Deutsche Bank
Non-Financial Report 2017

Deutsche Bank

Non-Financial Report 2017

Carbon Neutrality

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Carbon Neutrality

In line with our commitment to achieving a low-carbon economy, and based on our global environmental data management, we seek to reduce our energy consumption and GHG emissions by making our own operations as energy-efficient as possible. Additionally, we strive to use renewable energy sources where available. We have offset unavoidable carbon emissions covering GHG Scopes 1 and 2 and business travel since 2012, by purchasing and retiring high-level emissions reduction certificates.

Looking at the purchased carbon credits for our carbon-neutrality in 2017, we invested in a diversified project portfolio that supports climate change mitigation and economic development in Africa, Latin America, and Asia. All offsetting projects complied with well-recognized global standards, including the Gold Standard (60%) and Verified Carbon Standard. Our carbon-neutral measures remain subject to external assurance.

 

Dec 31,2017

 

Africa

Americas

Asia

Share

Wind

 

50,000

 

20%

Biomass / Biogas

 

 

50,000

20%

Cookstoves

50,000

 

 

20%

Geothermal

 

 

50,000

20%

Hydro

 

 

 

Forest / REDD

25,000

25,000

 

20%

Solar / PV

 

 

 

Share

75,000

75,000

100,000

0

 

30%

30%

40%

100%

Total

 

 

 

250,000

dfds