Deutsche Bank Ag · XETR:DBK
Deutsche Bank — Non-Deal Roadshow (February 2011)
43 slides from Deutsche Bank's roadshow presentation, Feb 15, 2011
Slide 1: Sustainability at Deutsche Bank
Deutsche Bank Sustainability at Deutsche Bank Prof. Hanns Michael Hölz Group Sustainability Officer Joachim Müller Head of Investor Relations Dr. Julia Warth Senior Investor Relations Manager Deutsche Bank SRI Roadshow Sustainability at Deutsche Bank Investor Relations 02/11 Prof. Hanns Michael Hölz
Slide 2: Agenda
Agenda 1 Core aspects of Deutsche Bank’s sustainability strategy 2 Environmental aspects 3 Social aspects 4 Governance aspects Deutsche Bank Sustainability at Deutsche Bank 1 Investor Relations 02/11 Prof. Hanns Michael Hölz, Joachim Müller, Dr. Julia Warth
Slide 3: Key accomplishments
Key accomplishments — Further implementation of our climate strategy — Reduction of Deutsche Bank’s carbon emissions by approximately 60 % compared to the 2007 baseline figures (offsets included) E — Further development of sustainable funds and thematic funds of DWS Investments and DB Advisors with
Slide 4: Governance of Deutsche Bank's sustainability management
Governance of Deutsche Bank’s sustainability management Certified under ISO 14001 Management Board Group Sustainability Environmental Group Sustainability Officer Group Reputational Steering Committee Risk Committee (ESC) (GRRC) Unit Sustainability Officers Business Infrastructure Regional Units Uni
Slide 5: Holistic risk management approach
Holistic risk management approach External commitments Internal guidelines — UN Global Compact Corporate Governance/Human Resources — UNEP-FI Declaration of Ecological — Code of Conduct – Code of Ethics Sustainable Development aspects Sustainability — UN Declaration of Human Rights — Policies and st
Slide 6: Reputational risk escalation process
Reputational risk escalation process Group Reputational Risk Committee Regular Meetings Discussion of escalated reputational risk issues Final decision of transaction Escalation, if reputational risk issue is not resolved Regional/Divisional Review (otherwise normal approval Discussion of escalated
Slide 7: Credit Directives – core principles for our banking business
Credit Directives – core principles for our banking business Defence equipment “We will not consider any involvement in transactions connected with specific types of weapons, in particular antipersonnel landmines, cluster bombs or ABC weapons.”… Pornography/“Red Light Area” “Deutsche Bank will not e
Slide 8: "Green Filter" – special focus on carbon intensive industries
“Green Filter” – special focus on carbon intensive industries Green Filter Question – part of the Reputational risk management program policy Does the transaction relate to activity which may be described as harmful to the environment? Is the transaction consistent with the Bank’s aspiration to be a
Slide 9: DWS ESG Policies
DWS ESG Policies — DWS principals for engagement, controversial investments and extended due diligence — Based on global norms, e.g. — UN Global Compact Principles — OECD Guidelines for Multinational Companies — Engagement process: — Dialogue with company — Public dialogue — Possible exclusion, if n
Slide 10: Agenda
Agenda 1 Core aspects of Deutsche Bank’s sustainability strategy 2 Environmental aspects 3 Social aspects 4 Governance aspects Deutsche Bank Sustainability at Deutsche Bank 9 Investor Relations 02/11 Prof. Hanns Michael Hölz, Joachim Müller, Dr. Julia Warth
Slide 11: Deutsche Bank's climate strategy
Deutsche Bank’s climate strategy Fields of activity within our climate strategy E S G Financial Intermediary Eco Efficiency Manager Climate Ambassador — Green technology/renewables — Energy efficiency in buildings — Informing clients and the general public (website — Energy efficiency in buildings —
Slide 12: Products to combat climate change
Products to combat climate change Description Results – Examples E S G Sustainability-oriented funds Invested assets of EUR 2.8 bn as of 31 Dec 2010 issued by DWS/DB Advisors — Institutional ESG strategies for equities, fixed income and multi asset — Institutional Climate Change / Environmental stra
Slide 13: Dii: socio-political engagement in a large scale
Dii: socio-political engagement in a large scale E S G Dii Concept Desertec Foundation was set up by — Trans-Mediterranean Renewable Energy Cooperation — Aims at supplying an important share of Continental — German Association of the Club of Europe’s total annual electricity demand by 2050 with Rome
Slide 14: Carbon neutral from 2013 onwards
Carbon neutral from 2013 onwards E S G Timeline — Reduction of global carbon footprint by 20 percentage points every year over the next five years (relative to 2007 base year) Inventory — Approximately 523,000 tons of CO2 worldwide — Primarily covering emissions associated with energy use, travel, a
