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.
Bank.Green believes that mass movements will pull us out of the climate crisis – and they’ll pull your bank out, too.
We were founded on the belief that banks have had an easy time from their customers for too long. Our mission is to encourage as many people as possible to take a stand - to refuse to let their money fuel environmental destruction any longer. Join us in building this movement by pressuring your bank to do better, or by taking your money to somewhere that cares about our planet's future.
Banks live and die on their reputations. Mass movements of money to fossil-free competitors puts those reputations at grave risk. By moving your money to a sustainable financial institution, you will:
Send a message to your bank that it must defund fossil fuels
Join a fast-growing movement of consumers standing up for their future
Take a critical climate action with profound effects