4 Sep 2019
DWS has maintained the highest possible rating, A+, for Strategy & Governance in the annual Principles for Responsible Investment (PRI) assessment. DWS has improved its score in 3 out of 9 modules, and fared better or at least in line with other PRI signatories in all categories. As an early signatory to the PRI, DWS is required to report on responsible investment activities and progress on an annual basis.
The assessment underlines DWS’s ambition to be a leader in the ESG market. Asoka Woehrmann, CEO at DWS says: “We are very proud to maintain our top rating from the PRI, which is a key metric for our clients. This result gives testimony to the great effort DWS has made to put sustainability at the core of what we do. But, there is still more we can all do.”
The PRI awarded DWS top score for its excellent strategy and governance approach to responsible investing and active ownership with listed equites. DWS made the best improvement in the Securitized Fixed Income module with a B-score coming from E last year, whereas the median for investment managers is an E score.
Going forward, DWS is stepping up its efforts to improve the breadth and depth of its ESG data. Following the recently announced addition of data provider S-Ray from Arabesque to complement its proprietary ESG Engine, DWS has developed a new climate transition management system which will be added to its research and portfolio management system. This new system can additionally be implemented in bespoke client solutions.