Deutsche Bank Reports Strongest Sustainable Finance Quarter in Over 4 Years

Deutsche Bank reported that its sustainable and transition financing volumes reached €31 billion (USD$35.5 billion) in the second quarter of 2026, increasing by 11% over Q2 2025, and marking the bank’s strongest sustainable finance quarter since late 2021, as well as the second strongest since the launch of its sustainability strategy in 2020.

For the first half of the year, sustainable and transition finance volumes were €52 billion (USD$59.6 billion), increasing by 18% over the same period last year, putting the bank on track to achieve its goal to achieve €900 billion by 2030, with a cumulative €523 billion achieved from 2020.

The results for the first half of 2026, marks continued momentum for Deutsche Bank’s sustainable finance business, after the bank reported a rebound in volumes in 2025, noting at the time “renewed demand from our clients.”

In a post commenting on the Q2 results, Deutsche Bank’s Chief Sustainability Officer, Jörg Eigendorf, said:

“While quarterly volumes will naturally fluctuate with market conditions and client activity, the underlying trend remains strong: our clients continue to be committed to and invest in their long-term transition, making their contribution to a less carbon-intensive economy.”

Eigendorf’s post also noted “a significant market recovery of our ESG assets under management and strong inflows.”

The results follow the launch by Deutsche Bank in late 2025 of a series of updates to its sustainability strategy, including expanding the strategy to target opportunities for funding net zero transitions in hard to abate sectors, alongside the release of a Transition Finance framework defining its rules and parameters for transition finance transactions, and the introduction of a target to facilitate €900 billion sustainable finance, ESG investments, and transition finance between 2020 and the end of 2030.

By division, Deutsche Bank’s Investment Bank unit accounted for the largest portion of its sustainable and transition finance volumes at €36.3 billion for H1, up by 25% over the prior year period, while Private Bank saw the strongest growth in volumes, increasing 71% in H1 to €9.7 billion, and Corporate Bank pulled back by 43% to €5.9 billion.