Submitted by: CorporateRegister.com Limited
Posted: Dec 14, 2007 – 08:15 AM EST
Dec. 14 /CSRwire/ - December 14, 2007 - Corporate responsibility is an important component of Commerzbank’s corporate culture, operative banking business and internal work processes. The bank's second comprehensive CR-report published in December 2007 can be downloaded via http://www.reportalert.info/ra/Commerzbank141207.htm.It documents detailed information about the bank’s activities and achievements regarding sustainability and corporate responsibility. Hard copies can be ordered by sending an e-mail to the contact on http://www.reportalert.info/ra/Commerzbank141207.htm
The report documents the bank's activities and achievements referring to four fields of action:
Commerzbank's economic corporate responsibility actions cover a broad range of activities and products that anchor the principle of sustainability in the bank's core business. Funding renewable energy projects since the 80s has led to the Commerzbank becoming one of the leading European banks in this field.
Modern building management to ensure optimum use of resources and systematic reduction of CO2 emissions is at the centre of the bank's environmental commitment. This includes regular staff activities such as participation in energy saving initiatives.
Motivated and committed staff are of vital importance for a financial service provider. Commerzbank supports its staff by providing flexible working opportunities, company pension and childcare programmes. A number of activities such as staff networks and equal opportunity programmes focus on diversity in the workplace.
The Commerzbank Foundation, established in 1970, focuses on supporting selected institutions and initiatives in the areas of education and research, art and culture, as well as social programmes.
Commerzbank is the second largest commercial bank in Germany. Its 36,000 employees, 8,700 of whom work outside Germany, service almost 8 million customers. The Commerzbank Group consists of numerous subsidiaries in Germany and abroad. The bank considers itself a competent provider of financial services for discerning private clients in Germany and the partner of choice for innovative relationship banking services for German SMEs, major companies and institutions in Europe, and multinational companies around the globe.
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