DWS Group, the investment arm of Deutsche Bank, has been accused of misreporting some ESG data.
August 26, 2021 at 03:19 PM
3 minute read
An investigation into alleged misstatements over ESG metrics by the investment arm of Deutsche Bank highlights the need for robust ESG expertise in-house.
On Wednesday, The Wall Street Journal reported that DWS Group’s former head of sustainability, Desiree Fixler, alleged that DWS overstated how much its sustainable investing criteria is used to manage assets.
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DWS Group logos sit on banners hanging outside the Frankfurt Stock Exchange on March 23, 2018. Photo: Alex Kraus/Bloomberg
