Sustainable Instruments

As part of our broader sustainability strategy, Deutsche Bank has developed a Sustainable Instruments Framework (the Framework), which establishes a single, robust methodology for the issuance of “use of proceeds”-based sustainable financing instruments, including Green Financing Instruments (including those carrying the designation as “European Green Bonds” or “EuGB”) and Social Financing Instruments.

Issuances in accordance with this Framework continue to form an integral part of Deutsche Bank’s broader Sustainable Finance strategy, reinforcing the commitment to mobilize capital towards sustainable and transition activities. The projects selected under this Framework are assessed and identified to be key elements of the Sustainable Finance efforts and are included in the green and social asset pool to promote financing with a measurable sustainability impact. More information on the bank’s Sustainable Finance strategy is available on the bank’s sustainable & transition finance website (https://www.db.com/what-we-do/responsibility/sustainability/sustainable-finance?language_id=1#!).

The Framework has been reviewed by Institutional Shareholder Services (ISS-Corporate). The results are documented in a Second Party Opinion (SPO) – available on this website - and confirm that the Framework meets the ICMA Green Bond Principles and ICMA Social Bond Principles at the time of its publication.

In January 2026, Deutsche Bank published its inaugural European Green Bond Factsheet (the Factsheet), together with a pre-issuance external review conducted by ISS-Corporate. The Factsheet is in full alignment with the European Green Bond Regulation ((EU) 2023/2631), enabling the issuance of European Green Bonds going forward.

Sustainable Instruments Framework

Annual reporting

Framework archive

Annual reporting archive

Second Party Opinion Archive