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deutsche bank's dws fined 25 million euros for misleading green claims

Deutsche Bank's asset management arm, DWS, has been fined 25 million euros for misleading advertising related to sustainable financial products, marking one of the largest penalties for "greenwashing" in Europe. The fine follows allegations from a former executive and extensive investigations revealing that DWS's claims about its ESG commitments were exaggerated. Despite accepting the penalty, DWS acknowledged past marketing excesses and stated that improvements have been made, while critics argue the firm has reduced its sustainable finance efforts.
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13:40 02.04.2025
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