Deutsche Bank Ag · XETR:DBK
Deutsche Bank — Non-Deal Roadshow (June 2011)
43 slides from Deutsche Bank's roadshow presentation, Jun 17, 2011
Slide 1: Sustainability at Deutsche Bank
Deutsche Bank Sustainability at Deutsche Bank Dr. Ottmar Kayser Dr Deputy Head Group Sustainability Dr. Wolfgang Schnorr Deputy Head Investor Relations Deutsche Bank Sustainability at Deutsche Bank Investor Relations 06/11 Dr. Schnorr, Dr. Kayser New York / Boston, 15 – 17 June 2011
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 06/11 Dr. Schnorr, Dr. Kayser
Slide 3: Key accomplishments in 2010
Key accomplishments in 2010 — Further implementation of our climate strategy — Further development of sustainable funds and thematic funds of DWS Investments and DB Advisors with a total of EUR 2.8 bn of invested assets at the end of 2010 — Selected as fund manager for the Global Climate Partnership
Slide 4: Governance of Deutsche Bank's sustainability management
Governance of Deutsche Bank’s sustainability management C tifi d under Certified d ISO 14001 Management Board Group Sustainability Environmental Group Sustainability Officer Group Reputational St i C Steering Committee itt Ri k C Risk Committee itt (ESC) (GRRC) Unit Sustainability Officers Business
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 Environmental — Code of Business Conduct and Ethics Sustainable Development aspects Sustainability — UN Declaration of Human Rightsg — Policies
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 Di i off esca
Slide 7: Credit Directives – core principles for our banking business
Credit Directives – core principles for our banking business D f Defence equipment i t “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 wi
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 Policy
DWS ESG Policy — DWS principles for engagement engagement, controversial investments and extended due diligence — Based on global norms, e.g. — UN Global Compact Principles — OECD Guidelines for Multinational Companies — Engagement process: g with company — Dialogue p y — Public dialogue — Possible
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 06/11 Dr. Schnorr, Dr. Kayser
Slide 11: Deutsche Bank's climate strategy
Deutsche Bank’s climate strategy Fi ld off activity Fields ti it within ithi our climate li t strategy t t E S G Financial Intermediary Eco Efficiency Manager Climate Ambassador — Green technology/renewables — Energy efficiency in buildings — Informing clients and the general public (website — Energ
Slide 12: Products to combat climate change
Products to combat climate change Description Results – Examples E S G Sustainability oriented funds Sustainability-oriented Invested assets of EUR 2 2.8 8 bn as of 31 Dec 2010 issued by DWS/DB Advisors — Institutional ESG strategies for equities, fixed income and multi asset — Institutional Climate
Slide 13: 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 519,000 tons of CO2 worldwide — y covering Primarily g emissions associated with energy gy use,, t
Slide 14: Greentowers – benchmark for future projects
Greentowers – benchmark for future projects E S G In the course of Europe’s Europe s most comprehensive reconstruction project project, Deutsche Bank’s Bank s towers in Frankfurt, Germany, are one of the most environmentally friendly high-rise buildings in the world. CO2 emissions reduction: LEED Ce
Slide 15: 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 14 Investor Relations 06/11 Dr. Schnorr, Dr. Kayser
Slide 16: 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 102.1(1) year's end Middle East, Africa) Americas 80.5 Germany 78.3 77.1 68.8 19 21 17 11 17 15 23 28 29 48 35 36 2006 200
Slide 17: 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 excluding Deutsche Postbank In % at year's end Other school degrees excluding Deutsche Postbank High school certificate Up to 24 25–34 35–44 45–54 Over 54 University degree 5.0 5.4 5.8 64.0
Slide 18: Deutsche Bank as an employer
Deutsche Bank as an employer E S G Employees leaving the Training g expenses p Apprenticeship pp ppprograms g bank for a new jjob In EUR m In EUR m In % 114 7.3 6.6 95 86 41 41 41 4.8 2008 2009 2010 2008 2009 2010 2008 2009 2010 Note: Without Deutsche Postbank Deutsche Bank Sustainability at Deutsch
Slide 19: Employee commitment
Employee commitment E S G Deutsche Bank’s 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 74* 72 71 70 68 68 68
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 44.5 44.3 women every year from all business units and 43.8 regions i tto groom suitable it bl candidates did t ffor th
Slide 21: 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 g g Sustainability y & ESG issues at Deutsche Bank Dec 09 General Module: Reputational/ESG Risks 2011
Slide 22: Corporate citizenship – how we spend our money
Corporate citizenship – how we spend our money E S G Total investment worldwide, in EUR m 82.3 81.1 98.1 2008 2009 2010 Investment by region (2010) Investment by area of activity (2009) 7% 4% 10% 22% 38% 11% 50% 22% 36% Germany Americas United Kingdom Social investments Education Asia Pacific EMEA A
Slide 23: 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 22 Investor Relations 06/11 Dr. Schnorr, Dr. Kayser
Slide 24: 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 25: 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 26: Compensation update
Compensation update E S G — German Institutsvergütungsverordnung (InstVergV) 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, ex
Slide 27: Improvements were made to the existing global reward governance structure
Improvements were made to the existing global reward governance structure (overview) ( i ) 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 basis. Core process
Slide 28: 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 29: 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 , Oekom Research(3) Rating: C+. Position: Prime (Rank 7 out of 79 financ
Slide 30: Additional information
Deutsche Bank Additional information Deutsche Bank Roadshow Sustainability at Deutsche Bank Investor Relations 06/11 Dr. Schnorr, Dr. Kayser New York / Boston Boston,, 15 – 17 June 2011
Slide 31: Governance structure
Governance structure M Management t Board B d and dGGroup Executive E ti Committee C itt Dr. Josef Ackermann Chairman of the Management Board and the GEC Dr Hugo Bänziger Dr. Stefan Krause Hermann-Josef Hermann Josef CRO CFO Lamberti COO Jürgen Fitschen Anshu Jain Rainer Neske Regions Corporate and
Slide 32: 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 Management consultant, KGE Asset Management Consulting Ltd., London Katherine Garrett-Cox Chief Executive Officer, Alliance Tr
Slide 33: Environmental Steering Committee and Climate Change Advisory Board
Environmental Steering Committee and Climate Change Ad i Advisory B Board d E S G Environmental Steering Members: Corporate & Investment Bank, Asset Management, Private Wealth C Committee i Chair: Ch i M Management, Pi Private &BBusiness i Cli Clients, C Communications, i i C Compliance, li C Corpor
Slide 34: 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 ro nd the orld flight of a manned solar aircraft — Without using any fuel or emitting any pollutants, it will take of
Slide 35: 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 36: 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 Bank s Code of Conduct requires to maintain equal opportunities by n
Slide 37: Operational environmental protection - our targets
Operational environmental protection - our targets E S G Aspect p Goal Resources — Carbon neutrality from 2013 onwards — Continuous increase of the renewable energy component (2010: 70 %) — Reduction of water use by a total of 100 million liters (2009/2010) — Reduction of energy consumption by a tot
Slide 38: Renewable Energy projects in our Asset Finance & Leasing business (I)
Renewable Energy projects in our Asset Finance & L Leasing i b business i (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
Slide 39: Renewable Energy projects in our Asset Finance & Leasing business (II)
Renewable Energy projects in our Asset Finance & L Leasing i b business i (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 1
Slide 40: 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 p by — Trans-Mediterranean Renewable y 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
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 D Dow J Jones STOXX 2001 2006 Sustainability Indices (since Ethical Index Global Tradable esta
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 forward-looking looking statements. Forward Forward-looking 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 b