Deutsche Bank
#6 in Europe for fossil fuel financing.
Your bank is failing on climate responsibility.
Deutsche Bank continues to fund fossil fuel expansion ($60 billion between 2016 and 2023), which is utterly incompatible with the goals of the Paris Agreement as well as its own decarbonization targets.
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Anything else that the bank might say about its climate performance is a red herring.
Your bank may be ignoring the Paris Agreement.
The Paris Agreement set the goal to stay under 1.5°C of warming for very good reasons. According to the Intergovernmental Panel on Climate Change, an increase of just a couple of degrees more could lead to "substantial species extinction, large risks to global and regional food security", and an inability to work outside — or even live — in some areas of the world. Our world will become unrecognizable as ocean dead zones, floods, and extreme weather fuel social and economic disruption.
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