Deutsche Bank Non-Financial Report 2017

Our Non-Financial Report provides a comprehensive disclosure of our material topics for our non-financial performance. Information on financial data is available in our Annual Report 2017. Disclosures included in the report were selected based on a materiality analysis conducted in previous years. Information on in-house ecology as well as information regarding Corporate Social Responsibility activities are not material based on the materiality assessment.

In order to give a better overview, the Non-Financial Report 2017 has been prepared in accordance with the GRI Standards: Core option, including the specific Sector Disclosures for the financial service sector. Information can either be found on the referenced pages in the report, via links or directly in this table. The information outside the Non-Financial Report, e. g. the HR Report are not part of the external limited assurance.

Furthermore, the Non-Financial Report also serves as our Communication on Progress for the United Nations Global Compact (UNGC), references are made in the index as well. By participating in the UNGC, we have committed ourselves to preserving internationally recognized human rights, creating socially acceptable working conditions, protecting the environment, and fighting corruption.

GRI 100: Universal Standards

Organization profile
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
102-1	Name of the organization	Deutsche Bank Group
102-2	Activities, brands, products, and services	AR – Deutsche Bank Group
102-3	Location of headquarters	Frankfurt/Main, Germany
102-4	Location of operations	Deutsche Bank is the leading bank in our home market Germany. As a global, universal bank, Deutsche Bank holds a strong position in Europe and has a significant presence in the Americas and Asia Pacific, operating in 70 countries around the globe. Corporate Website – Locations worldwide
102-5	Ownership and legal form	Deutsche Bank Aktiengesellschaft AR – Deutsche Bank share and bonds
102-6	Markets served	We operate in 70 countries around the globe with a strong position in Europe and significant presence in the Americas and Asia Pacific. As a global, universal bank we maintain client relationships across all industries. We provide commercial and investment banking, retail banking, transaction banking, and asset and wealth management products and services to corporations, governments, institutional investors such as insurers, pension funds and foundations, small and medium-sized businesses, and private individuals.
102-7	Scale of the organization	Key employee figures AR – Group at a Glance AR – Consolidated Financial Statement 40 - Structured Entities
102-8	Information on employees and other workers	Key employee figures AR – Employees	SDG 8	6
102-9	Supply chain	Human Rights In 2017, Deutsche Bank began to fundamentally revise its certification process for suppliers and service providers. In this revised process, more far-reaching environmental and social minimum standards will be applied. Until the revised certification process is fully implemented in 2018, we want to ensure that the suppliers and service providers we already work with meet the new minimum standards. In 2017, 123 of those who meet the country-specific and industry-specific criteria of our risk-based approach were already subjected to an extensive review. We found that they all have adequate policies and processes in place. The review of existing suppliers and service providers will continue in 2018. Approximately 300 other existing suppliers and service providers that meet the criteria for a necessary review still have to be analysed.
102-10	Significant changes to the organization and its supply chain	Restructuring/Works Councils in Germany AR – Deutsche Bank share and bonds
102-11	Precautionary Principle or approach	Deutsche Bank follows a precautionary approach to environmental and social risk management, striving to anticipate, mitigate, and avoid environmental and social risks related to our financial services. Furthermore, Deutsche Bank is a signatory of the UNGC, whose principle 7 addresses the precautionary approach to environmental challenges. Product Suitability and Appropriateness Environmental and Social Issues
102-12	External initiatives	We engage with international and national organizations, initiatives, and sustainability fora. The insights we gain through cooperation and dialog inform our sustainability approach. In addition, our policies and guidelines reflect the formal commitments we make to internationally recognized standards and principles. Memberships and formal commitments The formal commitments we make and memberships and partnerships we hold include, but are not limited to: Common Fund for Commodities (CFC) Energy Efficiency Financial Institutions Group (EEFIG) Institutional Investments Group on Climate Change (IIGCC) Investor Network on Climate Risk (INCR) Soft Commodities Compact of the Banking Environment Initiative (BEI) & Consumer Goods Forum (CGF) Principles for Responsible Investment (PRI) UK Sustainable Investment and Finance Association (UKSIF) UNEP Finance Initiative (UNEP FI) UN Global Compact
102-13	Membership of associations	Corporate Website – Memberships

