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Primetals Technologies, Deutsche Bank Extend ESG Initiative and Set Gender Diversity Goal
11/11/2025 - Primetals Technologies and Deutsche Bank announced they have extended their agreement linking financial trading to sustainability, social responsibility and gender diversity goals.
The goals are part of an extended three-year environmental, social and governance (ESG) initiative. The companies said the first-time gender diversity goal’s aim is to increase the percentage of female engineers and project managers by 10% by 2027.
Primetals Technologies has launched an action plan focused on fostering diversity, equity and inclusion across the organization.
“Diversity is increasingly vital for attracting internal and external talent and for enhancing business outcomes. Ultimately, our success depends on our people: pioneers who drive our business with their know-how, skills and passion,” said Yoshiharu Ikeda, chief executive officer of Primetals Technologies.
Primetals Technologies’ sustainability and social responsibility goals include increasing the share of order intake related to greenhouse gas reduction and improving resource efficiency through research and development. They will also focus on creating a safe and healthy work environment for employees, the company said.
“Sustainability is a central part of Deutsche Bank’s strategy, and the bank sees it as its responsibility to support and, where possible, accelerate the transition towards a more sustainable society and economy,” said Inge-Lise Mackaay, managing director and head of ESG solutions for fixed income and concurrencies at Deutsche Bank.
The companies said under the agreement, if Primetals Technologies fails to meet its gender and sustainability goals, it will be required to pay a predefined sum to a designated charity.
Primetals Technologies has launched an action plan focused on fostering diversity, equity and inclusion across the organization.
“Diversity is increasingly vital for attracting internal and external talent and for enhancing business outcomes. Ultimately, our success depends on our people: pioneers who drive our business with their know-how, skills and passion,” said Yoshiharu Ikeda, chief executive officer of Primetals Technologies.
Primetals Technologies’ sustainability and social responsibility goals include increasing the share of order intake related to greenhouse gas reduction and improving resource efficiency through research and development. They will also focus on creating a safe and healthy work environment for employees, the company said.
“Sustainability is a central part of Deutsche Bank’s strategy, and the bank sees it as its responsibility to support and, where possible, accelerate the transition towards a more sustainable society and economy,” said Inge-Lise Mackaay, managing director and head of ESG solutions for fixed income and concurrencies at Deutsche Bank.
The companies said under the agreement, if Primetals Technologies fails to meet its gender and sustainability goals, it will be required to pay a predefined sum to a designated charity.
