Commerzbank

InfluenceMap Score
C-
Performance Band
61%
Organisation Score
45%
Relationship Score
Sector:
Financials
Head​quarters:
Frankfurt, Germany
Official Web Site:
Wikipedia:

Commerzbank appears to have had limited engagement with sustainable finance policy. Commerzbank has stated support for a role for finance in meeting the goals of the Paris Agreement and appears to support investment strategies guided by the need to achieve net-zero by 2050 as a member of the Net-Zero Banking Alliance. However, it does state in its website that oil and gas are still important and currently essential energy sources. In 2019, Commerzbank stated broad support for sustainable finance policy in a media article, although on its website cautioned against "excessive regulations" on the issue.

Commerzbank described some sustainable finance policies it is covering, including the NFRD, disclosures regulation and updates to MiFID II, in a 2019 newsletter but without declaring clear positions. However, Commerzbank stated support for the taxonomy in its 2019 Corporate Responsibility report and on its website accessed in 2021.

Commerzbank does not appear to have described its indirect engagement on sustainable finance policy beyond listing some of its trade association memberships. Commerzbank discloses some information of its sustainable finance positions across its website, but lacks a dedicated disclosure of its policy positions and lobbying activities.

QUERIES
DATA SOURCES
1NSNSNSNSNSNS
110NS1NSNS
0NS1NS1NSNS
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-1NANANANANANA
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Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
40%
 
40%
 
49%
 
49%
 
47%
 
47%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.