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 39 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, DWS Group GmbH & Co. KGaA reported Scope 2 emissions of approximately 757,238 kg CO2e. This marks a slight increase from 2023, where emissions were about 713,644 kg CO2e, and a decrease from 2022, which recorded around 757,112 kg CO2e. The company has not disclosed any Scope 1 or Scope 3 emissions data for the most recent years. DWS has set ambitious climate commitments, aiming for a 50% reduction in the inflation-adjusted Weighted Average Carbon Intensity (WACI) related to Scope 1 and 2 portfolio emissions by 2030, using 2019 as the base year. Additionally, they target a minimum 46% reduction in in-scope operational emissions for both Scope 1 and Scope 2 by 2030, also compared to 2019 levels. These targets are aligned with their interim net-zero goal. DWS is a current subsidiary of DWS Group GmbH & Co. KGaA, and their climate initiatives are cascaded from this parent organization. The company is committed to achieving net-zero emissions across all scopes by 2050, as part of their long-term strategy.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 1,643,000 | 0,000,000 | - | - | - |
| Scope 2 | 3,976,000 | 0,000,000 | 000,000.00 | 000,000.00 | 000,000.0 |
| Scope 3 | 8,191,000 | 000,000 | - | - | - |
Dws's Scope 3 emissions, which decreased by 91% last year and decreased by approximately 91% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 22% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
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.
Dws has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Common questions about Dws's sustainability data and climate commitments