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 55 is higher than 97% 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 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. This represents a decrease from 2022, where total emissions were about 33,463,924,000 kg CO2e, with Scope 1 at 976,000 kg CO2e and Scope 2 (market-based) at 1,218,000 kg CO2e. DWS has set ambitious climate commitments, aiming for a minimum 46% reduction in Scope 1 and Scope 2 operational emissions by 2030, compared to a 2019 baseline. Additionally, they target a 50% reduction in the inflation-adjusted Weighted Average Carbon Intensity (WACI) related to Scope 1 and 2 portfolio emissions by the same year. These targets align with their interim net-zero goal. DWS is committed to achieving net-zero emissions across all scopes by 2050, having made this commitment as part of the Science Based Targets initiative (SBTi). The company is actively working towards these goals, demonstrating a strong commitment to sustainability and climate action within the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 1,243,000 | 000,000 | 000,000 |
Scope 2 | 1,451,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | 00,000,000,000 | 00,000,000,000 |
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 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.