Pipeline Mountain Valley Pipeline United StatesPipeline Transportation of Natural Gas

Atlantic Coast Pipeline Atlantic Coast Pipeline United StatesPipeline Transportation of Natural Gas

CompaniesCompanies

EDF EDF FranceBiomass Electric Power Generation | Hydroelectric Power Generation | Nuclear Electric Power Generation | SolarElectric Power Generation | Wind Electric Power Generation

Polska Grupa Energetyczna (PGE) Polska Grupa Energetyczna (PGE) PolandBiomass Electric Power Generation | Coal Electric Power Generation | Coal Mining | Nuclear Electric PowerGeneration

Adani Group Adani Group IndiaCoal Electric Power Generation | Coal Mining | Oil and Gas Extraction

Sime Darby Sime Darby MalaysiaAgriculture for Palm Oil

Royal Dutch Shell Royal Dutch Shell NetherlandsOil and Gas Extraction

TotalEnergies TotalEnergies FranceGas Electric Power Generation | Oil and Gas Extraction | Pipeline Transportation of Crude Oil | PipelineTransportation of Natural Gas

Bunge Bunge United StatesAgriculture for Food Crops | Agriculture for Palm Oil

UPM-Kymmene UPM-Kymmene FinlandPulp, Paper and Paperboard Mills

JBS JBS BrazilBeef Industry | Commodities Trading

RWE RWE GermanyBiomass Electric Power Generation | Coal Electric Power Generation | Coal Mining | Commodities Trading |Nuclear Electric Power Generation | Solar Electric Power Generation | Wind Electric Power Generation

Rio Tinto Rio Tinto AustraliaCoal Mining | Mining | Nuclear Electric Power Generation

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Vattenfall Vattenfall SwedenBiomass Electric Power Generation | Coal Electric Power Generation | Coal Mining | Hydroelectric PowerGeneration | Mining | Nuclear Electric Power Generation | Solar Electric Power Generation | Wind Electric Power Generation

Eskom Eskom South AfricaCoal Electric Power Generation | Nuclear Electric Power Generation

Orano Orano FranceMining | Nuclear Electric Power Generation

National Thermal Power Corporation (NTPC) National Thermal Power Corporation (NTPC) IndiaCoal Electric Power Generation | Coal Mining | Hydroelectric Power Generation | Wind Electric Power Generation

BHP Bill iton BHP Bill iton AustraliaCoal Mining | Mining | Oil and Gas Extraction

Fortum Fortum FinlandCoal Electric Power Generation | Hydroelectric Power Generation | Oil and Gas Extraction

Vedanta Resources Vedanta Resources United KingdomMining

ENGIE ENGIE FranceCoal Electric Power Generation | Hydroelectric Power Generation

Alliant Techsystems Alliant Techsystems United StatesArms Industry and Trade

Lockheed Martin Lockheed Martin United StatesArms Industry and Trade

Singapore Technologies Engineering Singapore Technologies Engineering SingaporeArms Industry and Trade

Textron Textron United StatesArms Industry and Trade

Wilmar International Wilmar International SingaporeAgriculture for Palm Oil

Korea Electric Power Corporation (KEPCO) Korea Electric Power Corporation (KEPCO) South KoreaCoal Electric Power Generation | Coal Mining | Nuclear Electric Power Generation

Elbit Systems Elbit Systems IsraelArms Industry and Trade | Aviation | Investigation and Security Services

Coal India Coal India IndiaCoal Mining

Enbridge Enbridge CanadaOil and Gas Extraction | Pipeline Transportation of Crude Oil | Pipeline Transportation of Natural Gas

Arch Resources Arch Resources United StatesCoal Mining

Alpha Natural Resources Alpha Natural Resources United StatesCoal Mining

HAGL HAGL VietnamAgriculture for Industrial Crops

VRG VRG VietnamAgriculture for Industrial Crops

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Felda Global Ventures Holdings Bhd Felda Global Ventures Holdings Bhd MalaysiaAgriculture for Palm Oil

Bumitama Bumitama IndonesiaAgriculture for Palm Oil

IOI Corporation IOI Corporation MalaysiaAgriculture for Palm Oil

Golden Agri-Resources (GAR) Golden Agri-Resources (GAR) SingaporeAgriculture for Palm Oil

Anglo American Anglo American United KingdomCoal Mining | Mining

Bumi Resources Bumi Resources IndonesiaCoal Mining

Coal of Africa Coal of Africa AustraliaCoal Mining

Glencore Glencore SwitzerlandCoal Mining

Vale Vale BrazilCoal Mining | Mining

Jindal Steel & Power Jindal Steel & Power IndiaCoal Mining | Mining

DTEK DTEK UkraineCoal Electric Power Generation | Coal Mining | Oil and Gas Extraction

CEZ Group CEZ Group Czech RepublicCoal Electric Power Generation | Coal Mining | Nuclear Electric Power Generation

Marubeni Marubeni JapanCoal Electric Power Generation | Mining | Pulp, Paper and Paperboard Mills

OLAM OLAM SingaporeAgriculture for Food Crops | Agriculture for Palm Oil

First Resources First Resources SingaporeAgriculture for Palm Oil

Trafigura Trafigura SingaporeCommodities Trading | Oil and Gas Extraction

Vitol Vitol SwitzerlandCommodities Trading | Oil and Gas Extraction

TC Energy TC Energy CanadaPipeline Transportation of Crude Oil | Pipeline Transportation of Natural Gas

Kinder Morgan Kinder Morgan United StatesPipeline Transportation of Crude Oil | Pipeline Transportation of Natural Gas

BAE Systems BAE Systems United KingdomArms Industry and Trade