Deutsche Bank zeroes in on sustainable finance – IFR

Deutsche Bank looks to make its mark on sustainable finance which is on the rise and has amplified its pace since the onset of the pandemic crisis.

The bank, which admits to having been criticised for lagging behind peers on setting ESG targets, sent a strong signal on Tuesday with the launch of a maiden €500m 6NC5 green bond which was nine times subscribed.

Deutsche published its first ever ESG quantifiable targets in May. The firm aims to execute €200bn in sustainable financing and investments by 2025.

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