Strategy
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
102-14	Statement from senior decision-maker	About Deutsche Bank
102-15	Key impacts, risks, and opportunities	Our Business Environment Corporate and Investment Bank/Launching a Variety of ESG Investment Products Corporate and Investment Bank/Financing a Low Carbon Economy Deutsche Asset Management Digitization and Innovation Environmental and Social Issues Climate Risk Information Security

Ethics and integrity
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
102-16	Values, principles, standards, and norms of behavior	Our Values and Beliefs guide our behavior. They help us to conduct business with the utmost integrity, to create long-term value for our shareholders and to nurture the best talent. We maintain an unwavering focus on serving our clients effectively. At the same time, we work to constantly improve our processes and encourage accountability and entrepreneurial drive. Approach to Sustainability Culture and Conduct/Definition and Goals		10
102-17	Mechanisms for advice and concerns about ethics	Complaint Management Anti-Financial Crime Combating bribery and corruption Environmental and Social issues Human Rights Information security/Engaging Stakeholders		10

Governance
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
102-18	Governance structure	The Management Board is responsible for managing the company. Its members are jointly accountable for the management of the company. The Management Board has, as its prime responsibility, the Group's strategic management, resource allocation, financial accounting and reporting, risk management, and corporate control. It has twelve members with John Cryan as CEO. The Supervisory Board of Deutsche Bank AG appoints, supervises and advises the Management Board and is directly involved in decisions of fundamental importance to the bank. It works closely with the Management Board in a cooperative relationship of trust and for the benefit of the company. The Supervisory Board decides on the appointment and dismissal of members of the Management Board including long-term succession planning for the Management Board based on the recommendations of the Chairman’s Committee while taking into account the recommendations of the Nomination Committee. Corporate Website – Corporate Governance Non-Financial Report 2017 Approach to Sustainability Deutsche Asset Management Environmental and Social Issues AR – Corporate Governance Statement
102-20	Executive-level responsibility for economic, environmental, and social topics	Approach to Sustainability The head of Group Sustainability is directly reporting to the head of Communications & CSR, who is reporting to the Management Board. The CFO is responsible for non-financial reporting. Deutsche Asset Management/Governance and Transparency
102-21	Consulting stakeholders on economic, environmental, and social topics	Our Stakeholders Topics Covered in This Report Corporate & Investment Bank Private & Commercial Bank/PCC Germany, PCC International and Postbank Deutsche Asset Management/Corporate Governance Environmental and Social Issues Human rights/Monitoring progress People Strategy
102-22	Composition of the highest governance body and its committees	The Supervisory Board of Deutsche Bank AG has 20 members. In accordance with the German Co-Determination Act (Mitbestimmungsgesetz), it comprises an equal number of shareholder representatives and employee representatives. The Supervisory Board has established the following seven standing committees: Chairman's Committee Nomination Committee Audit Committee Risk Committee Compensation Control Committee Integrity Committee (is handling environmental and social issues) Mediation Committee	SDG 5
102-23	Chair of the highest governance body	Chairman of the Supervisory Board of Deutsche Bank Aktiengesellschaft is Dr. Paul Achleitner, who is not an executive at Deutsche Bank AG. AR – Corporate Governance Statement
102-24	Nominating and selecting the highest governance body	Corporate Website – Download – Supervisory Board – Terms of Reference Corporate Website – Download – Management Board/Terms of Reference	SDG 5
102-25	Conflicts of interest	AR – Corporate Governance Statement/Conflict of interests
102-26	Role of highest governance body in setting purpose, values, and strategy	The Integrity Committee is handling environmental and social issues, and regularly reviews the Bank’s Code of Business Conduct and Ethics. Corporate Website – Committees
102-29	Identifying and managing economic, environmental, and social impacts	Environmental and Social (ES) Risk Policy Framework a) The Group Reputational Risk Committee (GRRC) is responsible for ensuring the oversight, governance, and coordination of the management of reputational risk at DB on behalf of the Management Board. b) Internal experts are consulted to make informed decisions. Due to the sensitivity of client information, no external consulation is sought.
102-31	Review of economic, environmental, and social topics	Issue Escalation
102-32	Highest governance body’s role in sustainability reporting	The Non-Financial Report Steering Group has reviewed and pre-approved the contents of the report. The CFO Disclosure Review meeting chaired by the CFO approves the Non-Financial Report. The final responsibility lies with the board of directors. The Supervisory Board reviews the content of the NFReport.
102-35	Remuneration policies	Remuneration and Benefits/Compensation framework AR – Compensation report
102-36	Process for determining remuneration	AR – Compensation report
102-38	Annual total compensation ratio	AR – Group at a Glance

