WSJ News Exclusive | Fired Executive Says Deutsche Bank’s DWS Overstated Sustainable-Investing Efforts

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Deutsche Bank’s asset-management arm says its environmental, social and governance standards are above industry average, but behind closed doors, it has struggled to define and implement an ESG strategy, according to its former sustainability chief

Frankfurt-based DWS said in its 2020 annual report released in March that more than half of its assets under management—€459 billion, equivalent to $540 billion—have run through a process it calls ESG integration. In such a process, companies are graded on ESG criteria, which helps inform fund managers if the investment faces any risks related to these standards.

According to an internal assessment of the company’s ESG capabilities a month earlier, “only a small fraction of the investment platform applies ESG integration,” adding there is no quantifiable or verifiable ESG-integration for key asset classes at DWS.

 

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This entire subject is filled with total nonsense. One need only look at the investments carefully selected to fit the paradigm and immediately realize how easy it is to poke holes in virtually all of them. Example….Chinese coal used to produce solar panels.

Can’t wait till they have to write off all of the Orange Blobs defaulted loans.

The blood of Jesus forgave but if you don't fast 1x week died and buried the talent and Christ will not use you to anoint with oil and break the 3rd year's bread with needy orphans and widows, to help in this Word that started in Brazil Nubank pix30576180300 or prayer please amen

says DeutscheBank then it must be true

+ İncreasing constrains decreases returns.

good

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