Deutsche Bank has reported its most robust sustainable finance quarter in four years for Q2 2025, according to its latest quarterly results released on Thursday. The bank achieved over €28 billion (USD$33 billion) in sustainable finance and investment volumes, marking its highest quarterly performance since 2021.
In a statement regarding the results, Deutsche Bank’s Chief Sustainability Officer, Jörg Eigendorf, remarked, “Sustainability deprioritized? Well, see what our clients are doing!”
These results bring Deutsche Bank closer to its ambitious goal, set at the start of 2023, to achieve €500 billion in sustainable financing and investment volumes between 2020 and 2025. However, to meet this target, the bank will need to surpass its performance in the latter half of the year. By the end of Q2, Deutsche Bank’s cumulative sustainable finance and investment volumes since 2020 reached €417 billion, an increase from €373 billion at the end of 2024.
The bank’s strong progress this quarter was bolstered by its involvement in several notable sustainable finance deals. These include acting as Joint Lead Manager for a €1 billion sustainability-linked bond (SLB) offering for the Republic of Slovenia, the first SLB from a European Sovereign, and a €750 billion green bond offering by energy company Iberdrola, the first by a Spanish company under the new European Green Bond (EuGB) standard.
Deutsche Bank’s investment banking division has been the primary driver towards its sustainable finance objectives, contributing €253 billion in sustainable financing, capital market issuance, and market-making since 2020. This includes €17 billion in the latest quarter. The corporate bank followed with €81 billion to date and €7 billion in Q2, while the private bank recorded €74 billion since 2020, with €5 billion in the quarter.
Eigendorf further commented, “All of this demonstrates: our clients, whether corporate, institutional, or private, want solutions to finance the transition of the energy infrastructure and link their performance to sustainability indicators. It has become a normal part of doing business and prudent risk management – as it has become for us.”
