Printer Friendly

Deutsche Bank says on track for carbon-neutral business target.

Global Banking News-14 December 2009-Deutsche Bank says on track for carbon-neutral business target(C)2009 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 14 December 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

Germany-based Deutsche Bank (NYSE: DB) has said that its target of carbon-neutral business in 2012 is achievable.

The bank said that as much as 67 per cent of the electricity consumed by it comes from renewable energy sources and added that it has cut carbon emissions by 173,000 tonnes since 2007. It has set aside up to EUR22m until 2012 to offset unavoidable carbon emissions.

Deutsche Bank is trying to achieve completely carbon-neutral business operations by 2012.

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

((Distributed via M2 Communications - http://www.m2.com))

COPYRIGHT 2009 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Global Banking News (GBN)
Date:Dec 14, 2009
Words:136
Previous Article:JP Morgan contributes to food programme.
Next Article:Barclays says Christmas will see record spending.
Topics:


Related Articles
Deutsche Bank launches commodity fund.
CSR news: Deutsche keeps up momentum.
Deutsche Bank launches two UCITS III CROCI Carbon funds.
Deutsche Bank launches the first real-time carbon counter displaying greenhouse gases in atmosphere.
Deutsche Bank launches first carbon counter.
UBS lifts forecasts for Deutsche Bank.
Bank staff cut travel.

Terms of use | Privacy policy | Copyright © 2022 Farlex, Inc. | Feedback | For webmasters |