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.
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.
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.
Dws's score of 41 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 (market-based). The company has shown a commitment to reducing its carbon footprint, having set long-term net-zero targets that span from 2023 to 2050 across all scopes of emissions. In previous years, DWS's emissions were higher, with 2022 figures indicating about 2,253,000 kg CO2e (976,000 kg CO2e from Scope 1 and 1,218,000 kg CO2e from Scope 2) and 2021 emissions reaching approximately 2,786,000 kg CO2e (1,243,000 kg CO2e from Scope 1 and 1,451,000 kg CO2e from Scope 2). This demonstrates a downward trend in emissions over the past two years. DWS is committed to aligning its operations with the Science Based Targets initiative (SBTi) and has been classified as a net-zero committed organisation. The company is part of the financial sector, which is increasingly focusing on sustainability and climate responsibility. DWS's initiatives reflect a broader industry trend towards reducing carbon emissions and enhancing environmental stewardship.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 1,243,000 | 000,000 | 000,000 |
Scope 2 | 1,451,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - |
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 participating in some of the initiatives that 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.