Curtis File

Apr 30, 2024 | sustainalytics.com | Curtis File

In This Article:When Deutche Bank’s subsidiary, DWS, agreed to pay a USD19 million fine in September 2023 for greenwashing,1 it sent a message to every asset manager: the risks of making misleading sustainability claims are real and consequential. This evolution in accountability comes at a time when environmental, social, and governance (ESG) issues, particularly climate action and carbon emissions, are under an intense microscope.

Nov 14, 2023 | sustainalytics.com | Curtis File

What’s the cost of making misleading sustainability claims? It could be as much as US$19 million. That’s how much Deutsche Bank’s asset management firm DWS agreed to pay the United States Securities and Exchange Commission (SEC) in September 2023.1The fine was part of an agreement to settle charges that the company engaged in greenwashing – the practice of making inaccurate statements regarding its environmental, social, and governance (ESG) investing practices.

Jun 7, 2023 | sustainalytics.com | Curtis File