Deutsche Bank AG (2025)
| Signing Date | 27 Jul 2020 |
| Region of Headquarters: | Europe |
| Current EPFI Reporting Year/Period: | 1 Jan 2025 - 31 Dec 2025 |
| Institutional Reporting: | Link to Report |
Please read the important notes and disclaimer for further information on ‘EPFI Reporting’, compliance and publication on the EP website.
Further information on this EPFI may be obtained through the Institutional Reporting hyperlink.
Project Finance Advisory Services
Total number mandated in the reporting period: 0
Project Finance Transactions
Total number that reached Financial Close in the reporting period: 24
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | 2 | 4 | 2 |
| Oil & Gas | 2 | 1 | |
| Power | 3 | 9 | 1 |
| Others | |||
| Region | |||
| Americas | 2 | 6 | 3 |
| Europe, Middle East & Africa | 5 | 5 | |
| Asia Pacific | 3 | ||
| Country Designation | |||
| Designated Country 4 | 5 | 13 | 3 |
| Non Designated Country | 2 | 1 | |
| Both | |||
| Independent Review | |||
| Yes | 7 | 9 | |
| No | 5 | 3 | |
| Totals | 7 | 14 | 3 |
Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.
Category B – Projects with potential limited adverse environmental and social risks and/or impacts that are few in number, generally site-specific, largely reversible and readily addressed through mitigation measures.
Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.
Designated Countries are those countries deemed to have robust environmental and social governance, legislation systems and institutional capacity designed to protect their people and the natural environment.
Project-related Refinance & Project-related Acquisition For Project Finance
Total number that reached Financial Close in the reporting period: 0
Project Name Reporting For Project Finance (And Project-related Refinance & Project-related Acquisition Finance For Project Finance)
| No. | Project Name | Sector | Project Location(s) | Year of Financial Close |
|---|---|---|---|---|
| 1 | Baltica 2 | Power | Poland | 2025 |
| 2 | Supernode BESS (Stages 1 and 2) | Power | Australia | 2025 |
| 3 | Antalya Airport Expansion Project | Infrastructure | Turkiye | 2025 |
| 4 | Project Elephant | Infrastructure | Thailand | 2025 |
| 5 | Antalya-Alanya Motorway Project | Infrastructure | Turkiye | 2025 |
| 6 | Blind Creek Solar Farm and Battery Energy Storage System | Power | Australia | 2025 |
| 7 | Project HyNet | Infrastructure | United Kingdom | 2025 |
Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 17
Under EP4, project name reporting is required for Project Finance transactions that have reached Financial Close and encouraged for Project-Related Corporate Loans that have reached Financial Close.
Project-Related Corporate Loans
Total number that reached Financial Close in the reporting period: 9
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | 3 | 1 | |
| Oil & Gas | 1 | ||
| Power | 1 | ||
| Others | 3 | ||
| Region | |||
| Americas | 1 | 2 | |
| Europe, Middle East & Africa | 4 | 2 | |
| Asia Pacific | |||
| Country Designation | |||
| Designated Country 4 | 2 | ||
| Non Designated Country | 5 | 2 | |
| Both | |||
| Independent Review | |||
| Yes | 5 | 3 | |
| No | 1 | ||
| Totals | 5 | 4 | |
Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.
Category B – Projects with potential limited adverse environmental and social risks and/or impacts that are few in number, generally site-specific, largely reversible and readily addressed through mitigation measures.
Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.
Designated Countries are those countries deemed to have robust environmental and social governance, legislation systems and institutional capacity designed to protect their people and the natural environment.
Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans
Total number that reached Financial Close in the reporting period: 0
Project Name Reporting For Project-related Corporate Loans (And Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans)
Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 9
Under EP4, project name reporting is encouraged for Project-Related Corporate Loans that have reached Financial Close and required for Project Finance transactions that have reached Financial Close.
EP4 applies for those transactions mandated after 1 October 2020 and that have reached Financial Close by the end of the period being reported.
Implementation of the Equator Principles
As a signatory to the Equator Principles, Deutsche Bank applies the risk identification, assessment, management and reporting requirements of the Equator Principles to in-scope project-related finance transactions. In line with Deutsche Bank’s environmental and social due diligence requirements, the bank’s business units are initially responsible for identifying environmental and social risks, determining if a transaction falls into the Equator Principles scope and gathering due diligence documentation. To support business units, internal Equator Principles implementation guidance and trainings were developed, which specify the requirements for project categorization (A, B or C), due diligence and guidance on referral to Chief Sustainability Office Environmental and Social Due Diligence function. The function is responsible for assisting business units in assessing environmental and social issues and associated risks. For eligible projects, the function either conducts an in-house review of project documentation during due diligence and monitoring phases, or requests an independent external consultant to do so for higher-risk projects, as required by the Equator Principles. The due diligence process and post-transactional monitoring involves discussions of critical issues with clients and tracking of remediation actions. If the project related environmental or social risks are deemed to pose a moderate or material reputational risk, the transaction will follow the escalation process explained under the Reputational Risk Framework section.
Deutsche Bank is part of various Equator Principles working groups on issues such as biodiversity, maritime assets, scope of application and governance with a view to contribute to the Equator Principles development and future progress.