Deutsche Bank joins RE100 commitment to renewable electricity
Deutsche Bank has become a member of RE100, a global initiative led by the Climate Group, that brings together influential businesses committed to using 100% renewable electricity across their operations.
The bank has set a target to source 100% renewable electricity to cover its own operations by 2025. Currently, 91% of Deutsche Bank’s electricity worldwide is from renewable sources.
Deutsche Bank takes a number of steps to minimise the environmental impact of its business operations, such as using energy and other resources as efficiently as possible, buying renewable electricity, and offsetting the remaining emissions.
RE100 has a total revenue of over $6.6 trillion and operate in a diverse range of sectors. Together, they send a powerful signal to policymakers and investors to accelerate the transition to a clean economy. #RE100.