Stakeholder engagement
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
102-40	List of stakeholder groups	Our Stakeholders
102-41	Collective bargaining agreements	Compensation framework Works council in Germany AR – Labour Relations	SDG 8	3
102-42	Identifying and selecting stakeholders	Our Stakeholders AR – Stakeholder Dialogue
102-43	Approach to stakeholder engagement	Deutsche Bank has a threefold approach to engage its stakeholders: 1) own initiatives and activities; 2) participation in forums, events, and working groups; and 3) exchange with critical stakeholders on ad-hoc issues. We are aware that the interests of shareholders, clients, employees, and the general public can be conflicting, and that we have to negotiate between these interests. We remain open to stakeholder critique, and consider this with sensitivity when conducting due diligence and when improving our sustainability approach. Our Stakeholders Topics Covered in this Report
102-44	Key topics and concerns raised	Our Stakeholders Culture and Conduct/Definition and Goals Environmental and Social Issues Human Rights/Monitoring progress People Strategy

Reporting principles
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
102-45	Entities included in the consolidated financial statements	AR – Consolidated Financial Statement 40 – Structured Entities
102-46	Defining report content and topic Boundaries	Our Stakeholders Topics Covered in this Report
102-47	List of material topics	Materiality assessment 2017
102-48	Restatements of information	Revised list of material topics Footnote 3
102-49	Changes in reporting	Topics Covered in this Report
102-50	Reporting period	About this report
102-51	Date of most recent report	About this report
102-52	Reporting cycle	About this report
102-53	Contact point for questions regarding the report	Contact
102-54	Claims of reporting in accordance with the GRI Standards	The Non-Financial Report 2017 has been prepared in accordance with the GRI Standards: Core option.
102-55	GRI content index	Our full GRI content index is available in the online report and on our corporate website.
102-56	External assurance	The information contained in this report is subject to additional external assurance. (Independent assurance statement) Information of the HR Report are not part of the external assurance.

GRI 200: Economic Topics

Economic – Economic performance
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
GRI 103: Management approach 2017
103-1	Explanation of the material topic and its Boundary	Materiality assessment 2017 Products and Services	SDG 5 SDG 8
103-2	The management approach and its components	Approach to Sustainability Our Business Environment Our Business Environment/Economic and Regulatory Environment	SDG 5 SDG 8
103-3	Evaluation of the management approach	Sustainability Ratings AR – Group at a Glance	SDG 5 SDG 8
GRI 201: Economic performance 2017
201-1	Direct economic value generated and distributed	AR – Group at a Glance	SDG 5 SDG 7 SDG 8 SDG 9
201-2	Financial implications and other risks and opportunities due to climate change	Our Business Environment Corporate and Investment Bank/Financing a Low Carbon Economy Deutsche Asset Management/Sustainable Investment Funds ES Targets and Measures/Low Carbon Economy Climate-Related Transition Risks/Reputational Risk Management Carbon Neutrality Partly reported. The assessment of climate risks is part of our broader approach to managing non-financial, credit and market risks. We do not disclose the costs of measures individually.	SDG 13	7

Economic – Anti-corruption
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
GRI 103: Management approach 2017
103-1	Explanation of the material topic and its Boundary	Materiality assessment 2017 Anti-Financial Crime	SDG 5 SDG 8
103-2	The management approach and its components	Anti-Financial Crime Combating Bribery and Corruption	SDG 5 SDG 8
103-3	Evaluation of the management approach	Combating Bribery and Corruption Preventing Other Criminal Activities	SDG 5 SDG 8
GRI 205: Anti-corruption 2017
205-1	Operations assessed for risks related to corruption	Several instruments and processes to detect, analyze, and prevent corruption are in place. Risks related to corruption are part of AFCs risk management and managed Group-wide. AFC Risk & Control		10

