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Commerzbank aims for “net zero” credit and investment portfolio by 2050 By Reuters


© Reuters. FILE PHOTO A logo of Commerzbank AG is seen at its headquarters in Frankfurt (Germany), February 13, 2020. REUTERS/Ralph Orlowski/File Photo

FRANKFURT (Reuters) – Commerzbank (DE:) said on Friday that its credit and investment portfolio would be “net zero” for carbon emissions by 2050.

The bank also stated that it will triple the size of its sustainable finance business by 2025 to 300 million euros, compared to last year.

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