Deutsche Bank Ag · XETR:DBK
Deutsche Bank — ESG Presentation (October 2018)
42 slides from Deutsche Bank's sustainability presentation, Oct 10, 2018
Slide 1: dbAccess ESG Engagement Days
Deutsche Bank dbAccess ESG Engagement Days Viktoriya Borysova, Head of Group Sustainability Dr. Antje Stobbe, Head of Stakeholder Management / SRI Frankfurt, 9/10 October 2018
Slide 2: Agenda
Agenda 1 Strategy, targets and governance 2 Sustainability: Our approach 3 ESG in our business 4 Technology 5 Our staff 6 Appendix Deutsche Bank Viktoriya Borysova / Antje Stobbe Investor Relations 10 October 2018 1 10/10/2018 2010 DB Blue template
Slide 3: Deutsche Bank Group: Shifting towards a more stable revenue base
Deutsche Bank Group: Shifting towards a more stable revenue base Our strategic priorities 1 Delivering on PCB and DWS to execute on communicated strategies PCB and DWS 2 Re-shaping Corporate & Investment Bank to adapt to changed market conditions and CIB focus on core strengths 3 Reducing cost Cut c
Slide 4: Clearly defined near-term targets
Clearly defined near-term targets Post-tax return on tangible >4% in 2019 equity € 23bn in 2018 Adjusted costs € 22bn in 2019 Employees <93,000 in 2018 (Full-time equivalent, end of period) <90,000 in 2019 Common Equity Tier 1 capital >13% ratio Deutsche Bank Viktoriya Borysova / Antje Stobbe Invest
Slide 5: Deutsche Bank Management Board
Deutsche Bank Management Board Christian Sewing Garth Ritchie Karl von Rohr Chief Executive Officer President – Head of President – Chief Administrative Corporate & Investment Bank Officer Stuart Lewis Sylvie Matherat James von Moltke Chief Risk Officer Chief Regulatory Officer Chief Financial Offic
Slide 6: Agenda
Agenda 1 Strategy, targets and governance 2 Sustainability: Our approach 3 ESG in our business 4 Technology 5 Our staff 6 Appendix Deutsche Bank Viktoriya Borysova / Antje Stobbe Investor Relations 10 October 2018 5 10/10/2018 2010 DB Blue template
Slide 7: Global developments impacting Deutsche Bank
Global developments impacting Deutsche Bank Strategic implications EU Action Plan on Sustainable Finance Embedding environmental and social responsibility Regulatory Guidelines for scrutiny Multinational Enterprises Future of International work standards Financing sustainable economic development De
Slide 8: Our purpose is to create a positive impact for our clients, employees, investors and communities
Our purpose is to create a positive impact for our clients, our employees, our investors and our communities − Looking at the dimensions People and Planet beyond Profit has been integral to how we understand and embed sustainability across our business Environmental − Sustainable Performance is a ke
Slide 9: Evolution of sustainability concept: Development and milestones
Sustainability concept: Development and milestones Financing sustainable economic Evolution of development Embedding environmental and social responsibility scope Corporate social responsibility 2008 20102012 2014 2016 2018 Signatories/members of the ‒ 2013 Strengthening of the ‒ 2015 Signed Paris ‒
Slide 10: Governance structure
Governance structure Management Board Supervisory Board Regular updates Non-Financial Steering Group Co-Chaired by Head of Group Sustainability Council Group Reputational Risk Sustainability & Head of Group Chaired by Global Head of Committee Integrity Committee Financial Disclosure and Communicatio
Slide 11: Deep dive: Sustainability Council
Deep dive: Sustainability Council − Main advisory body to the Management Board on sustainability topics − Purpose: Propose Deutsche Bank’s strategic approach on policies, procedures, support of initiatives & Sustainability other actions on current and emerging sustainability topics (e.g. climate cha
Slide 12: Embedding environmental and social responsibility
Embedding environmental and social responsibility Deutsche Bank’s Environmental and Social (ES) Policy Framework Global Reputational Defines consistent standards for the identification, assessment and Risk Framework management of reputational risk matters General ES Risk provisions Details Deutsche
Slide 13: 2017/18 highlights
2017/18 highlights Deutsche Bank‘s Coal Policy strengthened − No new lending for greenfield thermal coal mines / power stations and since 2018 to related infrastructure Climate change − Gradually reduce our exposure to the thermal mining sector − Currently achieved reduction already well below our t
Slide 14: Managing climate change risk
Managing climate change risk Potential impact of climate-related risks on our business − Non-financial risks to our offices, staff, and processes in locations that may be affected by physical climate-related risk − Credit and market risks of exposures to counterparties and assets that could be impac