GRI 300: Environmental Topics

Environmental – Materials
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
GRI 103: Management approach 2017
103-1	Explanation of the material topic and its Boundary	Materiality assessment 2017	SDG 5 SDG 8
103-2	The management approach and its components	Inhouse Ecology	SDG 5 SDG 8
103-3	Evaluation of the management approach	Eco-Efficiency Tables	SDG 5 SDG 8
GRI 301: Materials 2017
301-1	Materials used by weight or volume	Eco-Efficiency Tables/Waste and Paper	SDG 8 SDG 12	7, 8
301-2	Recycled input materials used	Eco-Efficiency Tables/Waste and Paper	SDG 8 SDG 12	8

Environmental – Energy
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
GRI 103: Management approach 2017
103-1	Explanation of the material topic and its Boundary	Materiality assessment 2017	SDG 5 SDG 8
103-2	The management approach and its components	Inhouse Ecology	SDG 5 SDG 8
103-3	Evaluation of the management approach	Eco-Efficiency Tables/Greenhouse Gas (GHG) Emissions	SDG 5 SDG 8
GRI 302: Energy 2017
302-1	Energy consumption within the organization	Eco-Efficiency Tables/Greenhouse Gas (GHG) Emissions	SDG 7 SDG 8 SDG 12 SDG 13	7, 8
302-2	Energy consumption outside of the organization	Eco-Efficiency Tables/Greenhouse Gas (GHG) Emissions	SDG 7 SDG 8 SDG 12 SDG 13	8
302-3	Energy intensity	Eco-Efficiency Tables/Greenhouse Gas (GHG) Emissions	SDG 7 SDG 8 SDG 12 SDG 13	8
302-4	Reduction of energy consumption	Eco-Efficiency Tables/Greenhouse Gas (GHG) Emissions	SDG 7 SDG 8 SDG 12 SDG 13	8, 9

Environmental – Water
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
GRI 103: Management approach 2017
103-1	Explanation of the material topic and its Boundary	Materiality assessment 2017	SDG 5 SDG 8
103-2	The management approach and its components	Inhouse Ecology	SDG 5 SDG 8
103-3	Evaluation of the management approach	Eco-Efficiency Tables/Water	SDG 5 SDG 8
GRI 303: Water 2017
303-1	Water withdrawal by source	Eco-Efficiency Tables/Water Information focuses on the data collection process. We monitor the developments and expectations of our stakeholders in order to serve other reporting elements in the future, if necessary.	SDG 6	7, 8

Environmental – Emissions
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
GRI 103: Management approach 2017
103-1	Explanation of the material topic and its Boundary	Materiality assessment 2017	SDG 5 SDG 8
103-2	The management approach and its components	Inhouse Ecology	SDG 5 SDG 8
103-3	Evaluation of the management approach	Eco-Efficiency Tables/GHG Emissions	SDG 5 SDG 8
GRI 305: Emissions 2017
305-1	Direct (Scope 1) GHG emissions	Carbon Neutrality Eco-Efficiency Tables/GHG Emissions	SDG 3 SDG 12 SDG 13 SDG 14 SDG 15	7, 8
305-2	Energy indirect (Scope 2) GHG emissions	Carbon Neutrality Eco-Efficiency Tables/GHG Emissions	SDG 3 SDG 12 SDG 13 SDG 14 SDG 15	7, 8
305-3	Other indirect (Scope 3) GHG emissions	Carbon Neutrality Eco-Efficiency Tables/GHG Emissions	SDG 3 SDG 12 SDG 13 SDG 14 SDG 15	7, 8
305-4	GHG emissions intensity	Carbon Neutrality Eco-Efficiency Tables/GHG Emissions	SDG 13 SDG 14 SDG 15	8
305-5	Reduction of GHG emissions	Data Collection Process/GHG Reporting Carbon Neutrality Eco-Efficiency Tables/GHG Emissions	SDG 13 SDG 14 SDG 15	8, 9

Environmental – Effluents and waste
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
GRI 103: Management approach 2017
103-1	Explanation of the material topic and its Boundary	Materiality assessment 2017	SDG 5 SDG 8
103-2	The management approach and its components	Inhouse Ecology	SDG 5 SDG 8
103-3	Evaluation of the management approach	Eco-Efficiency Tables/Waste and Paper	SDG 5 SDG 8
GRI 306: Effluents and Waste 2017
306-2	Waste by type and disposal method	Eco-Efficiency Tables/Waste and Paper	SDG 3 SDG 6 SDG 12	8