Slide 15: Greentowers – benchmark for future projects
Greentowers – benchmark for future projects E S G In the course of Europe’s most comprehensive reconstruction project, Deutsche Bank’s towers in Frankfurt, Germany, are being turned into one of the most environmentally friendly high-rise buildings in the world. CO2 emissions reduction: LEED Certific
Slide 16: Agenda
Agenda 1 Core aspects of Deutsche Bank’s sustainability strategy 2 Environmental aspects 3 Social aspects 4 Governance aspects Deutsche Bank Sustainability at Deutsche Bank 15 Investor Relations 02/11 Prof. Hanns Michael Hölz, Joachim Müller, Dr. Julia Warth
Slide 17: Deutsche Bank as an employer
Deutsche Bank as an employer E S G Number of employees Regional deployment of staff In thousands, full-time equivalents at year's end In % at Europe (excl. Germany, Asia Pacific year's end Middle East, Africa) Americas 80,5 Germany 78,3 77,1 68,8 63,4 19 21 21 17 15 15 28 29 29 36 35 35 2005 2006 20
Slide 18: Deutsche Bank as an employer
Deutsche Bank as an employer E S G Employee age distribution Qualification of our employees In % at year's end In % at year's end Other school degrees High school certificate Up to 24 25–34 35–44 45–54 Over 54 University degree 64,4 64,0 63,3 4,6 5,0 5,4 17,9 17,9 18,9 32,3 31,7 32,2 18,2 17,4 18,7
Slide 19: Employee commitment – highest result in 10 years
Employee commitment – highest result in 10 years E S G Deutsche Bank’s commitment index comprises three main elements: the emotional attachment to the Bank (identification), the willingness to go the ‘extra mile’ for the Bank (engagement) and the expectation to stay with the Bank (retention). 77 74
Slide 20: Deutsche Bank's commitment to gender diversity
Deutsche Bank’s commitment to gender diversity E S G Accomplished Top Leaders Advancement Total percentage of women, in % Strategy (ATLAS) Programme, established in 2009, to select 20 44,7 women every year from all business units and 44,5 regions to groom suitable candidates for the 44,3 bank’s top
Slide 21: Human and labor rights
Human and labor rights E S G Human rights — International guidelines (e.g. the World Bank Standards, the OECD Principles for Multinational Enterprises, the UN Global Compact Principles) are applied in our business — Deutsche Bank’s Code of Conduct requires to maintain equal opportunities by not disc
Slide 22: E-Learning on sustainability
E-Learning on sustainability E S G Available since Introductory Module: Sustainability and Deutsche Bank Dec 09 General Module: Climate Change and Deutsche Bank Dec 09 General Module: Managing Sustainability & ESG issues at Deutsche Bank Dec 09 General Module: Reputational/ESG Risks March 11 A
Slide 23: Corporate citizenship – how we spend our money
Corporate citizenship – how we spend our money E S G Total investment worldwide, in EUR m Investment per employee, in EUR 82,2 82,3 1.121 1.052 1.011 81,1 2007 2008 2009 2007 2008 2009 Investment by region (2009) Investment by area of activity (2009) 8% 5% 12% 27% 39% 45% 12% 23% 29% Germany America
Slide 24: Microcredits – from philanthropy to the business case
Microcredits – from philanthropy to the business case E S G Via Deutsche Bank approximately USD 195 m have been channeled to more than 110 microfinance institutions in more than 47 countries in the past twelve years. Result: aggregate loan volume of USD 1.19 bn has been granted to 2.6 m borrowers so
Slide 25: Agenda
Agenda 1 Core aspects of Deutsche Bank’s sustainability strategy 2 Environmental aspects 3 Social aspects 4 Governance aspects Deutsche Bank Sustainability at Deutsche Bank 24 Investor Relations 02/11 Prof. Hanns Michael Hölz, Joachim Müller, Dr. Julia Warth
Slide 26: Function of the Supervisory Board and Management Board
Function of the Supervisory Board and Management Board E S G Supervisory Board (20 members): Chairman’s Committee, Mediation Committee, Risk Committee, Audit Committee, Nomination Committee — Appoints, supervises, and advises the Management Board — Is directly involved in decisions of fundamental im
Slide 27: The key functions of Deutsche Bank's compliance processes
The key functions of Deutsche Bank’s compliance processes E S G 567 Compliance staff worldwide(1) High level of compliance education(2) — Providing advisory support to business on applicable laws, rules and regulations — Codifying and communicating global and local compliance principles, standards a
Slide 28: Compensation update
Compensation update E S G — German Institutsvergütungsverordnung (InstVV) came into effect on 12 October 2010, replacing guidelines from 2009 New regulations — Regulation is based on CRD 3 and CEBS guidelines — Stricter rules compared to overseas regulatory activities — As with previous rules, exist
Slide 29: Improvements to the global reward governance structure