Slide 15: Agenda
Agenda 1 Strategy, targets and governance 2 Sustainability: Our approach 3 ESG in our business 4 Technology 5 Our staff 6 Appendix Deutsche Bank Viktoriya Borysova / Antje Stobbe Investor Relations 10 October 2018 14 10/10/2018 2010 DB Blue template
Slide 16: Promoting ESG research and awareness
Promoting ESG research and awareness Markets DWS Wealth Management Deutsche Carbon DWS ESG Engine α-DIG ESG in Company Research Alignment Framework CIO Insights and Research (DeCAF) ‒ Interactive data ‒ Concept integrating ‒ DeCAF helps our ‒ DWS ESG Engine is a ‒ The CIO Insights series provision t
Slide 17: Three ESG growth levers for CIB
Three ESG growth levers for CIB − Enabled clients to issue more than € 10 billion in USD 580m AUD 300m Supporting Apr 2018 Mar 2018 green bonds in 2017 corporates, Indonesia’s first ever Corporate Green Bond Inaugural SSA Kangaroo Social Bond − Expanding the market by providing access to governments
Slide 18: ESG in our Private & Commercial Bank
ESG in our Private & Commercial Bank Private Wealth Management Private and Commercial Bank Enhancing our Wealth Expanding our Advisory Product universe Discretionary solutions fund offering ESG campaign started increased − We already have a − Three-pronged − ESG campaign started − Increased product
Slide 19: DWS: Product range and worldwide activities
DWS: Product range and worldwide activities Active and Passive Sustainable Investments and Real Estate AuM € m per Vol. € m per Fund Launched / converted Fund Launched Sustainable Development Goals June 2018 June 2018 Deutsche ESG European Equities 2001 140 Africa Agriculture and DWS Stiftungsfonds
Slide 20: The DWS ESG-Engine
The DWS ESG-Engine ESG data Automated analysis of multiple ESG facets ESG solutions Products Screening for tobacco, defence ISS-Oekom etc. Dedicated ESG MSCI UN SDG Sustainable Development Goals Custom tailored ESG screens Sustainalytics Norms Human rights, business ethics etc. Active as well as Tru
Slide 21: Action Plan on Sustainable Finance: Deutsche Bank's position
Action Plan on Sustainable Finance: Deutsche Bank’s position Highlights ‒ The European Commission’s Action Plan on Sustainable Finance was published on 8 March 2018 with a focus on: reorienting capital flows towards sustainable investments a. b. managing financial risks stemming from climate change
Slide 22: Deutsche Bank: Achieving carbon neutrality
Deutsche Bank: Achieving carbon neutrality − We achieved our target to make our business operations carbon neutral by the end of 2012 − We maintained carbon neutrality for our operations in 2017 − Management Board approval in place to keep carbon neutrality in the future − Invested in energy efficie
Slide 23: Transparency
Transparency Non-financial reporting & Sustainability Ratings − In March 2018, Deutsche Bank published its first Non-Financial Report (NFR) − The NFR includes the bank‘s mandatory Non-Financial Statement and voluntary ESG related disclosures − Deutsche Bank is a core UN GRI supporter. The 2017 NFR i
Slide 24: Agenda
Agenda 1 Strategy, targets and governance 2 Sustainability: Our approach 3 ESG in our business 4 Technology 5 Our staff 6 Appendix Deutsche Bank Viktoriya Borysova / Antje Stobbe Investor Relations 10 October 2018 23 10/10/2018 2010 DB Blue template
Slide 25: Technology presents many opportunities to better serve our customers and markets
Technology presents many opportunities to better serve our customers and the markets we operate in − Embracing open banking to offer third party products via digital platforms − Operating industry leading technology platforms − Participating in consortia with banking and industry peers − Carrying ou
Slide 26: From research to development: Deutsche Bank's Innovation Network
From research to development: Deutsche Bank’s Innovation Network Research Development Innovation Labs Massachusetts Institute Plug and Play Digital Factory Frankfurt of Technology (MIT) Accelerator Frankfurt Labs Palo Alto Technology Centres Quartier Zukunft Berlin Factory Berlin Hackathons Buchares
Slide 27: Example: Cloud Computing
Example: Cloud Computing The aim is to move the majority of our applications to a cloud environment and away from expensive and inflexible physical servers Applications running in our cloud environment reduce cost as they share the underlying infrastructure and provide a consistent platform where co
Slide 28: Example: dbAPI and Open Banking
