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COMMERZBANK AKTIENGESELLSCHAFT

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To our Shareholders Corporate Responsibility Management Report Risk Report Group Financial Statements Further Information 141 197<br />

127 71 Business and overall conditions<br />

135 79 Earnings performance, assets and financial position<br />

147 91 Segment performance<br />

137 193 Our employees<br />

143 199 Report on events after the reporting period<br />

144 200 Outlook and opportunities report<br />

Strengthening diversity, supporting staff<br />

We promote the diversity of our staff, as this has a positive impact on our corporate success<br />

and strengthens our corporate values. Applied diversity improves motivation, innovativeness<br />

and the working environment. And it ensures that very different personalities are accepted in<br />

a company, so that they can develop their full potential.<br />

Our “Women in management positions” project, started in 2010, is intended to increase<br />

the proportion of women in management so that Commerzbank has the most effective management<br />

team possible reflecting the full range of talents. Women represent 50% of the<br />

workforce in Commerzbank Aktiengesellschaft (Germany), but in terms of management positions<br />

they only account for between 9.3% of management level one and 28.8% of management<br />

level four. We plan to increase the proportion of women in all management positions<br />

throughout the Group from the current 24.2% to 30% by 2015. This target is supported by a<br />

range of bank-wide measures, such as a mentoring programme in which around 600 men<br />

and women are currently taking part.<br />

The Board of Managing Directors, all managers of level one and more than 1,300 managers<br />

of levels two to four have so far attended our diversity workshops, which have been<br />

obligatory for all managers since 2011. “Career days” are another part of the project and<br />

were held for the first time in the year under review. Around 500 women took part in these<br />

segment-internal networking events aimed at promoting exchanges with experienced female<br />

managers.<br />

We opened our own after-school club in Frankfurt am Main in August 2011. Ten primary<br />

school children of Commerzbank parents are currently attending the after-school club, where<br />

they are looked after up until 7 p.m. This number may rise to up to 80 children in the coming<br />

years. It is organised by Pme Familienservice, which already provides around 260 full-time<br />

places throughout Germany for Commerzbank staff children in crèches, kindergartens and in<br />

an after-school club. We have been recognised for our family-friendly initiatives for the<br />

fourth time through the “career and family” certification granted by the not-for-profit Hertie<br />

Foundation.<br />

Since the beginning of 2011, all staff, who for whatever reasons are temporarily not at<br />

work, can stay informed about a variety topics and current job offers through our diversity<br />

portal on the Internet, which we started in 2010 for staff on maternity or paternity leave.<br />

There are currently more than 3,600 staff registered on the portal.<br />

In addition to diversity activities by our HR department, we actively include our staff in<br />

the diversity process through networks. “Focus on fathers” addresses the topic of equal opportunity<br />

from a man’s perspective. The “Courage” network is a women’s forum where female<br />

staff can exchange experiences and foster their professional development. In addition<br />

to locations around Germany, “Courage” has also been active in Western and Eastern<br />

Europe, London, New York and Asia since 2011. The “Arco” network for gays and lesbians<br />

continues to grow and now has close to 400 members, making it the largest corporate network<br />

of its kind in Germany.<br />

We publish information on our diversity events on the Intranet. All staff are invited to<br />

keep themselves informed on various topics through workshops, talks and discussion forums,<br />

and to exchange information and drive forward their own personal and professional<br />

development. More than 50 events were held for this purpose during 2011. There was strong<br />

demand for our Saturday workshops for female staff, which were held in Berlin, Düsseldorf,<br />

Frankfurt am Main, Hamburg, Mannheim and Nuremberg.<br />

› Corporate Governance Report<br />

Page 38 f.<br />

› Corporate Governance Report<br />

Page 39<br />

Group Management Report

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