Deutsche Bank Transition toward a sustainable and climate-neutral economy Non-Financial Report 2022 Sustainable finance Sustainable finance – Exceeding the € 200 billion target in sustainable financing and investments between 2020 and year end 2022 with a cumulative total of € 215 billion – Sustainable financing and investments of € 58 billion in 2022, despite a challenging macroeconomic environment – Target to achieve cumulative sustainable financing and investment volumes of € 500 billion since January 2020 to year end 2025 GRI 201-2 As a global bank, Deutsche Bank acknowledges its role in facilitating the transition toward sustainable growth and a low- carbon economy. As a financial intermediary, the bank aspires to support its clients in their transformation with its financial expertise and product offerings on their path to a more sustainable and climate-neutral way of conducting business. Thus, the bank supports the European Commission’s Action Plan on sustainable finance as a crucial contribution toward the European Union’s achievement of its Paris Agreement climate targets and its wider sustainability agenda. This is in line with Deutsche Bank having signed the Paris Pledge for Action in 2015. In May 2020, Deutsche Bank published its intention to achieve at least € 200 billion in sustainable financing and investments by year end 2025, as defined in the Group’s Sustainable Finance Framework (*). In order to achieve more tangible progress in the shorter term, the bank first announced the acceleration of this target from year end 2025 to year end 2023 and later to year end 2022. The bank exceeded its year end 2022 target in sustainable financing and investments with a cumulative total of € 215 billion and is committed to achieve cumulative sustainable financing and investment volumes of € 500 billion since 2020 to year end 2025. The ESG assets managed by the Asset Management division, which operates under the brand DWS, are not included in these figures as DWS operates as a separate legal entity that sets its own sustainability strategy. The graphic below shows the milestones in sustainable finance since May 2020 focusing on the achievements made in 2022. 17
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