Dws
DWS Group GmbH & Co. KGaA, commonly referred to as DWS, is a leading global asset management firm headquartered in Frankfurt, Germany. Established in 1872, DWS has evolved into a prominent player in the financial services industry, with a strong presence across Europe, the Americas, and Asia-Pacific. The company offers a diverse range of investment solutions, including equity, fixed income, and multi-asset strategies, distinguished by its commitment to sustainability and innovation. DWS is recognised for its robust risk management practices and a client-centric approach, positioning it as a trusted partner for institutional and retail investors alike. With a focus on delivering long-term value, DWS continues to achieve significant milestones, solidifying its reputation as a key player in the global asset management landscape.
DitchCarbon Score
How does Dws'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.
Industry Average
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.
Industry Benchmark
Dws's score of 15 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Dws's reported carbon emissions
In 2023, DWS Group GmbH & Co. KGaA reported total carbon emissions of approximately 2,126,000 kg CO2e, comprising 889,000 kg CO2e from Scope 1 and 1,237,000 kg CO2e from Scope 2 emissions. The previous year, 2022, saw total emissions of about 1,500,000 kg CO2e, with Scope 1 emissions at 976,000 kg CO2e and Scope 2 emissions at 1,218,000 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. In 2021, DWS's total emissions were approximately 4,117,000 kg CO2e, with Scope 1 emissions at 1,243,000 kg CO2e, Scope 2 emissions at 1,864,000 kg CO2e, and Scope 3 emissions contributing 1,021,000 kg CO2e. The total emissions for 2020 were about 6,572,000 kg CO2e, with Scope 3 emissions alone accounting for 2,600,000 kg CO2e. DWS has committed to achieving net-zero emissions by 2050, as part of its long-term climate strategy. This commitment encompasses all scopes of emissions and aligns with the Science Based Targets initiative (SBTi). The company is actively working towards this goal, having made its net-zero commitment in October 2021. DWS is also focused on compliance with the Financial Institutions Net-Zero Standard, with a deadline set for 24 months from its launch. Overall, DWS is taking significant steps to address its carbon footprint and is committed to long-term sustainability goals, despite the recent increase in emissions.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 2,600,000 | 0,000,000 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Dws is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
