Deutsche Bank

Diversified Banks

$ 13 1.4

Share price

$ 27 bn

Market Cap

$ 27 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.09x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Stronger than the -1.4% weighted average for S&P 500

FY2022

Deutsche Bank aims to achieve carbon neutrality for all Scopes by 2050

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Deutsche Bank reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 30 September 2021 at 80 Kt (-38 /-32.3% y-o-y). At the same time, carbon intensity .

Deutsche Bank's Scope 3 emissions decreased to 3 Kt (-12 /-80.3% y-o-y).

The company is committed to achieving carbon neutrality for all Scopes by 2050, which translates into the estimated reduction of -2.9 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Deutsche Bank aims to achive carbon neutrality across its entire value chain (all Scopes) in 2050. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q3	80	33	47	3	28,819	2.8
2020Q4	121	39	82	14	26,037	4.7
2020Q3	118	41	77	15
2019Q4	155	50	105	70	25,223	6.1
2018Q4	152	51	102	57	29,310	5.2
2017Q4	160	52	108	61	30,447	5.2
2016Q4	177	59	118	61	34,603	5.1
2015Q4	171	50	121	73	38,623	4.4

Deutsche Bank

Carbon footprint

Primary Climate Goal

Deutsche Bank aims to achieve carbon neutrality for all Scopes by 2050

GHG emissions and Carbon intensity

Deutsche Bank's carbon footprint

Company environmental metrics