Deutsche Bank Speeds Up Sustainability Push as Lenders Go Green

  • Moves forward target for 200 billion euros sustainable finance
  • Women to hold at least 30% of senior management roles
Photographer: SeongJoon Cho/Bloomberg
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Deutsche Bank AG is accelerating a push to align its business with environmental, social and governance criteria as global lenders increasingly move toward green finance.

Germany’s biggest lender seeks to facilitate 200 billion euros ($244 billion) in sustainable finance and investments by the end of 2023, two years earlier than previously planned, it said in a press release on Thursday. Deutsche Bank also set more ambitious targets for women in leadership positions.