Today, DWS launched the “Sustainability at Work” initiative as part of its Earth Week celebrations. Kicking off 16 April, 2018, Earth Week leads up to Earth Day on 22 April, 2018, a global event drawing attention to the need for environmental protection support.
The “Sustainability at Work” initiative is designed to reduce the amount of plastic used within DWS offices worldwide. Each year, at least 8 million tons of plastics leak into the ocean globally, according to the World Economic Forum. If no action is taken to curb plastics use and increase recycling, the ocean is expected to contain 1 ton of plastic for every 3 tons of fish by 2025.
“As global corporate citizens we are all responsible for working toward a sustainable environment,” said Nicolas Moreau, CEO of DWS. “We are a generation that still has an opportunity to make a positive difference in our environment. Thus, we are committed to responsible investing.”
Sustainability is one of DWS’s four key values. Through its recently created position of Chief Investment Officer (CIO) for Responsible Investments, DWS ensures that Environmental, Social and Governance (ESG) issues are integrated into its investment processes and that it supports the growth of dedicated ESG products and solutions. The DWS proprietary database ESG Engine now includes embedded Sustainable Development Goals (SDG) data.
DWS integrates corporate scores on exposure to catastrophic climate events in industry first and developed a ground-breaking approach to climate risk management in partnership with California-based climate intelligence advisory firm Four Twenty Seven. Nicolas Moreau signed 2017 a master agreement with the UN Green Climate Fund enabling DWS to receive and use GCF capital and raise further funds from private sector investors to support action on climate change.
DWS manages 20 billion euros of ESG assets under management (As of 31 Dec., 2017) including seven sustainable and impact funds investing in sectors such as clean energy, energy storage and water as well as certified green-labelled buildings.
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DWS Group DWS Group GmbH & Co. KGaA (DWS) is one of the world's leading asset managers with EUR700bn of assets under management (as of 31 Dec 2017). 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 strategic investment approach.
DWS wants to innovate and shape the future of investing: with staff from 35 nationalities, speaking more than 75 languages rooted in 22 countries, we are local while being one global team.