Jun 02, 2021 Press

DWS Concept ESG Blue Economy: equity fund focuses on ocean protection

  • The aim of the fund is to support the "Blue Economy" and to have a positive effect on the sustainable actions of companies
  • The focus is on companies related to coastal and marine ecosystems
  • Partnership: DWS relies on WWF's expertise in marine protection
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With the DWS Concept ESG Blue Economy, DWS is expanding its thematic ESG product range with a new globally investing equity fund. The aim of the fund, managed by Paul Buchwitz, is to support the "Blue Economy" and to have a positive impact on the sustainable actions of companies. The focus is therefore primarily on shares of companies related to coastal and marine ecosystems.

The following figures make clear how much potential there is in the blue economy: "The blue economy is expected to grow twice as fast as the established economy by 2030," says Paul Buchwitz with a view to the Oceans Day on 8 June 2021. The World Wide Fund for Nature (WWF) puts the global value of ocean-related assets at around 24 trillion dollars. And the annual "gross ocean product" of the oceans, at 2.5 trillion dollars, is so large that it would rank the Blue Economy eighth among the world's largest economies. Due to the enormous importance of the oceans, not only as an economic resource, but also for the preservation of ecosystems and biodiversity, the United Nations Environment Programme Finance Initiative (UNEP FI), together with the WWF, has defined criteria for five ocean-related sectors, which the DWS Concept ESG Blue Economy has integrated into the investment process.

For further information please contact:

Sabina Diaz Duque
Tel. +49 (0)69 / 910 14177
sabina.diaz-duque@dws.com

Kathrin Mahr
Tel. +49 (0)69 / 910 13388
kathrin.mahr@dws.com

  

About DWS Group

DWS Group (DWS) is one of the world's leading asset managers with EUR 820bn of assets under management (as of 31 March 2021). Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is 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.

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