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/
Our statement for the Annual General Meeting 2021 of Deutsche Bank
Dear Shareholders,
In 2015, Deutsche Bank vowed to support the Paris Agreement [1]. However, since then, Deutsche Bank’s actions have not matched its rhetoric.
Since the Paris Agreement was signed, Deutsche has been a major financier of coal, oil and gas. According to the Banking on Climate Chaos report, between 2016-2020, Deutsche provided US$30.438 billion to companies responsible for expanding fossil fuels [2]. These investments seriously undercut Deutsche Bank’s claims to support climate protection.
The Intergovernmental Panel on Climate Change (IPCC) has been clear that limiting global warming to 1.5ºC avoids many of the more severe impacts that would occur at 2ºC of warming [3]. Weiterlesen
Permanent link to this article: https://www.kritischeaktionaere.de/en/deutsche-bank/deutsche-bank-must-listen-to-the-international-energy-agency-no-new-investments-in-fossil-fuels/
Re Agenda Item 2: Ratification of the acts of management of the members of the Management Board for the 2020 financial year
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 continues to pursue a course of action that is incompatible with the goals of the Paris Agreement on Climate Change.
Because it provides finance to the fossil fuels sector, Deutsche Bank is part of the problem
Although Deutsche Bank toughened up its environmental policies last July and has subjected a greater number of coal and other fossil fuel companies to review and exclusion, it still remains a significant source of finance for fossil fuels. Weiterlesen
Permanent link to this article: https://www.kritischeaktionaere.de/en/deutsche-bank/financing-the-fossil-energy-sector-makes-deutsche-bank-a-climate-offender-our-countermotion/
International conference on 7 October 2025 in Berlin
The conference brings together experts, policymakers, trade union representatives, and civil society actors from Germany, Europe, and the Global South to discuss the current state and future of human rights due diligence. Over the course of the day, we will explore the implementation and impact of Germany’s Supply Chain Act and the EU Corporate Sustainability Due Diligence Directive (CSDDD), highlight the crucial role of trade unions, and exchange perspectives on challenges and best practices along global supply chains.
The conference language is English. Unless otherwise stated in the agenda, interpretation into German will be provided throughout the conference.Weiterlesen
Permanent link to this article: https://www.kritischeaktionaere.de/en/human-rights-due-diligence/due-diligence-and-labor-rights-implementation-expectations-and-perspectives-along-the-supply-chain/
On 8 November 2024, European Commission President Ursula von der Leyen announced she would introduce a proposal to amend three key pillars of the European Green Deal through an Omnibus law: the Corporate Sustainability Due Diligence Directive (CSDDD), the Corporate Sustainability Reporting Directive (CSRD), and the Taxonomy Regulation.
As members of civil society, human rights and environmental defenders, trade unions and climate activists, we call on the European Commission to actively protect these EU corporate accountability laws, reaffirm the official timeline for their transposition and implementation, and be fully transparent about the Omnibus process.
The European Union must show leadership in the protection of human rights, environment and climate, and prevent further setbacks to corporate accountability. Weiterlesen
Permanent link to this article: https://www.kritischeaktionaere.de/en/human-rights-due-diligence/omnibus-proposal-will-create-costly-confusion-and-lower-protection-for-people-and-the-planet/
Re Agenda item 3: Discharge of the members of the Executive Board
The Association of Ethical Shareholders Germany proposes that the actions of the members of the Board of Directors be denied discharge.
Justification:
The Executive Board has once again failed to implement effective measures to protect the climate and human rights.
Human rights: Unacceptable working conditions and suppression of trade union activities
There are increasing indications that the Executive Board is not adequately addressing human rights risks in accordance with the German Supply Chain Due Diligence Act (Lieferkettensorgfaltspflichtengesetz – LkSG), even in its own business area. This seems to be particularly true with regard to the prohibition of disregarding freedom of association, according to which employees may freely form or join trade unions, which may not be used as a reason for unjustified discrimination or retaliation, as well as the right to strike and the right to collective bargaining. Weiterlesen
Permanent link to this article: https://www.kritischeaktionaere.de/en/dhl-group-deutsche-post/unacceptable-working-conditions-suppression-of-trade-union-activities-and-ineffective-climate-protection-our-countermotions/
Update from 19.01.2024: Volkswagen’s answers are now also published here under the respective questions.
Dear Madam or Sir,
We, the undersigned organizations, note the publication of the ESG audit results of the SAIC Volkswagen plant undertaken by Löning- Human Rights & Responsible Business GmbH. In our letter dated July 11, 2023, we expressed our extensive concerns about the credibility of an audit in the Uyghur Region.
Following the publication of the audit findings, staff from Löning posted a statement on LinkedIn, distancing themselves from the audit, claiming “no other team member from Löning participated in, supported or backed this project.” Weiterlesen
Permanent link to this article: https://www.kritischeaktionaere.de/en/volkswagen-en/questions-to-volkswagen-following-publication-of-audit-results/
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:
— Kritische Aktionärinnen und Aktionäre (@Krit_Aktionaere) May 19, 2022
Deutsche Bank – You broke your promise. You said you wouldnt fund Adani. This video is being played at the Deutsche Bank annual general meeting, with the help of a shareholder.
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