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Deutsche Bank Releases New Framework to Classify Sustainable Finance and Investment

Deutsche Bank announced the release of a new Sustainable Finance Framework, outlining the methodologies and procedures, including the environmental and social criteria and categories, used by the bank to classify transactions and financial products as “sustainable.” According to a story in The Trade news, the new framework is the second to be released by Deutsche Bank, following the initial sustainable finance framework launched by the bank in July 2020, after the bank had committed earlier that year to a target to grow its sustainable financing and portfolio of ESG investments under management to over €200 billion by the end of 2025. The bank has since raised that goal several times, and is now targeting €500 billion of sustainable financing and investment volumes between 2020 and 2025.

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