Commerzbank
Your bank has room for improvement on climate responsibility.
While Commerzbank still finances fossil fuels, this made up less than 1% of its total portfolio in 2021, while 84% of its total energy financing went towards low-carbon sources, including renewables.
Commerzbank has set science-based targets for each carbon-intensive sector it lends to and these targets have been validated by a third party. We expect to see the bank transition from lending to fossil fuels to renewable energy.
We would Commerzbank to divest of toxic bonds in fossil fuel producers.
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