Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• ESG Factors (Environmental, Social, Governance)

Climate Goals & Targets

Environmental Challenges

• Increased market pressure due to free services offered by other brokers
• Bourses struggling for relevance
• Potential for a resurgence of the Corona crisis in the autumn
• Uncertainty about the sustainability of industrial recovery
• Concerns about the future of the struggling service sector
• Impact of high national debt levels
• Uncertainty about the impact of the German federal election on future tax and financial policy

Mitigation Strategies

• Multi-platform approach (not solely reliant on stock trading)
• Market making in bonds and funds
• Leading position in market making in Germany
• Development of a new offering in execution services and order routing
• Conservative, financially strong approach
• Focus on a healthy mix of stockbroking and capital market services
• Emphasis on reliability and experience
• Strong team

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• ESG factors (Environmental, Social, and Governance)

Climate Goals & Targets

Environmental Challenges

• Slow economic recovery in many regions
• Continued struggles of numerous industries with the consequences of lockdowns
• Unexpected severity of the third wave of the pandemic
• Extension of state aid packages driving up astronomical national debts
• Inflation exceeding the three-percent mark for the first time in many years

Mitigation Strategies

• Cost discipline
• Performance-oriented compensation model

Supply Chain Management

Climate-Related Risks & Opportunities