May 2022 archive

Get out of financing fossil corporations!

Video messages from Patricia Namirembe, Fridays for Future Uganda and Coedie McAvoy, Wangan and Jagalingou, on the occasion of the Deutsche Bank 2022 Annual General Meeting:


Weiterlesen

Permanent link to this article: https://www.kritischeaktionaere.de/en/deutsche-bank/get-out-of-financing-fossil-corporations/

Statement From Market Forces On Deutsche Bank’s Funding For New Coal Production

Deutsche Bank claims to support the goals of the Paris Agreement and achieving net zero global emissions by 2050. The bank is a signatory to the Paris Pledge for Action, the German financial sector’s Climate Commitment and the Net Zero Banking Alliance [1]. CEO Christian Sewing has also publicly stated, “The fight against climate change is probably the greatest challenge facing humanity, and we banks will have to fundamentally align ourselves with it.” [2]

Deutsche Bank’s claims must be measured against what scientific and economic expert bodies say is required to limit global warming to 1.5ºC and achieve net zero global emissions by 2050. Weiterlesen

Permanent link to this article: https://www.kritischeaktionaere.de/en/deutsche-bank/statement-from-market-forces-on-deutsche-banks-funding-for-new-coal-production/

Continued funding of coal, illegal mining, nuclear weapons: Our countermotion

Re Agenda Item 3: Ratification of the acts of management of the members of the Management Board for the 2021 financial year

The Association of Ethical Shareholders Germany proposes that ratification of the acts of management of the Management Board be refused.

Reasons:
The Management Board of Deutsche Bank AG has failed to uphold its own commitment to comply with international climate targets and sustainable finance.

Lending to the coal industry continues

Despite the tightened 2020 framework for managing environmental and social risks and having signed the climate commitment of the German financial sector and the Net Zero Banking Alliance, Deutsche Bank is still a major lender to companies in the fuel industry. Weiterlesen

Permanent link to this article: https://www.kritischeaktionaere.de/en/deutsche-bank/continued-funding-of-coal-illegal-mining-nuclear-weapons-our-countermotion/

Despite the Ukraine war: Business with Russia continues. Our countermotions

Agenda item 3: Resolution on the discharge of the members of Uniper Management Board for financial year 2021

The Association of Ethical Shareholders Germany proposes not to discharge the members of the Board of Management.

Justification:

The Board of Management does not honor its responsibility for climate protection and the necessity to reduce dependance on fossil energy, most prominently natural gas from Russia.

Massive increase of CO2 emissions, no focus on renewable energies

The Uniper Board of Management has supported the massive dependence on fossil natural gas, most prominently also sourced from Russia. More than half of Uniper’s power generation in 2021 was based on fossil natural gas and oil, compared to 2020 Uniper needed 15% oil and gas. Weiterlesen

Permanent link to this article: https://www.kritischeaktionaere.de/en/uniper-2/despite-the-ukraine-war-business-with-russia-continues-our-countermotions/