Deutsche Bank AG-Registered is a German multinational investment bank and financial services company headquartered in Frankfurt. The company operates in the Diversified Banks sector and has a global presence with offices and operations in over 60 countries. Deutsche Bank is one of the largest banks in the world and offers a range of financial services including investment banking, corporate banking, asset management, and wealth management.

In recent years, Deutsche Bank has been actively involved in the decarbonisation of the global economy. The company has set ambitious targets to reduce its carbon footprint and support the transition to a low-carbon economy. In 2020, Deutsche Bank announced its commitment to become a net-zero bank by 2050. The bank has also set short-term targets to reduce its operational emissions by 50% by 2025 and increase its renewable energy sourcing to 100% by 2025.

To achieve these targets, Deutsche Bank has implemented a range of initiatives focused on reducing its energy consumption and increasing the use of renewable energy. The bank has invested in energy-efficient technologies and has implemented energy-saving measures across its global operations. In addition, Deutsche Bank has entered into corporate power purchase agreements (PPAs) with renewable energy providers to source a significant portion of its energy needs from renewable sources.

Corporate PPAs are long-term contracts between a corporate buyer and a renewable energy provider, which guarantee the buyer a fixed price for renewable energy over a specified period. By entering into corporate PPAs, Deutsche Bank is able to secure a reliable and cost-effective source of renewable energy while supporting the growth of the renewable energy sector. In 2020, Deutsche Bank signed a 25-year PPA with a wind farm in Norway, which will provide the bank with 100% renewable energy for its operations in Norway.

Deutsche Bank has also been actively involved in financing renewable energy projects. The bank has provided financing for a range of renewable energy projects including wind farms, solar power plants, and hydroelectric projects. In 2020, Deutsche Bank provided financing for a 200MW solar project in Spain, which is expected to generate enough energy to power over 100,000 homes.

In addition to its efforts to decarbonise its own operations and support the growth of the renewable energy sector, Deutsche Bank has also been involved in supporting corporate energy decarbonisation efforts. The bank has provided financing and advisory services to corporate clients looking to reduce their carbon footprint and transition to renewable energy. Deutsche Bank has also been involved in the development of innovative financing structures such as green bonds and sustainability-linked loans, which are designed to incentivise companies to improve their environmental performance.

Overall, Deutsche Bank is a leading player in the global effort to decarbonise the economy and transition to a low-carbon future. The bank's commitment to becoming a net-zero bank by 2050 and its short-term targets to reduce its operational emissions and increase its renewable energy sourcing demonstrate its strong commitment to sustainability. Through its investments in energy-efficient technologies, corporate PPAs, and financing of renewable energy projects, Deutsche Bank is playing an important role in supporting the growth of the renewable energy sector and driving the transition to a low-carbon economy.