{
DWS Investment Management Americas Inc.

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}
001122334455554433221100
001122334455554433221100

Deutsche Bank's DWS fined 27 million dollars for greenwashing practices

Deutsche Bank’s asset management arm, DWS Group, has been fined €25 million ($27 million) by German prosecutors for greenwashing and negligent infringement related to misleading ESG marketing claims. This follows a three-year investigation revealing that DWS's assertions of being an "ESG leader" were not substantiated by its practices. The fine is part of a broader scrutiny of DWS's ESG commitments, which also included a $19 million penalty from the U.S. Securities and Exchange Commission for similar violations.
ESG Dive
Euro DWS Group GmbH & Co. KGaA DWS Investment Management Americas Inc. Deutsche Bank Money Market PP DEU USA Desiree Fixler Show more
Regulatory & Legal, Press Release
14:53 04.04.2025
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