Deutsche Bank Ag · XETR:DBK
Deutsche Bank — Non-Deal Roadshow (June 2009)
45 slides from Deutsche Bank's roadshow presentation, Jun 16, 2009
Slide 1: Corporate Responsibility at Deutsche Bank
Corporate Responsibility at Deutsche Bank Hanns Michael Hölz, Group Sustainability Officer S Suzanne Rice, Ri S i Investor Senior I t Relations R l ti Officer Offi Dr. Julia Warth, Senior Investor Relations Officer U.S. East Coast and Canada, 11-16 June 2009
Slide 2: Agenda
Agenda 1 Core aspects of our sustainability strategy 2 E i Environmental t l aspects t 3 Social aspects 4 Governance aspects 5 Results and targets Investor Relations 06/09 · 2
Slide 3: Sustainability – How we do our business (I)
Sustainability – How we do our business (I) Part of Deutsche Bank’s responsibility is to earn money in the most responsible way possible and to avoid negative externalities from operations Deutsche Bank is committed to the principles of sustainability (harmonizing economy, ecology and society)
Slide 4: Sustainability – How we do our business (II)
Sustainability – How we do our business (II) E – Ecology – Deutsche Bank is heading to become the leading „Green Bank“ – Deutsche Bank aims to be carbon neutral by the end of 2012 S – Social – Deutsche Bank is one of the pioneers in the field of microfinance – Comprehensive training and educatio
Slide 5: Management of sustainability within Deutsche Bank
Management of sustainability within Deutsche Bank Sustainability strategy Analysis of ecological 1. 2. and social impact Ongoing Monitoring and corrective measures 6. 3. Organization Specialist bodies committees Performance indicator Audits Improvement Management review (TQM) 5. 4. Implement
Slide 6: Sustainability Management System (SMS) – governance and functions
Sustainability Management System (SMS) – governance and functions Management Board Responsibility for Sustainability Topics Environmental C Corporate t CCenter t Group Steering Reputational Committee Group Sustainability Risk Committee Group Sustainability Officer for the Sustainability Management S
Slide 7: Co-ownership of external and internal guidelines by SMS
Co-ownership of external and internal guidelines by SMS External commitments Internal guidelines UN Global Compact Corporate Governance / Human Resources UNEP-FI Declaration of Code of Conduct – Code of Ethics Sustainable Development Ecological g Sustainability y Policies and standards aspec
Slide 8: 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 Red Light Area Area“ „Deutsche Bank
Slide 9: Reputational risk escalation
Reputational risk escalation In 2008 Deutsche Bank's reputational risk management, identification of reputational risks from new products, transactions and clients as well as communication were audited by KPMG. The audit did not show any complaints. Group Reputational Risk Committee Regular Meetings
Slide 10: Sustainable products
Sustainable products Sustainable ESG mutual funds for product line retail clients for institutional investors Asset Asset Manage- DWS DeAM Management ment based based on on Private Emissions t i bl sustainable Global t di trading sustain- Wealth investment Commo- able Mgmt dities investment Micro- A
Slide 11: Agenda
Agenda 1 Core aspects of our sustainability strategy 2 E i Environmental t l aspects t 3 Social aspects 4 Governance aspects 5 Results and targets Investor Relations 06/09 · 11
Slide 12: Deutsche Bank's climate strategy
environmental aspects Deutsche Bank‘s Bank s climate strategy Overall Mission Statement Deutsche Bank recognizes the responsibility to act on climate change and we help our stakeholders to take action – in an integrated approach across our business. We consider our climate strategy as an essential p
Slide 13: Carbon neutral by end of 2012
environmental aspects Carbon neutral by end of 2012 Timeline Reduction of global carbon footprint by 20 percentage points over the next five years (“Base year” 2007) Inventory Approximately 460 460,000 000 tons CO2 worldwide Primarily covering emissions associated with energy use, travel, and
Slide 14: Climate change related projects and initiatives
environmental aspects Climate change related projects and initiatives Description Focus In-house Ecology Lighthouse Project Identifying and limiting environmental risks Climate-sound renovation of the Responsible deployment of natural resources, waste disposal, Deutsche Bank headquarter towers m
Slide 15: Products to combat climate change
environmental aspects Products to combat climate change Description Results - Examples Asset management on the basis of Sustainability aspects and ethical restrictions set out individually sustainable investment funds by PWM by the investor can be taken into account Sustainability-oriented funds
