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Public Profile
Financial Intermediation
DE
updated a month ago

Dws

Company website

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.

DitchCarbon Score

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.

52

Industry Average

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.

27

Industry Benchmark

Dws's score of 52 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.

74%

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Dws's reported carbon emissions

In 2023, DWS Group GmbH & Co. KGaA reported total carbon emissions of approximately 30,232,159,000 kg CO2e, with emissions distributed across various scopes: 889,000 kg CO2e for Scope 1, 1,237,000 kg CO2e for Scope 2 (market-based), and a significant 30,232,159,000 kg CO2e for Scope 3. The previous year, 2022, saw similar emissions with Scope 1 at 976,000 kg CO2e, Scope 2 (market-based) at 1,218,000 kg CO2e, and Scope 3 at 33,463,924,000 kg CO2e. DWS has set ambitious climate commitments, aiming for a minimum 46% reduction in in-scope operational emissions by 2030 compared to the base year of 2019. This target applies to both Scope 1 and Scope 2 emissions. Additionally, they aim for a 50% reduction in the inflation-adjusted Weighted Average Carbon Intensity (WACI) related to Scope 1 and 2 portfolio emissions by 2030, aligning with their interim net-zero target. DWS is committed to achieving net-zero emissions by 2050, with interim targets established through the Science Based Targets initiative (SBTi). Their climate strategy is cascaded from their parent company, DWS Group GmbH & Co. KGaA, ensuring alignment with broader corporate sustainability goals. Overall, DWS is actively working towards significant emissions reductions while maintaining transparency in their reporting and commitments.

Unlock detailed emissions data

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2019202120222023
Scope 1
1,643,000
0,000,000
000,000
000,000
Scope 2
3,976,000
0,000,000
0,000,000
0,000,000
Scope 3
8,191,000
-
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Dws's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Dws is in DE, which has a medium grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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