For the first time ever, Commerzbank has moved up into the highest quality segment in the january 2017 assessment by Oekom Research, a ratings agency in the area of sustainable investments that has been established on the market for more than 20 years: Commerzbank has been recognised for its commitment in the field of sustainability by being awarded prime status. The Bank’s ranking puts it among the world’s leading companies in the observance of ecological and social criteria in its corporate management.
One positive impact on success of Commerzbank’s prime rating was generated by the Bank’s position on coal, which came into effect in 2016. The Bank’s position on coal excludes the financing of new coal-fired power stations and coal-mining projects worldwide, and also the financing of mining operations with mountaintop removal. This position is indicative of the enhanced sustainability approach of the Bank in its core business.
Oekom Research also confirmed the high quality of Commerzbank’s coordinated and interdependent measures, both in the field of operational environmental management and in the area of work/life balance.
