Petra Pflaum, DWS CIO for Responsible Investment, will become a member of the German Government's Sustainable Finance Advisory Council effective from May 20, 2020. Pflaum’s appointment was made upon the request of the German Federal Ministry of Finance, the Federal Ministry for the Environment, Nature Conservation and Nuclear Safety, and the Federal Ministry of Economics and Energy.
Petra Pflaum commented: "I am very proud to be able to advise the German Government on its Sustainable Finance strategy and to participate in its implementation together with the other members of the Advisory Council. Our declared and common goal is to elevate Germany into a leading Sustainable Finance location. The current pandemic in particular reinforces the need to further promote and strengthen our economy in a responsible and sustainable manner.”
Members of the Sustainable Finance Advisory Council include representatives from the local financial sector, the real economy, civil society and science. The Advisory Council advises the German Government on how to strengthen Sustainable Finance in Germany by pooling existing resources.
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About DWS Group
DWS Group (DWS) is one of the world's leading asset managers with EUR 700bn of assets under management (as of 31 March 2020). Building on more than 60 years of experience and a reputation for excellence in Germany and across Europe, DWS has come to be recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.
We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management – as well as our deep environmental, social and governance focus – complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our investment approach strategically.
DWS wants to innovate and shape the future of investing: with approximately 3,500 employees in offices all over the world, we are local while being one global team. We are investors – entrusted to build the best foundation for our clients’ future.