Deutsche Bank achieves positive ESG rating results in 2025

Deutsche Bank achieved notable progress in its environmental, social and governance (ESG) ratings in 2025. With the four leading rating agencies the bank was able to either significantly improve its results or strengthen its already high rating with an increased total score.
CDP: For the first time, Deutsche Bank received the top score A/Leadership and was included in the organization’s A List.
S&P CSA: The score rose from 67 to 72 points out of a possible 100 – placing Deutsche Bank among the leading companies worldwide in this rating.
MSCI: The bank’s AA rating (AAA representing the highest rating) was reaffirmed with an increased total score compared to the previous assessment.
Sustainalytics: The risk score improved from 24.8 (Medium Risk) to 9.0 (Negligible Risk), with 0.0 representing the best possible score.
Deutsche Bank also continues to be listed in two significant indices: Dow Jones Best-in-Class World and Dow Jones Best-in-Class Europe. These indices contain, according to their methodology, companies that achieve the highest ESG ratings within their respective sectors globally and in Europe.
Piraeus upgraded to ‘AAA’ ESG Rating by MSCI

MSCI has upgraded Piraeus’ ESG Rating from ‘AA’ to ‘AAA’, which is the highest rating available by MSCI on sustainability.
This is the first time Piraeus has achieved the top score, positioning the Bank as one of the leaders in sustainability in the financial industry at international level.
The Bank has managed to consistently improve its position from the ‘BBB’ rating in late 2020, to a ‘AAA’ rating, being the only Greek company at this level currently. It is worth mentioning that only 18% of the global universe under MSCI ESG rating is now rated ‘AAA’.
MSCI ESG Ratings aim to measure a company’s resilience to long-term ESG risks. Companies are scored on an industry-relative ‘AAA’ to ‘CCC’ scale across the most relevant key issues based on their business model.
The upgrade highlights Piraeus’ advancements in several critical areas, building on its existing strengths and improvements in sustainability reporting, particularly its alignment with the EU Corporate Sustainability Reporting Directive.
These initiatives offer enhanced transparency regarding Piraeus’ management of environmental, social, and governance matters throughout its operations.
This recognition further reinforces Piraeus’ reputation among institutional clients and investors. As ESG ratings become increasingly significant in capital allocation decisions, MSCI’s upgrade highlights our ongoing advancement in integrating sustainability into our overall business strategy.