September 2009 - The Environmental Protection Agency's (EPA) Green Power Partnership recently recognized Deutsche Bank for its purchase of 160 million kilowatt-hours of renewable energy certificates (RECs) per year from 3Degrees Inc. The two-year agreement will supply RECs equivalent to 100% of electricity needs of the company's U.S. corporate offices and facilities. The purchase is a part of Deutsche Bank's commitment to reduce its global carbon footprint by 20 percent annually compared to its 2007 base year in order to neutralize the CO2 emissions of its worldwide operations by 2012.
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Contact: Ted Meyer, 212-250-7253