Deutsche Bank Appendix Non-Financial Report 2022 Principles for Responsible Banking Response Links and references As a global financial institution Deutsche Bank believes it is part of its responsibility to Non-Financial Report: support and where possible, accelerate the transformation towards a sustainable society 2022/Sustainability strategy and economy. This transformation affects the bank’s relationship with its stakeholders. and implementation Clients need advice, products, and services to make progress in their transformation journeys. Investors increasingly want to entrust their capital to companies with a credible Code of Conduct: sustainability strategy. Following clear guidance for sustainability is one cornerstone of Sustainability and human attracting people who expect their employer to act decisively and to be purpose driven. rights Finally, society values businesses that act as responsible corporate citizens. Deutsche Bank’s sustainability principles are anchored in the bank’s Code of Conduct, which it expects all employees to adhere to. The principles express the bank’s ambition to consider the long-term effects of its activities and to generate sustainable value for its clients, employees, investors, and society at large. Sustainability, which encompasses environmental, social, and governance (ESG) aspects, is a central component of Deutsche Bank’s “Global Hausbank” strategy. In 2022, the bank continued to embed sustainability into its products, policies, and processes, focusing on the four pillars: Sustainable Finance, Policies and Commitments, People and Own Operations as well as Thought Leadership and Stakeholder Engagement. Making progress along these pillars will enable the bank to maximize its contribution to the achievement of the Paris Climate Agreement’s targets and the United Nations (UN) Sustainable Development Goals (SDGs). Although the bank contributes indirectly to all 17 SDGs, as part of its sustainability strategy the focus is on SDG 4, 5, 7, 8, 9, 11, 13, and 17 which are particularly close to its business activity. To underpin its long-standing commitment to sustainability, Deutsche Bank formally endorsed universal sustainability frameworks and initiatives as well as international standards and principles, including – Ten principles of the UN Global Compact – Principles for Responsible Investment (through DWS) – Principles for Responsible Banking – Net-Zero Banking Alliance – International Labor Organization (ILO) Declaration on Fundamental Principles and Rights at Work including the ILO Core Labor Standards – UN Guiding Principles on Business and Human Rights – Universal Declaration of Human Rights Principle 2: Impact and Target Setting We will continuously increase our positive impacts while reducing the negative impacts on, and managing the risks to, people and environment resulting from our activities, products and services. To this end, we will set and publish targets where we can have the most significant impacts. 155
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