Example: dbAPI and Open Banking Open Banking (also known as API Banking) is the opening of our systems and solutions to third parties through structured and secure Application Programming Interfaces (APIs) This enables clients, partners, FinTechs, and even competitors to easily integrate with and bu
Slide 29: Example: Blockchain
Example: Blockchain Distributed Ledger Technology (DLT), also known as blockchain, has a potential to dramatically impact how much of business is done The ability to share records securely across a network, together with the capability for automatic execution of economic instructions offers great po
Slide 30: Examples: Machine Learning, Artificial Intelligence and Robotic Process Automation
Examples: Machine Learning, Artificial Intelligence and Robotic Process Automation Machine Learning (ML), Artificial Intelligence (AI) and Robotic Process Automation (RPA) offer significant opportunities for the bank. Use cases vary from improving client services to process automation and financial
Slide 31: Agenda
Agenda 1 Strategy, targets and governance 2 Sustainability: Our approach 3 ESG in our business 4 Technology 5 Our staff 6 Appendix Deutsche Bank Viktoriya Borysova / Antje Stobbe Investor Relations 10 October 2018 30 10/10/2018 2010 DB Blue template
Slide 32: Development of Deutsche Bank's employer brand
Development of Deutsche Bank’s employer brand − An employee value proposition is about defining the essence of your company – how it is unique and what it stands for − It encompasses the central reason that people are proud and motivated to work there, such as the inspiring vision or distinctive cul
Slide 33: Lifelong Learning: Prerequisite for continuous change
Lifelong Learning: Prerequisite for continuous change We are striving for the next evolution phase of digital learning − Our talent development strategy is about creating one clearly understandable offering for all employees and managers − Across the suite, face to face learning is complemented by j
Slide 34: Sustainable training approach: Reaching more employees at lower cost
Sustainable training approach: Reaching more employees at lower cost Training attendance Training expenses In ‘000 Training expenses per FTE (in €) Governance & Compliance Training expenses (in € m) Non-regulatory related trainings 1,388 92 1,177 77 74 907 1,131 920 935 770 760 703 204 242 257 2015
Slide 35: Internal Mobility: Career possibilities for employees
Internal Mobility: Career possibilities for employees Deutsche Bank Internal Mobility function − Enables internal sourcing and supports cross divisional mobility − Focuses on the enablers of an open and transparent jobs platform, while allowing for individual support of key talent − Retention patter
Slide 36: The future of work: How we are responding
The future of work: How we are responding GLOBALIZATION NEW BEHAVIOURS MOBILITY DEMOGRAPHIC SHIFTS TECHNOLOGY Millenials: New generation, new expectation Organisation of the future: built for speed, agility, transparency − Millenials will move from 40% of our workforce today to Moving from… Moving t
Slide 37: Employee experience: Diversity & Inclusion
Diversity & Inclusion: Creating an inclusive culture Embedding D&I sustainably across the organization Four overlapping and reinforcing perspectives Our approach − Assigning responsibility for more women in Deutsche Bank management positions to divisional Group management and monitoring accordingly
Slide 38: Diversity & Inclusion: Gender diversity
Diversity & Inclusion: Gender diversity Implementing German gender quota legislation at Working towards our voluntary Deutsche Bank Deutsche Bank AG Group goals to accelerate female leadership In % December 31, December 31, June 30, Ratio of women in management positions in % at year end 2017 status
Slide 39: Agenda
Agenda 1 Strategy, targets and governance 2 Sustainability: Our approach 3 ESG in our business 4 Technology 5 Our staff 6 Appendix Deutsche Bank Viktoriya Borysova / Antje Stobbe Investor Relations 10 October 2018 38 10/10/2018 2010 DB Blue template
Slide 40: DWS Responsible Investment Organization
DWS Responsible Investment Organization CIO for Responsible Investments Chief Investment Officer DWS Chief Investment Officer for Responsible Investments CIO Office for Responsible Investments ESG Thematic Research ESG Engine & Solutions Corporate Governance Sustainability Office Team Team Centre A
Slide 41: Deutsche Bank's CSR initiatives make a #PositiveImpact on >2 million lives every year
Deutsche Bank‘s CSR initiatives make a #PositiveImpact on >2 million lives every year Deutsche Bank Viktoriya Borysova / Antje Stobbe Investor Relations 10 October 2018 40 40
Slide 42: 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