DWS rejects greenwashing allegations after SEC and BaFin launch probes

Former employee alleges malpractice

James Baxter-Derrington
clock • 2 min read
Former group sustainability officer Desiree Fixler has alleged DWS is misrepresenting its ESG credentials
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Former group sustainability officer Desiree Fixler has alleged DWS is misrepresenting its ESG credentials

DWS has rejected claims it misrepresented its sustainability credentials as US federal prosecutors, the Securities and Exchange Commission (SEC) and German regulator BaFin launch investigations.

In a statement, Deutsche Bank's asset management arm said that while it does not comment on questions relating to litigation or regulatory matters, it "wants to address unfounded allegations being reported...

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