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 35 is higher than 85% 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 2,227,000 kg CO2e, comprising 889,000 kg CO2e from Scope 1 and 1,237,000 kg CO2e from Scope 2 emissions. The company has demonstrated a significant reduction in emissions over recent years, with total emissions decreasing from about 4,117,000 kg CO2e in 2021 to the current figure. DWS has committed to achieving net-zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term commitment encompasses all scopes of emissions, reflecting the company's dedication to comprehensive climate action. DWS is actively working towards these targets, having been a committed member of the SBTi since 2021. The company’s emissions data highlights a focus on reducing its carbon footprint, particularly in Scope 1 and Scope 2 emissions, while also acknowledging the importance of addressing Scope 3 emissions in future strategies. As a financial institution based in Germany, DWS is positioned within the banking and insurance sector, which is increasingly prioritising sustainability and climate resilience.
Access structured emissions data, company-specific emission factors, and source documents
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 | - | - |
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.