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Commerz Real welcomed a recent decision by the Stuttgart District Court regarding advertising on the website of its klimaVest impact fund. In its judgement of 31 January 2022 (file number: 36O92/21KfH), the court responded to a claim by the Consumer Centre of Baden-Württemberg and, among other things, prohibited establishing a direct link between a certain investment amount and a defined alleged reduction in the personal carbon dioxide (CO2) footprint. Moreover, it was not made clear enough that the greenhouse gas emissions actually avoided by the solar parks and wind farms in the fund portfolio can differ from the target.

In this way, the direct link originally established between the investment in the fund and the personal carbon dioxide (CO2) footprint was removed and the avoidance objective and its conditions were presented more transparently and clearly.

This means that we have achieved the legal certainty we strive for. We already made the corresponding changes to the website at the end of last year.
Henning Koch
Chairman of the Management Board / CEO of Commerz Real AG
A person wearing protective clothing inspecting solar panels in a field with hills in the background.

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