Slide 16: Greentowers
environmental aspects Greentowers Transition of Deutsche Bank office towers in Frankfurt,, Germanyy into a "green g building". g Our aim is to set benchmarks for future projects - based on sustainable improvements. CO2 emissions reduction: LEED Certificate 55 % We want to achieve the world-wide Heat
Slide 17: Operational environmental protection - our targets
environmental aspects Operational environmental protection - our targets Commodities Increase of the renewable energy component Carbon-neutral by end of 2012 in the global energy mix Further increase of direct purchase of power from renewable energies (2008: 48 % worldwide) Technology Steady
Slide 18: Agenda
Agenda 1 Core aspects of our sustainability strategy 2 E i Environmental t l aspects t 3 Social aspects 4 Governance aspects 5 Results and targets Investor Relations 06/09 · 18
Slide 19: Corporate citizenship – how we spend our money
social aspects Corporate citizenship – how we spend our money Total investment worldwide (in EUR m) Investment per employee (in EUR) 2006 2007 2008 2006 2007 2008 85.2 82.2 82.3 1296 1121 1011 Investment by region (2008) Investment by area of activity (2008) Investor Relations 06/09 · 19
Slide 20: Microcredits – from philanthropy to the business case
social aspects Microcredits – from philanthropy to the business case Via Deutsche Bank approximately USD 165 m have been channeled to more than 100 microfinance institutions in more than 41 countries in the past twelve years. Result: aggregate loan volume of USD 1 bn has been granted to 2.2 million
Slide 21: Deutsche Bank Americas Foundation
social aspects Deutsche Bank Americas Foundation In 2008 the Deutsche Bank Americas Foundation committed more than USD 20 m in charitable support of community development, education, and the arts The bank’s Teachers as Leaders Program has invested USD 1 m in the development of African American m
Slide 22: Deutsche Bank as an employer
social aspects Deutsche Bank as an employer Regional deployment of staff Performance figures 80,456 at year’s end 2008* 2006 2007 2008 Employee Commitment 68 71 74 Index Number of employees 68.8 78.3 80.5 (in thousands at year‘s end*) Training 130 129 127 (expenses in EUR million) Apprenticeship pro
Slide 23: Qualification and training
social aspects Qualification and training Qualification of our employees Number of participants and training days In % In thousands * Multiple counting of staff who took part in two or more seminars Investor Relations 06/09 · 23
Slide 24: Establishing the sustainability e-learning tool
social aspects Establishing the sustainability e-learning tool Sustainability and Deutsche Bank Introduction: Basic awareness of sustainability, meaning for Deutsche Bank, areas of action, role of the financial sector, climate change, reputation, ESG risks Asset Private Private & Corporate Infrastru
Slide 25: Agenda
Agenda 1 Core aspects of our sustainability strategy 2 E i Environmental t l aspects t 3 Social aspects 4 Governance aspects 5 Results and targets Investor Relations 06/09 · 25
Slide 26: Function of the Supervisory Board and Management Board
Governance aspects Function of the Supervisory Board and Management Board Supervisory Board The Supervisory Board appoints the members of the Management (20 members) Board, and together with the Management Board, draws up its long-term succession plans Chairman‘s Committee Adopts resolutions on
Slide 27: Effective corporate governance - part of our identity
Governance aspects Effective corporate governance - part of our identity Deutsche Bank acts in conformityy with all recommendations of the German Corporate Governance Code with only one exception (D&O liability insurance policy without a deductible) Deutsche Bank complies with the requirements f
Slide 28: Corporate governance in accordance with high international standards…
Governance aspects Corporate governance in accordance with high international standards… 2001 2002 2003 2006 Changes of the German Corporate Governance Code have been implemented by DB with immediate effect Investor Relations 06/09 · 28
Slide 29: … and implemented by internal principles
Governance aspects … and implemented by internal principles Investor Relations 06/09 · 29
Slide 30: The key functions of Deutsche Bank's compliance processes
Governance aspects The key functions of Deutsche Bank‘s Bank s compliance processes 700 Compliance p staff worldwide Rising compliance education Providing advisory support to business on 250000 applicable laws, rules and regulations 230,946 Codifying C dif i andd communicating i i global l b l a
Slide 31: Agenda
