Contents 3 Letter from the Chief Executive O昀케cer 5 Letter from the Chairman of the Supervisory Board 6 Introduction 7 About Deutsche Bank 8 About this report 9 Materiality assessment 11 Transition toward a sustainable and climate-neutral economy 13 Sustainability strategy and implementation 17 Sustainable 昀椀nance 38 Climate risk 52 Environmental and social due diligence 57 Human rights 107 Employees and corporate social 61 In-house ecology responsibility 69 Governance and operations 109 Employment and employability 71 Corporate governance 120 Corporate social responsibility 75 Stakeholder engagement and thought leadership 124 Art, culture and sports 78 Culture, integrity and conduct 125 Appendix 81 Public policy and regulation 126 Reports of the independent auditor 85 Anti-昀椀nancial crime 131 ESG-related goals 89 Tax 132 GRI Content Index and UN Global Compact 91 Data protection 148 Sustainability Accounting Standards Board (SASB) 93 Product responsibility Index 96 Client satisfaction 151 Recommendations of the Task Force on 100 Technology, data and innovation Climate-related Financial Disclosures (TCFD) 102 Digitization and innovation 153 Principles for Responsible Banking 105 Information security 172 Imprint/Publications