Wealth Management

Sustainability Our approach

What does sustainability
mean for you?

Claudio de Sanctis

For me, it begins with the ocean. I've been a keen sailor and diver my whole life, and over the years I've witnessed a deterioration in the marine environment at first hand.

As a father, I want my children to inherit a healthy ocean. As a banker, I've come to understand that building a sustainable blue economy is critical if we are to sustain growth across the global economy as a whole.

For you, sustainability will mean something different. Maybe your primary concern is for social progress, for example, or simply the transfer of your family's wealth to the next generation.

Regardless, sustainability is something you cannot ignore. As responsible wealth managers, we think continually about the long term. And no other long-term trend will be more consequential to your wealth or society.

Un caro saluto,

Claudio de Sanctis signature
Claudio de Sanctis
Member of the Management Board
Head of Private Bank, Deutsche Bank
Beach scene

Our commitment

Our planet and society are confronted with multiple, simultaneous crises. Solving them requires a fundamental shift in economic activity globally.

At Deutsche Bank, we believe we have a responsibility to be part of the solution. That's why sustainability, which encompasses environmental, social and governance (ESG) factors, has been embedded in our Global Hausbank strategy since 2019.

We strive to support our clients in accelerating and navigating their sustainable transition. As a bank, we can assist our clients on their path to net-zero - through sustainable finance, transition expertise and our control framework.

As part of our holistic wealth management service, we also offer a wide range of ESG solutions across investing, lending and deposits.

Deutsche Bank's key
sustainability milestones

1992 Member of the UN's Environment Programme Finance Initiative
2000 Signatory of the ten principles of the UN Global Compact
2019 Founding member of the Net-Zero Banking Alliance
2021 Signatory of the Principles for Responsible Banking
2023 Initial Transition Plan published and Nature Advisory Panel established

The relationship between
sustainability and finance

Half the world's GDP is heavily or moderately dependent on nature*, yet the 'ecosystem services' it provides to the global economy are at risk like never before. Our future prosperity depends on solving the intersecting problems of climate change, pollution and biodiversity loss.

As a founding member of the Net-Zero Banking Alliance, Deutsche Bank is committed to achieving net-zero by 2050. In addition to reducing the carbon footprint of our own operations and supply chain, we are constantly expanding our sustainable product and service offering to support our clients on their sustainable transformation path.

We have also developed an approach to assessing nature-related risks that focuses on particular types of nature loss. In 2023, we set up a Nature Advisory Panel with renowned external experts, to help us improve our nature-related policies and frameworks.

Man and girl