GRI 400: Social Topics

Social – Employment
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
GRI 103: Management approach 2017
103-1	Explanation of the material topic and its Boundary	Materiality assessment 2017 People Strategy	SDG 5 SDG 8
103-2	The management approach and its components	People Strategy	SDG 5 SDG 8
103-3	Evaluation of the management approach	People Survey	SDG 5 SDG 8
GRI 401: Employment 2017
401-1	New employee hires and employee turnover	Recruiting and Talent Development Recruiting and Talent Development/Employee Development/Internal Career Mobility Partly reported Confidentiality constraints: Although we report voluntary staff turnover in %, assessment and tracking of numbers related to turnover by age group, gender and region are for internal use only.	SDG 5 SDG 8	6
401-2	Benefits provided to full-time employees that are not provided to temporary or part-time employees	Renumeration and Benefits/Work-Life Balance Partly reported Benefits provided to employees depend on country, region, jurisdiction. Therefore not all benefits are available to each employee.	SDG 8

Social – Training and education
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
GRI 103: Management approach 2017
103-1	Explanation of the material topic and its Boundary	Materiality assessment 2017 Recruiting and Talent Development/Employee Development	SDG 5 SDG 8
103-2	The management approach and its components	Recruiting and Talent Development/Employee Development	SDG 5 SDG 8
103-3	Evaluation of the management approach	HR Report – Training	SDG 5 SDG 8
GRI 404: Training and education 2017
404-1	Average hours of training per 2017 per employee	HR Report – Training Partly reported Our training is measured in expenses not in training hours.	SDG 4 SDG 5 SDG 8	6
404-2	Programs for upgrading employee skills and transition assistance programs	Actions/Empowering and Effective Managers Recruiting and Talent Development/Employee Development Digitalization	SDG 8
404-3	Percentage of employees receiving regular performance and career development reviews	Total Performance HR Report – Holistically managing performance	SDG 5 SDG 8	6

Social – Diversity and equal opportunity
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
GRI 103: Management approach 2017
103-1	Explanation of the material topic and its Boundary	Materiality assessment 2017 Diversity & Inclusion AR – Diversity concept of the Supervisory Board AR – Diversity concept of the Management Board	SDG 5 SDG 8
103-2	The management approach and its components	Diversity & Inclusion	SDG 5 SDG 8
103-3	Evaluation of the management approach	Diversity & Inclusion	SDG 5 SDG 8
GRI 405: Diversity and equal opportunity 2017
405-1	Diversity of governance bodies and employees	Diversity & Inclusion/Gender Diversity AR – Corporate Governance Statement/Management Board AR – Corporate Governance Statement/Supervisory Board	SDG 5 SDG 8	6

Social – Human rights assessment
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
GRI 103: Management approach 2017
103-1	Explanation of the material topic and its Boundary	Materiality assessment 2017 Human Rights	SDG 5 SDG 8
103-2	The management approach and its components	Human Rights	SDG 5 SDG 8
103-3	Evaluation of the management approach	Human Rights/Monitoring progress	SDG 5 SDG 8
GRI 412: Human rights assessment 2017
412-2	Employee training on human rights policies or procedures	ES Targets and Measures/Strengthen ES Governance Partly reported. We record the number of trained employees and the number of training sessions. Not the number of hours.		1

Social – Supplier social assessment
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
GRI 103: Management approach 2017
103-1	Explanation of the material topic and its Boundary	Materiality assessment 2017	SDG 5 SDG 8
103-2	The management approach and its components	Human Rights	SDG 5 SDG 8
103-3	Evaluation of the management approach	Human Rights/Monitoring progress	SDG 5 SDG 8
GRI 414: Supplier social assessment 2017
414-2	Negative social impacts in the supply chain and actions taken	Human Rights/Targets and Measures/Vendor certification Partly reported We do not yet report the significant actual and potential negative human rights impacts in the supply chain and actions taken. But we continue our work to identify vendors that mights have potential negative human rights impacts. A percentage of identified vendors is not collected.	SDG 5 SDG 8	2

