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 86% 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 previous year, 2022, saw total emissions of about 1,697,000 kg CO2e, with Scope 1 emissions at 976,000 kg CO2e and Scope 2 emissions at 1,218,000 kg CO2e (market-based). DWS has made significant commitments to reduce its carbon footprint, pledging to achieve net-zero emissions across all scopes by 2050. This long-term target aligns with the Science Based Targets initiative (SBTi) and reflects DWS's commitment to sustainable practices within the financial sector. The company is actively working towards these goals, having committed to submit its targets by October 2023, and is a member of the BA1.5 initiative, which supports financial institutions in their transition to net-zero emissions. Overall, DWS is focused on reducing its environmental impact while maintaining its position as a leading financial institution in Germany and Europe.
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 not participating in any 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.