Commitment to Society

Social responsibility is proven by constant commitment to society and culture even when times are difficult. In 2003, Deutsche Bank remained an active corporate citizen on an international level; together with our eight foundations and charitable institutions, we contributed a volume of € 67.4 million worldwide (including sponsoring of cultural activities and community development projects). In Asia, Deutsche Bank expanded its commitment to the region by establishing a new foundation.

In 2003, to reduce administrative expenses and to streamline our organization, we strategically consolidated our global activities in community development, education, art and music into the unit Corporate Cultural Affairs (CCA). In its role as corporate citizen, Deutsche Bank is also dedicated to cultivating cultural diversity, to facilitating sustainable solutions to social problems, to supporting young people in their development, and to working out answers to today’s socio-political issues through international dialogue. We prove our commitment not only by means of financial assistance, but also with our expertise, our own projects and through the voluntary initiatives of our staff members.

For a comprehensive review of our social and cultural activities in 2003, our Corporate Social Responsibility Report 2003 can be ordered from Deutsche Bank (see Impressum/Publications ) and is available in the Internet at www.deutsche-bank.com/cca/en .