Social – Marketing and labeling
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
GRI 103: Management approach 2017
103-1	Explanation of the material topic and its Boundary	Materiality assessment 2017 Product Suitability and Appropriateness	SDG 5 SDG 8
103-2	The management approach and its components	Product Suitability and Appropriateness	SDG 5 SDG 8
103-3	Evaluation of the management approach	Product Suitability and Appropriateness	SDG 5 SDG 8
GRI 417: Marketing and labeling 2017
417-1	Requirements for product and service information and labeling	Product Suitability and Appropriateness Private & Commercial Bank/Product Principles Deutsche Asset Management/ESG Engine Partly reported We do not yet filter for environmental and social impacts within the product lifecycle assessment, therefore, we do not report a percentage.	SDG 12

Social – Customer Privacy
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
GRI 103: Management approach 2017
103-1	Explanation of the material topic and its Boundary	Materiality assessment 2017 Data Protection	SDG 5 SDG 8
103-2	The management approach and its components	Data Protection	SDG 5 SDG 8
103-3	Evaluation of the management approach	Data Protection	SDG 5 SDG 8
GRI 418: Customer privacy 2017
418-1	Substantiated complaints concerning breaches of customer privacy and losses of customer data	Complaint Management Not reported The data protection aspects are covered in our regular complaint management procedures. They are not filtered specifically.

Financial Services Standard Disclosures

FSSD – Product Portfolio
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
G4-DMA (FS1)	Policies with specific environmental and social components applied to business lines	Deutsche Asset Management/Governance and Transparency Environmental and Social Issues/Strengthen ES-Governance Human Rights Climate Risk	SDG 10
G4-DMA (FS3)	Processes for monitoring clients’ implementation of and compliance with environmental and social requirements included in agreements or transactions	Deutsche Asset Management/Governance and Transparency Environmental and Social Issues/Strengthen ES-Governance Human Rights Climate Risk	SDG 10
G4-DMA (FS4)	Process(es) for improving staff competency to implement the environmental and social policies and procedures as applied to business lines	Environmental and Social Issues/Targets and Measures Human Rights/Targets and Measures
G4-DMA (FS5)	Interactions with clients, investees, business partners regarding environmental and social risks and opportunities	Our Stakeholders Deusche Asset Management/Corporate Governance Deusche Asset Management/Sustainable Investment Funds Environmental and Social Issues/Client Dialog Human Rights/Targets and Measures	SDG 10
FS7	Monetary value of products and services designed to deliver a specific social benefit for each business line broken down by purpose.	Corporate and Investment Bank/Financing a Low Carbon Economy Deusche Asset Management/Sustainable Investment Funds Partly reported Where relevent we have reported the associated monetary value. A disclosure on the associated monetary value of every product and service designed to deliver a specific social benefit broken down by business line does not yet exist. We investigate possibilities to expand the tracking methodology.	SDG 8 SDG 9 SDG 10 SDG 11
FS8	Monetary value of products and services designed to deliver a specific environmental benefit for each business line broken down by purpose.	Corporate and Investment Bank/Infrastructure Financing Corporate and Investment Bank/Financing a Low Carbon Economy Private & Commercial Bank/PCC Germany, PCC International and Postbank Deusche Asset Management/Sustainable Investment Funds Environmental and Social Issues/Targets and measures/Low Carbon Economy Partly reported Where relevent we have reported the associated monetary value. A disclosure on the associated monetary value of every product and service designed to deliver a specific environmental benefit broken down by business line does not yet exist. We investigate possibilities to expand the tracking methodology.

FSSD – Audit
Disclosure	Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
G4-DMA-Audit	Carbon Neutrality Assurance KPMG

FSSD – Active Ownership
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
G4-DMA - Active Ownership	Policies with specific environmental and social components applied to business lines	Deutsche Asset Management/ESG Integration/Real Estate
FS11	Percentage of assets subject to positive and negative environmental or social screening.	Deutsche Asset Management Figures„ Transactions and clients assessed under the ES policy framework” and “Transactions and clients assessed under the ES policy framework per sector”	SDG 10

FSSD – Local communities
Disclosure		Non-Financial Report 2017	SDG Linkage to GRI Disclosures	UN GC
G4-DMA - Local Communities		Deusche Asset Management/Sustainable Investment Funds
FS14	Initiatives to improve access to financial services for disadvantaged people	Deusche Asset Management/Sustainable Investment Funds	SDG 8 SDG 10

GRI content index and the UN Global Compact Communication on Progress

GRI 100: Universal Standards

GRI 200: Economic Topics

GRI 300: Environmental Topics

GRI 400: Social Topics

Financial Services Standard Disclosures