Improvements were made to the existing global reward governance structure (overview) E S G DB has further enhanced its existing Global Reward Governance Structure to ensure even better oversight and control for all compensation structures and practices on a group-wide basis. Core processes have been
Slide 30: Targets, sustainability-oriented products and services
Targets, sustainability-oriented products and services E S G Private Wealth Clients DWS/DB Advisors Private & Business Clients — Targeted expansion of — Increasing the volume of — Further integration of sustainable discretionary management sustainability managed funds on criteria into product portfo
Slide 31: Results of sustainability ratings
Results of sustainability ratings SAM(1) Sustainalytics(2) Rating of 100+ banks worldwide. Deutsche Bank is among the Total score: 64; Ranking: 2 out of 93 top 10% Deutsche Bank Industry average Deutsche Bank , Industry average 73 86 82 , 74 80 64 62 63 57 45 49 45 45 50 40 37 Economic Environmental
Slide 32: Investor Contacts
Investor Contacts Group Prof. Hanns Michael Hölz +49 69 910 34544 Sustainability Managing Director hanns-michael.hoelz@db.com Group Sustainability Officer Dr. Julia Warth +49 69 910 34537 Investor Vice President julia.warth@db.com Relations SRI Investors Deutsche Bank Sustainability at Deutsche Bank
Slide 33: Additional information
Deutsche Bank Additional information Deutsche Bank Roadshow Sustainability at Deutsche Bank Investor Relations 02/11 Prof. Hanns Michael Hölz, Joachim Müller, Dr. Julia Warth Paris, 15 February 2011
Slide 34: Governance structure
Governance structure Management Board and Group Executive Committee Dr. Josef Ackermann Chairman of the Management Board and the GEC Dr. Hugo Bänziger Stefan Krause Hermann-Josef CRO CFO Lamberti COO Jürgen Fitschen Anshu Jain Rainer Neske Regions Corporate and Investment Private & Business Clients
Slide 35: Members of Deutsche Bank's Supervisory Board
Members of Deutsche Bank’s Supervisory Board E S G Member Principal Occupation Dr. Clemens Börsig Chairman of the Supervisory Board of Deutsche Bank AG Dr. Karl-Gerhard Eick Chairman of the Supervisory Board of Corpus Sireo Holding GmbH & Co. KG Sir Peter Job Other directorships: Non-executive Direc
Slide 36: Environmental Steering Committee and Climate Change Advisory Board
Environmental Steering Committee and Climate Change Advisory Board E S G Environmental Steering Members: Global Markets, Global Banking, Asset Management, Private Wealth Committee Chair: Management, Private & Business Clients, Communications, Compliance, Corporate Caio Koch-Weser Development/Corpora
Slide 37: Solar Impulse – a sustainable investment in the future
Solar Impulse – a sustainable investment in the future E S G 63 m wingspan, 12,000 solar cells, zero kerosene — In 2013 “Solar Impulse” is due to set off on the first round-the-world flight of a manned solar aircraft — Without using any fuel or emitting any pollutants, it will take off and fly for s
Slide 38: Operational environmental protection - our targets
Operational environmental protection - our targets E S G Aspect Goal Resources — Carbon neutrality from 2013 onwards — Continuous increase of the renewable energy component (2009: 69 %) — Reduction of water use by a total of 100 million liters (2009/2010) — Reduction of energy consumption by a total
Slide 39: Renewable Energy projects in our Asset Finance & Leasing business (I)
Renewable Energy projects in our Asset Finance & Leasing business (I) E S G Wind First Wind Energy LLC Wind Park Champagne, Solarpark Rain GmbH & Co.KG European Solar Power Fund Carpevigo France (Germany) Nr. 1 GmbH & Co.KG Unternehmensgruppe (Germany) (Germany) USD 50 million EUR 10 million EUR 47.
Slide 40: Renewable Energy projects in our Asset Finance & Leasing business (II)
Renewable Energy projects in our Asset Finance & Leasing business (II) E S G Wind Windkraft GmbH & Co. KG Offshore Wind Farm in Baltic Momerstroff SAS (France) DEE Deutsche Erneuerbare Voltwerk Solar Return Fund N° 25 Sea, Ventotec Ost 2 KG Energien GmbH EUR 50 Million Capacity: 400 MW EUR 15 Millio
Slide 41: Listing of Deutsche Bank in SRI indices
Listing of Deutsche Bank in SRI indices Indices Listed since Indices Listed since ASPI Index 2001 Ethical Index Euro 2002 (since establishment Ethical Index Global of the index) Ethical Index Euro Tradable Dow Jones STOXX 2001 2006 Sustainability Indices (since Ethical Index Global Tradable establis
Slide 42: Global governance – our partnerships
Global governance – our partnerships Organization/Institution Profile UN Global Compact UN initiated code of conduct for corporates: Principles regarding (since 2000) human rights, labour, environment and anti-corruption UNEP FI Conceived at Rio Earth Summit (since 1992) Specialist working groups Gl
Slide 43: Cautionary statements
Cautionary statements This presentation contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and pro