Drone footage of Atlantic Forest in Brazil. Image by FG Trade
Can the power of the financial markets be harnessed to address environmental issues such as ocean conservation" LUX talks to Jörg Eigendorf, Head of Corporate Communications, Social Responsibility and Sustainability at Deutsche Bank, about the unique role banks can play to incentivise sustainable investment and consumption
DEUTSCHE BANK WEALTH MANAGEMENT x LUX
Jörg Eigendorf. Image by Mario Andreya / Deutsche Bank AG
LUX: Sustainability can be an empty word in business. How can you make it meaningful"

Jörg Eigendorf: Put simply, as a company we need to demonstrate that we are willing to integrate it in all parts of our value chain. This starts with our own operations. At Deutsche Bank we made a pledge in 2007 to become carbon-neutral and achieved that goal in 2012, but we have worked continually since then to cut our energy consumption ? as well as our usage of water, paper and other resources ? and this year we challenged ourselves to get all the electricity we use from renewable sources by 2025. But this is only the minor part: banks also have an additional responsibility, in that we facilitate other forms of business, which can themselves have a positive or negative impact on the world. This is where environmental, social and governance (ESG) principles and practices come into play. Follow LUX on Instagram: luxthemagazine
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