Deutsche Asset & Wealth Management, a division of Deutsche Bank, is headquartered in the United States and operates across major financial markets globally. Founded in 2013, the firm has quickly established itself as a leader in the asset management and wealth management sectors, offering a comprehensive suite of investment solutions tailored to meet the diverse needs of institutional and individual clients. With a focus on innovative investment strategies, Deutsche Asset & Wealth Management provides core services including portfolio management, financial advisory, and alternative investments. Its commitment to sustainability and responsible investing sets it apart in a competitive landscape. The firm has achieved notable recognition for its robust performance and client-centric approach, solidifying its position as a trusted partner in the financial services industry.
How does Deutsche Asset & Wealth Management's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Deutsche Asset & Wealth Management's score of 61 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Deutsche Asset & Wealth Management, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. As a current subsidiary of Deutsche Bank Aktiengesellschaft, any emissions data or climate commitments would be inherited from this parent organisation. While there are no documented reduction targets or specific climate pledges from Deutsche Asset & Wealth Management, it is important to note that the broader Deutsche Bank group has established various initiatives aimed at reducing carbon emissions. These initiatives include participation in the CDP (formerly Carbon Disclosure Project) and RE100, which are aimed at enhancing transparency and promoting renewable energy usage, respectively. As of now, Deutsche Asset & Wealth Management's climate commitments and emissions performance are closely tied to the strategies and targets set by Deutsche Bank Aktiengesellschaft, reflecting a commitment to sustainability within the financial services sector. Further details on specific emissions figures or reduction targets may be available through the parent company's disclosures.
Access structured emissions data, company-specific emission factors, and source documents
| 2004 | 2005 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 165,391 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
Deutsche Asset & Wealth Management's Scope 3 emissions, which increased by 6% last year and increased significantly since 2016, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 63% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Deutsche Asset & Wealth Management has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.