Deutsche Bank reported that its sustainable and transition financing volumes reached €32 billion (USD$35.6 billion) in the third quarter of 2026, increasing by 42% year-over-year, and marking the bank’s strongest quarter since the launch of its sustainability strategy in 2020.
For the first 9 months of the year, Deutsche Bank recorded sustainable and transition finance volumes of €84 billion (USD$93.5 billion), increasing by 25% over the same period last year, putting the bank on track to achieve its goal to achieve €900 billion by 2030, with a cumulative €555 billion achieved from 2020.
In a post commenting on the results, Deutsche Bank Chief Sustainability Officer Jörg Eigendorf highlighted several factors driving the growth in volumes, most notably a “profound transformation” in global energy markets, and tailwinds from the sustainable bond market.
Eigendorf added:
“As companies seek to strengthen competitiveness, manage energy costs and build resilience in an increasingly complex environment, they need financing, as our Q3 highlights show.”
The bank also highlighted the first-ever contribution of €7 billion of private client investments into equity securities of companies with particularly stringent sustainability criteria.
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. Deutsche Bank said that Transition Finance contributed €6.4 billion in Q3, up from €4.3 billion in the prior quarter.
By division, Deutsche Bank’s Investment Bank unit accounted for the largest portion of its sustainable and transition finance volumes year-to-date at €52.4 billion, up 12% over the prior year period, followed by €18.5 billion in the Private Bank unit, and €13.8 billion for Corporate Banking.
