Deutsche Bank has set net-zero targets and plans to achieve them by 2050. In 2022, the company reported Scope 1 emissions at 25,110 tCO2e and Scope 2 emissions for market based and location based at 7,118 tCO2e and 23,633 tones CO₂ equivalent respectively. Scope 3 emissions (category 6 — business travel) were reported at 18,438 tCO2e.Deutsche Bank has ongoing enhancements of its environmental and social standards to cope with the quickly developing regulatory landscape.

Deutsche Bank's current carbon emission and greenhouse gas emissions trends are not available in the excerpts. However, the bank has taken steps to reduce emissions, including investments in sustainable finance transactions and sustainable use-of-proceeds. The bank has also implemented a four-step sustainable finance classification process and has developed a structure that links supply chain financing to the ESG performance of suppliers.

Deutsche Bank has put in place robust governance processes for sustainable finance classification and reporting, including regular training of client-facing employees. The bank's sustainable finance framework covers environmental and social criteria, including affordable basic infrastructure, access to clean energy, and improved access to healthcare and education. The bank's framework is regularly updated to remain consistent with the latest market developments. Deutsche Bank's latest filings mentioned the keywords 'Deforestation' and 'Emission' most number of times in relation to 'Net Zero'.

In conclusion, Deutsche Bank has taken steps to reduce emissions, including investments in sustainable finance transactions and sustainable use-of-proceeds. Deutsche Bank has put in place robust governance processes for sustainable finance classification and reporting and regularly updates its sustainable finance framework to remain consistent with the latest market developments.

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