Agenda 1 Core aspects of our sustainability strategy 2 E i Environmental t l aspects t 3 Social aspects 4 Governance aspects 5 Results and targets Investor Relations 06/09 · 31
Slide 32: Results of sustainability ratings
Results of sustainability ratings SAM Sustainalytics (former SiRi/scoris) 85 84 79 78 Rating of 94 banks 80 67 71 69 73 worldwide. Deutsche Bank 70 64 60 58 is among the top 10%. 60 49 48 50 44 45 40 35 Source: SAM Research 30 Inc., Sep 2008 20 10 NR 0 Business Community Corporate Customers Employee
Slide 33: Listing of Deutsche Bank in the following indices
Listing of Deutsche Bank in the following indices Indices Listed since Indices Listed since ASPI Index 2001 Ethical Index Euro 2002 (since establishment Ethical Index Global of the index) Dow Jones STOXX 2001 Ethical Index Euro Tradable 2006 Sustainability Indices (since establishment of the index)
Slide 34: Targets sustainability oriented products and services
Targets sustainability oriented products and services Sustainability oriented mutual Sustainability–oriented Private Wealth Clients Microfinance funds for retail clients (DWS) Expansion of discretionary Increasing the volume of Further development of management solutions based sustainability m
Slide 35: Investor Contacts
Investor Contacts Hanns Michael Managing Director +49 69 910 34544 Group Hölz Group Sustainability hanns-michael.hoelz@db.com Sustainability Officer Suzanne Rice Director U.S. and +1 212 250 7125 Canada Investors suzanne.rice@db.com Investor Relations Dr. Julia Warth Vice President +49 69 910 34537
Slide 36: Additional information
financial transparency. Additional information Roadshow A Passion to Perform. Deutsche Bank
Slide 37: Supervisory Board
Supervisory Board Member Principal p Occupation p Dr. Clemens Börsig Chairman of the Supervisory Board Dr. Karl-Gerhard Eick Chairman of the Management Board of Arcandor AG Sir Peter Job Other directorships: Non-executive Director of Royal Dutch Shell plc and Non-executive Director of Schroders plc.
Slide 38: Governance structure
Governance structure Management Board and Group Executive Committee Management Board Dr. Josef Ackermann Infrastructure functions Chairman of the Regions Management Board CIB and the GEC PCAM Hermann-Josef Dr. Hugo Bänziger Stefan Krause Lamberti CRO CFO COO Rainer Neske Jürgen Fitschen Michael Cohr
Slide 39: Global governance – our partnerships
Global governance – our partnerships Organization / Institution The role of Deutsche Bank UN Global Compact Original signatory UN initiated code of conduct for corporates: Principles regarding human Hanns Michael Hölz: rights, labour, environment and anti-corruption Member of Kofi Annan’s Advisory C
Slide 40: Members of the Environmental Steering Committee
Members of the Environmental Steering Committee Chair Caio Koch-Weser Office of Chairman Dr Sabine Miltner Business Members Brett Olsher Charles Bryant Global Banking Dr Thomas Rueschen Daniel Marovitz (GTB) Kevin Rodgers Global Markets Martin Lawless Mark-C. Lewis Tom Curtis Asset Management Mark F
Slide 41: Composition of the Climate Change Advisory Board
Composition of the Climate Change Advisory Board Caio Koch-Weser Vice Chairman of Deutsche Bank Group Dr Sabine Miltner Office of Chairman Members Title Lord Browne Managing Director and Managing Partner (Europe), Riverstone Holdings LLC and former CEO of BP John Coomber Member of the Board of Direc
Slide 42: Environmental data: Assessed and verified
Environmental data: Assessed and verified 2008 2007 2006 Energy consumption (GJ) Germany 1.264.883 1.373.342 1.454.437 incl. electricity from renewable sources 656.874 147.444 148.678 New York, 60 Wall Street 308.756 310.224 291.261 United Kingdom 700 352 700.352 580 374 580.374 527 810 527.810 Incl
Slide 43: Asset Finance Leasing: Selected tombstones
Asset Finance Leasing: Selected tombstones Solar Solar Parks of Extremadura, S.L., Spain SOLARIS Euro 250 million 200 private & corporate investors EUR 65 Million Capacity 30 MW introduced and covered by DB PWM Spain Capacity 8.3MW EUR 218 Million Project development Funding F di off
Slide 44: Deutsche Bank Mission Statement on Sustainability
Deutsche Bank Mission Statement on Sustainability – basic principles for decisions within the Group We believe sustainability means future viability with the aim of ensuring future generations enjoy a healthy environment as well as stable economic and social conditions. We are committed to this gu
Slide 45: Cautionary statements
Cautionary statements Unless otherwise indicated, the financial information provided herein has been prepared under International Financial R Reporting ti Standards St d d (IFRS). (IFRS) This presentation contains forward-looking statements. Forward-looking statements are statements that are not his